QQQ vs TREE: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and LendingTree, Inc. (TREE) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TREE?
On 3 years of weekly data the QQQ/TREE correlation comes out at 0.33, moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. The 5-year figure is 0.44, and annualized covariance runs at 491.9 %².
Among the 4755 assets we track against QQQ, TREE ranks #1237 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 84.5 points (+26.3% versus -58.2%). One caveat on sizing: TREE is 3.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 TREE: side by side
| QQQ (Invesco QQQ Trust) | TREE (LendingTree, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -58.2% |
| 5-year return | +95.4% | -83.0% |
| Volatility (ann.) | 19.6% | 76.1% |
| Beta vs S&P 500 | 1.28 | 1.99 |
| Max drawdown (3Y) | -22.8% | -63.0% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 2.3 |
| 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 | TREE |
|---|---|---|
| 2022 | -32.6% | -82.6% |
| 2023 | +54.9% | +42.1% |
| 2024 | +25.6% | +27.8% |
| 2025 | +20.8% | +37.0% |
| 2026 | +17.7% | -46.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TREE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and TREE?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.37 over the last year and 0.44 over 5 years.
Is TREE a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-tree.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-tree/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · TREE correlations
