QQQ vs TBBK: Correlation
Invesco QQQ Trust (QQQ) and The Bancorp, Inc. (TBBK) show a weak relationship: their 3-year correlation of weekly returns is 0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TBBK?
On 3 years of weekly data the QQQ/TBBK correlation comes out at 0.25, weak. Recent behaviour matches the longer record: 0.17 over 1 year against 0.25 over 3. The 5-year figure is 0.34, and annualized covariance runs at 204.4 %².
Among the 4755 assets we track against QQQ, TBBK ranks #2184 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 39.9 percentage points (+26.3% for QQQ against -13.6% for TBBK). Note the risk asymmetry: TBBK runs 2.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 TBBK: side by side
| QQQ (Invesco QQQ Trust) | TBBK (The Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -13.6% |
| 5-year return | +95.4% | +172.1% |
| Volatility (ann.) | 19.6% | 41.2% |
| Beta vs S&P 500 | 1.28 | 1.08 |
| Max drawdown (3Y) | -22.8% | -36.3% |
| Market cap | – | $2.7B |
| P/E (trailing) | – | 12.5 |
| Dividend yield | 0.44% | 0.00% |
| 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 | TBBK |
|---|---|---|
| 2022 | -32.6% | +12.1% |
| 2023 | +54.9% | +35.9% |
| 2024 | +25.6% | +36.5% |
| 2025 | +20.8% | +28.3% |
| 2026 | +17.7% | -1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TBBK good diversifiers for each other?
Reasonably. At 0.25, QQQ and TBBK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and TBBK?
Using weekly returns as of 2026-08-27: 0.25 over 3 years, with 0.17 over the last year and 0.34 over 5 years.
Is TBBK a good diversifier for QQQ?
Reasonably. At 0.25, QQQ and TBBK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.25 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-tbbk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-tbbk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · TBBK correlations
