QQQ vs SQFT: Correlation
How closely do Invesco QQQ Trust (QQQ) and Presidio Property Trust, Inc. (SQFT) trade together? Their weekly returns over three years give a correlation of 0.23, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SQFT?
Across a 3-year window, the weekly returns of QQQ and SQFT correlate at 0.23, weak. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. Stretching to 5 years gives 0.21, with an annualized covariance of 407.5 %².
By 3-year correlation, SQFT places #2445 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with QQQ ahead by 97.1 points (+26.3% versus -70.8%). One caveat on sizing: SQFT is 4.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 SQFT: side by side
| QQQ (Invesco QQQ Trust) | SQFT (Presidio Property Trust, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -70.8% |
| 5-year return | +95.4% | -95.2% |
| Volatility (ann.) | 19.6% | 90.2% |
| Beta vs S&P 500 | 1.28 | 1.55 |
| Max drawdown (3Y) | -22.8% | -89.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | SQFT |
|---|---|---|
| 2022 | -32.6% | -73.4% |
| 2023 | +54.9% | +19.5% |
| 2024 | +25.6% | -22.3% |
| 2025 | +20.8% | -58.4% |
| 2026 | +17.7% | -54.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SQFT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.23 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and SQFT?
As of 2026-08-27, the correlation of weekly returns between QQQ and SQFT is 0.23 over 3 years, 0.32 over 1 year and 0.21 over 5 years.
Is SQFT a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.23 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.23 mean?
A reading of 0.23 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-sqft.json
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Related comparisons
Hubs: QQQ correlations · SQFT correlations
