QQQ vs TTD: Correlation
Invesco QQQ Trust (QQQ) and Trade Desk (The) (TTD) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TTD?
Over the past 3 years, QQQ and TTD moved with a correlation of 0.28, which is weak. The past 12 months show a weaker link (0.18) than the 3-year average (0.28). Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 328.8 %².
Among the 4755 assets we track against QQQ, TTD ranks #1784 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 100.8 percentage points (+26.3% for QQQ against -74.5% for TTD). This link changes with the market regime, having swung between 0.11 and 0.72 on a rolling one-year basis. Risk is not evenly split, since TTD carries 3.1 times the volatility of the other side.
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 TTD: side by side
| QQQ (Invesco QQQ Trust) | TTD (Trade Desk (The)) | |
|---|---|---|
| 1-year return | +26.3% | -74.5% |
| 5-year return | +95.4% | -83.4% |
| Volatility (ann.) | 19.6% | 60.7% |
| Beta vs S&P 500 | 1.28 | 1.23 |
| Max drawdown (3Y) | -22.8% | -90.7% |
| Market cap | – | $6.3B |
| P/E (trailing) | – | 15.4 |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | Communication Services |
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 | TTD |
|---|---|---|
| 2022 | -32.6% | -51.1% |
| 2023 | +54.9% | +60.5% |
| 2024 | +25.6% | +63.3% |
| 2025 | +20.8% | -67.7% |
| 2026 | +17.7% | -64.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TTD good diversifiers for each other?
Reasonably. At 0.28, QQQ and TTD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and TTD?
As of 2026-08-27, the correlation of weekly returns between QQQ and TTD is 0.28 over 3 years, 0.18 over 1 year and 0.41 over 5 years.
Is TTD a good diversifier for QQQ?
Reasonably. At 0.28, QQQ and TTD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.28 mean?
A reading of 0.28 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-ttd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-ttd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · TTD correlations
