QQQ vs SSTK: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Shutterstock, Inc. (SSTK) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SSTK?
On 3 years of weekly data the QQQ/SSTK correlation comes out at 0.35, moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. The 5-year figure is 0.45, and annualized covariance runs at 340.5 %².
By 3-year correlation, SSTK places #1048 of the 4755 assets tracked against QQQ. The last year tells two different stories: QQQ led by 97.4 percentage points, +26.3% for QQQ against -71.1% for SSTK. Risk is not evenly split, since SSTK carries 2.6 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 SSTK: side by side
| QQQ (Invesco QQQ Trust) | SSTK (Shutterstock, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -71.1% |
| 5-year return | +95.4% | -94.3% |
| Volatility (ann.) | 19.6% | 50.0% |
| Beta vs S&P 500 | 1.28 | 1.21 |
| Max drawdown (3Y) | -22.8% | -88.2% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 24.91% |
| 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 | SSTK |
|---|---|---|
| 2022 | -32.6% | -51.7% |
| 2023 | +54.9% | -6.4% |
| 2024 | +25.6% | -35.1% |
| 2025 | +20.8% | -32.7% |
| 2026 | +17.7% | -69.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SSTK good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and SSTK?
The QQQ/SSTK correlation stands at 0.35 on a 3-year window (1 year: 0.34, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is SSTK a good diversifier for QQQ?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-sstk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-sstk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · SSTK correlations
