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QQQ vs SNFCA: Correlation

Invesco QQQ Trust (QQQ) and Security National Financial Corporation (SNFCA) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.37
moderate
Correlation (1Y)
0.14
last 12 months
Correlation (5Y)
0.28
long-run
Ann. covariance
247.3
%² · weekly, annualized

How correlated are QQQ and SNFCA?

Over the past 3 years, QQQ and SNFCA moved with a correlation of 0.37, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.14 versus 0.37 over 3 years. Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 247.3 %².

Within QQQ's tracked universe of 4755 assets, SNFCA comes in at #873 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 21.9 points (+26.3% versus +4.4%). Note the risk asymmetry: SNFCA runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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 SNFCA: side by side

QQQ (Invesco QQQ Trust)SNFCA (Security National Financial Corporation)
1-year return+26.3%+4.4%
5-year return+95.4%+22.0%
Volatility (ann.)19.6%34.6%
Beta vs S&P 5001.281.07
Max drawdown (3Y)-22.8%-39.5%
Market cap$0.2B
P/E (trailing)6.9
Dividend yield0.44%0.00%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryETF · US Growth & TechUS Listed
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -39.5%Higher 5y return: QQQ +95.4% vs +22.0%

QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.

-6%0%+29%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). QQQ · SNFCA

Year-by-year returns

YearQQQSNFCA
2022-32.6%-16.7%
2023+54.9%+29.5%
2024+25.6%+40.4%
2025+20.8%-21.4%
2026+17.7%+1.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are QQQ and SNFCA good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between QQQ and SNFCA?

Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.14 over the last year and 0.28 over 5 years.

Is SNFCA a good diversifier for QQQ?

Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.37 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

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QQQ vs SNFCA: 3-year weekly correlation 0.37QQQ vs SNFCA0.37

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Hubs: QQQ correlations · SNFCA correlations