QQQ vs SYY: Correlation
How closely do Invesco QQQ Trust (QQQ) and Sysco (SYY) trade together? Their weekly returns over three years give a correlation of -0.01, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SYY?
Over the past 3 years, QQQ and SYY moved with a correlation of -0.01, which is near zero, meaning they move largely independently. The link has loosened recently: the 1-year correlation (-0.14) runs below the 3-year figure (-0.01). Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is -5.4 %².
Among the 4755 assets we track against QQQ, SYY ranks #4532 by 3-year correlation. The last year tells two different stories: QQQ led by 20.7 percentage points, +26.3% for QQQ against +5.6% for SYY. This link changes with the market regime, having swung between -0.23 and 0.54 on a rolling one-year basis.
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 SYY: side by side
| QQQ (Invesco QQQ Trust) | SYY (Sysco) | |
|---|---|---|
| 1-year return | +26.3% | +5.6% |
| 5-year return | +95.4% | +19.2% |
| Volatility (ann.) | 19.6% | 20.3% |
| Beta vs S&P 500 | 1.28 | 0.14 |
| Max drawdown (3Y) | -22.8% | -24.0% |
| Market cap | – | $39.5B |
| P/E (trailing) | – | 22.5 |
| Dividend yield | 0.44% | 2.61% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | Consumer Staples |
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 | SYY |
|---|---|---|
| 2022 | -32.6% | -0.3% |
| 2023 | +54.9% | -1.7% |
| 2024 | +25.6% | +7.4% |
| 2025 | +20.8% | -1.0% |
| 2026 | +17.7% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SYY good diversifiers for each other?
Yes. With a correlation of -0.01, QQQ and SYY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and SYY?
As of 2026-08-27, the correlation of weekly returns between QQQ and SYY is -0.01 over 3 years, -0.14 over 1 year and 0.25 over 5 years.
Is SYY a good diversifier for QQQ?
Yes. With a correlation of -0.01, QQQ and SYY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.01 mean?
A reading of -0.01 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
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Related comparisons
Hubs: QQQ correlations · SYY correlations
