QQQ vs TTEC: Correlation
Invesco QQQ Trust (QQQ) and TTEC Holdings, Inc. (TTEC) show a weak relationship: their 3-year correlation of weekly returns is 0.14.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TTEC?
On 3 years of weekly data the QQQ/TTEC correlation comes out at 0.14, weak. The past 12 months show a tighter link (0.37) than the 3-year average (0.14). The 5-year figure is 0.22, and annualized covariance runs at 223.9 %².
Among the 4755 assets we track against QQQ, TTEC ranks #3489 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 88.7 points (+26.3% versus -62.4%). Note the risk asymmetry: TTEC runs 4.3 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 TTEC: side by side
| QQQ (Invesco QQQ Trust) | TTEC (TTEC Holdings, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -62.4% |
| 5-year return | +95.4% | -98.6% |
| Volatility (ann.) | 19.6% | 83.7% |
| Beta vs S&P 500 | 1.28 | 1.01 |
| Max drawdown (3Y) | -22.8% | -95.4% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| 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 | TTEC |
|---|---|---|
| 2022 | -32.6% | -50.4% |
| 2023 | +54.9% | -49.1% |
| 2024 | +25.6% | -76.8% |
| 2025 | +20.8% | -27.9% |
| 2026 | +17.7% | -61.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TTEC good diversifiers for each other?
Yes. With a correlation of 0.14, QQQ and TTEC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and TTEC?
Using weekly returns as of 2026-08-27: 0.14 over 3 years, with 0.37 over the last year and 0.22 over 5 years.
Is TTEC a good diversifier for QQQ?
Yes. With a correlation of 0.14, QQQ and TTEC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.14 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: QQQ correlations · TTEC correlations
