QQQ vs STBA: Correlation
How closely do Invesco QQQ Trust (QQQ) and S&T Bancorp, Inc. (STBA) trade together? Their weekly returns over three years give a correlation of 0.20, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and STBA?
On 3 years of weekly data the QQQ/STBA correlation comes out at 0.20, weak. The link has loosened recently: the 1-year correlation (-0.11) runs below the 3-year figure (0.20). The 5-year figure is 0.24, and annualized covariance runs at 111.8 %².
Among the 4755 assets we track against QQQ, STBA ranks #2859 by 3-year correlation. Twelve-month performance is nearly a tie, at +26.3% for QQQ and +29.0% for STBA.
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 STBA: side by side
| QQQ (Invesco QQQ Trust) | STBA (S&T Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +29.0% |
| 5-year return | +95.4% | +102.2% |
| Volatility (ann.) | 19.6% | 28.7% |
| Beta vs S&P 500 | 1.28 | 0.68 |
| Max drawdown (3Y) | -22.8% | -26.1% |
| Market cap | – | $1.8B |
| P/E (trailing) | – | 13.3 |
| Dividend yield | 0.44% | 1.44% |
| 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 | STBA |
|---|---|---|
| 2022 | -32.6% | +12.6% |
| 2023 | +54.9% | +2.1% |
| 2024 | +25.6% | +18.7% |
| 2025 | +20.8% | +6.7% |
| 2026 | +17.7% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and STBA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.20 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and STBA?
As of 2026-08-27, the correlation of weekly returns between QQQ and STBA is 0.20 over 3 years, -0.11 over 1 year and 0.24 over 5 years.
Is STBA a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.20 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.20 mean?
On the −1 to +1 scale, 0.20 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-stba.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-stba/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · STBA correlations
