QQQ vs TIPT: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Tiptree Inc. (TIPT) carry a correlation of 0.19, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TIPT?
Over the past 3 years, QQQ and TIPT moved with a correlation of 0.19, which is weak. The relationship has been stable: the 1-year correlation (0.16) sits close to the 3-year figure. Over 5 years the correlation is 0.23, and the annualized covariance of weekly returns is 122.8 %².
By 3-year correlation, TIPT places #2981 of the 4755 assets tracked against QQQ. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 47.6 percentage points (+26.3% for QQQ against -21.3% for TIPT). Note the risk asymmetry: TIPT runs 1.7 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 TIPT: side by side
| QQQ (Invesco QQQ Trust) | TIPT (Tiptree Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -21.3% |
| 5-year return | +95.4% | +95.1% |
| Volatility (ann.) | 19.6% | 33.5% |
| Beta vs S&P 500 | 1.28 | 0.71 |
| Max drawdown (3Y) | -22.8% | -37.9% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 1.30% |
| 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 | TIPT |
|---|---|---|
| 2022 | -32.6% | +1.4% |
| 2023 | +54.9% | +38.8% |
| 2024 | +25.6% | +12.8% |
| 2025 | +20.8% | -11.4% |
| 2026 | +17.7% | +1.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TIPT good diversifiers for each other?
By historical standards, yes. A correlation of 0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and TIPT?
The QQQ/TIPT correlation stands at 0.19 on a 3-year window (1 year: 0.16, 5 years: 0.23), computed from weekly returns as of 2026-08-27.
Is TIPT a good diversifier for QQQ?
By historical standards, yes. A correlation of 0.19 means the two rarely move for the same reasons.
What does a correlation of 0.19 mean?
A reading of 0.19 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-tipt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-tipt/)
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Related comparisons
Hubs: QQQ correlations · TIPT correlations
