QQQ vs SYF: Correlation
Invesco QQQ Trust (QQQ) and Synchrony Financial (SYF) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SYF?
Across a 3-year window, the weekly returns of QQQ and SYF correlate at 0.45, moderate. The past 12 months show a weaker link (0.31) than the 3-year average (0.45). Stretching to 5 years gives 0.48, with an annualized covariance of 276.8 %².
Among the 4755 assets we track against QQQ, SYF ranks #421 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 19.0 percentage points (+26.3% for QQQ against +7.3% for SYF). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.04 to 0.77. One caveat on sizing: SYF is 1.6 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 SYF: side by side
| QQQ (Invesco QQQ Trust) | SYF (Synchrony Financial) | |
|---|---|---|
| 1-year return | +26.3% | +7.3% |
| 5-year return | +95.4% | +81.0% |
| Volatility (ann.) | 19.6% | 31.6% |
| Beta vs S&P 500 | 1.28 | 1.28 |
| Max drawdown (3Y) | -22.8% | -37.7% |
| Market cap | – | $26.0B |
| P/E (trailing) | – | 8.2 |
| Dividend yield | 0.44% | 1.50% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | Financials |
On the fund side, QQQ sits in the Large Growth category at Invesco, with $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | SYF |
|---|---|---|
| 2022 | -32.6% | -27.4% |
| 2023 | +54.9% | +19.8% |
| 2024 | +25.6% | +74.0% |
| 2025 | +20.8% | +30.6% |
| 2026 | +17.7% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SYF good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and SYF?
As of 2026-08-27, the correlation of weekly returns between QQQ and SYF is 0.45 over 3 years, 0.31 over 1 year and 0.48 over 5 years.
Is SYF a good diversifier for QQQ?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 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-syf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-syf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · SYF correlations
