QQQ vs TBLA: Correlation
How closely do Invesco QQQ Trust (QQQ) and Taboola.com Ltd. (TBLA) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TBLA?
Over the past 3 years, QQQ and TBLA moved with a correlation of 0.39, which is moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.39 over 3. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 356.9 %².
By 3-year correlation, TBLA places #723 of the 4755 assets tracked against QQQ. The trailing year gives QQQ the advantage: +26.3% versus +11.5%, a 14.8-point spread. Note the risk asymmetry: TBLA runs 2.4 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 TBLA: side by side
| QQQ (Invesco QQQ Trust) | TBLA (Taboola.com Ltd.) | |
|---|---|---|
| 1-year return | +26.3% | +11.5% |
| 5-year return | +95.4% | -57.5% |
| Volatility (ann.) | 19.6% | 47.2% |
| Beta vs S&P 500 | 1.28 | 1.17 |
| Max drawdown (3Y) | -22.8% | -47.8% |
| Market cap | – | $1.0B |
| P/E (trailing) | – | 9.7 |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
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 | TBLA |
|---|---|---|
| 2022 | -32.6% | -60.4% |
| 2023 | +54.9% | +40.6% |
| 2024 | +25.6% | -15.7% |
| 2025 | +20.8% | +26.3% |
| 2026 | +17.7% | -18.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TBLA good diversifiers for each other?
Reasonably. At 0.39, QQQ and TBLA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and TBLA?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.40 over the last year and 0.46 over 5 years.
Is TBLA a good diversifier for QQQ?
Reasonably. At 0.39, QQQ and TBLA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 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-tbla.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-tbla/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · TBLA correlations
