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QQQ vs SNT: Correlation

Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Senstar Technologies Corporation (SNT) carry a correlation of 0.12, a weak link.

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

Correlation (3Y)
0.12
weak
Correlation (1Y)
0.18
last 12 months
Correlation (5Y)
0.13
long-run
Ann. covariance
156.8
%² · weekly, annualized

How correlated are QQQ and SNT?

Across a 3-year window, the weekly returns of QQQ and SNT correlate at 0.12, weak. Little has changed lately, as the 1-year reading of 0.18 lands near the 3-year figure. Stretching to 5 years gives 0.13, with an annualized covariance of 156.8 %².

By 3-year correlation, SNT places #3694 of the 4755 assets tracked against QQQ. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 88.3 percentage points (+26.3% for QQQ against -62.0% for SNT). Risk is not evenly split, since SNT carries 3.4 times the volatility of the other side.

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 SNT: side by side

QQQ (Invesco QQQ Trust)SNT (Senstar Technologies Corporation)
1-year return+26.3%-62.0%
5-year return+95.4%-57.3%
Volatility (ann.)19.6%66.2%
Beta vs S&P 5001.280.71
Max drawdown (3Y)-22.8%-69.2%
Market cap
P/E (trailing)85.5
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 -69.2%Higher 5y return: QQQ +95.4% vs -57.3%

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

-63%0%+29%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. QQQ · SNT

Year-by-year returns

YearQQQSNT
2022-32.6%-57.7%
2023+54.9%+2.4%
2024+25.6%+166.7%
2025+20.8%+40.4%
2026+17.7%-64.6%

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

Are QQQ and SNT good diversifiers for each other?

By historical standards, yes. A correlation of 0.12 means the two rarely move for the same reasons.

FAQ

What is the correlation between QQQ and SNT?

As of 2026-08-27, the correlation of weekly returns between QQQ and SNT is 0.12 over 3 years, 0.18 over 1 year and 0.13 over 5 years.

Is SNT a good diversifier for QQQ?

By historical standards, yes. A correlation of 0.12 means the two rarely move for the same reasons.

What does a correlation of 0.12 mean?

A reading of 0.12 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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QQQ vs SNT: 3-year weekly correlation 0.12QQQ vs SNT0.12

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Hubs: QQQ correlations · SNT correlations