QQQ vs SIGI: Correlation
Invesco QQQ Trust (QQQ) and Selective Insurance Group, Inc. (SIGI) show a near-zero relationship: their 3-year correlation of weekly returns is 0.08.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SIGI?
Over the past 3 years, QQQ and SIGI moved with a correlation of 0.08, which is near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of 0.02 lands near the 3-year figure. Over 5 years the correlation is 0.18, and the annualized covariance of weekly returns is 37.3 %².
Among the 4755 assets we track against QQQ, SIGI ranks #4004 by 3-year correlation. Over the last 12 months QQQ came out ahead by 7.2 percentage points (+26.3% against +19.1%).
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 SIGI: side by side
| QQQ (Invesco QQQ Trust) | SIGI (Selective Insurance Group, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +19.1% |
| 5-year return | +95.4% | +18.8% |
| Volatility (ann.) | 19.6% | 25.4% |
| Beta vs S&P 500 | 1.28 | 0.32 |
| Max drawdown (3Y) | -22.8% | -30.5% |
| Market cap | – | $5.5B |
| P/E (trailing) | – | 11.5 |
| Dividend yield | 0.44% | 1.81% |
| 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 | SIGI |
|---|---|---|
| 2022 | -32.6% | +9.7% |
| 2023 | +54.9% | +13.7% |
| 2024 | +25.6% | -4.6% |
| 2025 | +20.8% | -8.8% |
| 2026 | +17.7% | +11.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SIGI good diversifiers for each other?
By historical standards, yes. A correlation of 0.08 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and SIGI?
As of 2026-08-27, the correlation of weekly returns between QQQ and SIGI is 0.08 over 3 years, 0.02 over 1 year and 0.18 over 5 years.
Is SIGI a good diversifier for QQQ?
By historical standards, yes. A correlation of 0.08 means the two rarely move for the same reasons.
What does a correlation of 0.08 mean?
A reading of 0.08 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-sigi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-sigi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · SIGI correlations
