QQQ vs TAYD: Correlation
Invesco QQQ Trust (QQQ) and Taylor Devices, Inc. (TAYD) show a near-zero relationship: their 3-year correlation of weekly returns is 0.08.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TAYD?
Across a 3-year window, the weekly returns of QQQ and TAYD correlate at 0.08, near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.23) than the 3-year average (0.08). Stretching to 5 years gives 0.12, with an annualized covariance of 82.8 %².
Within QQQ's tracked universe of 4755 assets, TAYD comes in at #4010 by 3-year correlation. Their 12-month results are close: +26.3% for QQQ against +26.6% for TAYD. Risk is not evenly split, since TAYD carries 2.8 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 TAYD: side by side
| QQQ (Invesco QQQ Trust) | TAYD (Taylor Devices, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +26.6% |
| 5-year return | +95.4% | +405.0% |
| Volatility (ann.) | 19.6% | 55.2% |
| Beta vs S&P 500 | 1.28 | 0.59 |
| Max drawdown (3Y) | -22.8% | -52.7% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 23.2 |
| 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 | TAYD |
|---|---|---|
| 2022 | -32.6% | +29.9% |
| 2023 | +54.9% | +56.0% |
| 2024 | +25.6% | +88.1% |
| 2025 | +20.8% | +40.5% |
| 2026 | +17.7% | +4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TAYD good diversifiers for each other?
Yes: at 0.08, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and TAYD?
The QQQ/TAYD correlation stands at 0.08 on a 3-year window (1 year: -0.23, 5 years: 0.12), computed from weekly returns as of 2026-08-27.
Is TAYD a good diversifier for QQQ?
Yes: at 0.08, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.08 mean?
A reading of 0.08 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 · TAYD correlations
