QQQ vs SF: Correlation
Invesco QQQ Trust (QQQ) and Stifel Financial Corporation (SF) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SF?
Across a 3-year window, the weekly returns of QQQ and SF correlate at 0.51, moderate. The past 12 months show a weaker link (0.31) than the 3-year average (0.51). Stretching to 5 years gives 0.52, with an annualized covariance of 268.6 %².
Among the 4755 assets we track against QQQ, SF ranks #254 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 20.3 points (+26.3% versus +6.0%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
QQQ vs SF: side by side
| QQQ (Invesco QQQ Trust) | SF (Stifel Financial Corporation) | |
|---|---|---|
| 1-year return | +26.3% | +6.0% |
| 5-year return | +95.4% | +92.0% |
| Volatility (ann.) | 19.6% | 27.2% |
| Beta vs S&P 500 | 1.28 | 1.23 |
| Max drawdown (3Y) | -22.8% | -34.7% |
| Market cap | – | $12.2B |
| P/E (trailing) | – | 14.4 |
| Dividend yield | 0.44% | 1.59% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | SF |
|---|---|---|
| 2022 | -32.6% | -15.6% |
| 2023 | +54.9% | +21.2% |
| 2024 | +25.6% | +56.4% |
| 2025 | +20.8% | +20.1% |
| 2026 | +17.7% | -2.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SF good diversifiers for each other?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between QQQ and SF?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.31 over the last year and 0.52 over 5 years.
Is SF a good diversifier for QQQ?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.51 mean?
On the −1 to +1 scale, 0.51 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: QQQ correlations · SF correlations
