QQQ vs TSCO: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Tractor Supply (TSCO) carry a correlation of 0.26, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TSCO?
Across a 3-year window, the weekly returns of QQQ and TSCO correlate at 0.26, weak. The past 12 months show a weaker link (0.09) than the 3-year average (0.26). Stretching to 5 years gives 0.32, with an annualized covariance of 142.9 %².
Within QQQ's tracked universe of 4755 assets, TSCO comes in at #2046 by 3-year correlation. The last year tells two different stories: QQQ led by 69.3 percentage points, +26.3% for QQQ against -43.0% for TSCO. The rolling one-year correlation moved between 0.02 and 0.44 over the past three years, a moderate range.
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 TSCO: side by side
| QQQ (Invesco QQQ Trust) | TSCO (Tractor Supply) | |
|---|---|---|
| 1-year return | +26.3% | -43.0% |
| 5-year return | +95.4% | -1.7% |
| Volatility (ann.) | 19.6% | 28.5% |
| Beta vs S&P 500 | 1.28 | 0.67 |
| Max drawdown (3Y) | -22.8% | -52.7% |
| Market cap | – | $18.1B |
| P/E (trailing) | – | 18.3 |
| Dividend yield | 0.44% | 2.68% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | Consumer Discretionary |
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 | TSCO |
|---|---|---|
| 2022 | -32.6% | -4.0% |
| 2023 | +54.9% | -2.6% |
| 2024 | +25.6% | +25.4% |
| 2025 | +20.8% | -4.2% |
| 2026 | +17.7% | -29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TSCO good diversifiers for each other?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and TSCO?
As of 2026-08-27, the correlation of weekly returns between QQQ and TSCO is 0.26 over 3 years, 0.09 over 1 year and 0.32 over 5 years.
Is TSCO a good diversifier for QQQ?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.26 mean?
On the −1 to +1 scale, 0.26 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-tsco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-tsco/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · TSCO correlations
