QQQ vs TTGT: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and TechTarget, Inc. (TTGT) carry a correlation of 0.27, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TTGT?
Over the past 3 years, QQQ and TTGT moved with a correlation of 0.27, which is weak. Little has changed lately, as the 1-year reading of 0.28 lands near the 3-year figure. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 332.1 %².
Among the 4755 assets we track against QQQ, TTGT ranks #1922 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 62.0 percentage points (+26.3% for QQQ against -35.7% for TTGT). One caveat on sizing: TTGT is 3.2 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 TTGT: side by side
| QQQ (Invesco QQQ Trust) | TTGT (TechTarget, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -35.7% |
| 5-year return | +95.4% | -95.3% |
| Volatility (ann.) | 19.6% | 62.4% |
| Beta vs S&P 500 | 1.28 | 1.47 |
| Max drawdown (3Y) | -22.8% | -91.4% |
| Market cap | – | $0.3B |
| 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 |
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 | TTGT |
|---|---|---|
| 2022 | -32.6% | -53.9% |
| 2023 | +54.9% | -20.9% |
| 2024 | +25.6% | -43.1% |
| 2025 | +20.8% | -72.8% |
| 2026 | +17.7% | -27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TTGT good diversifiers for each other?
Reasonably. At 0.27, QQQ and TTGT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and TTGT?
As of 2026-08-27, the correlation of weekly returns between QQQ and TTGT is 0.27 over 3 years, 0.28 over 1 year and 0.37 over 5 years.
Is TTGT a good diversifier for QQQ?
Reasonably. At 0.27, QQQ and TTGT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.27 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
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-ttgt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-ttgt/)
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Related comparisons
Hubs: QQQ correlations · TTGT correlations
