QQQ vs UBS: Correlation
Invesco QQQ Trust (QQQ) and UBS Group AG Registered (UBS) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and UBS?
Across a 3-year window, the weekly returns of QQQ and UBS correlate at 0.57, moderate. Recent behaviour matches the longer record: 0.54 over 1 year against 0.57 over 3. Stretching to 5 years gives 0.54, with an annualized covariance of 309.5 %².
By 3-year correlation, UBS places #171 of the 4755 assets tracked against QQQ. The trailing year gives UBS the advantage: +26.3% versus +38.9%, a 12.6-point spread.
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 UBS: side by side
| QQQ (Invesco QQQ Trust) | UBS (UBS Group AG Registered) | |
|---|---|---|
| 1-year return | +26.3% | +38.9% |
| 5-year return | +95.4% | +273.9% |
| Volatility (ann.) | 19.6% | 27.9% |
| Beta vs S&P 500 | 1.28 | 1.28 |
| Max drawdown (3Y) | -22.8% | -27.0% |
| Market cap | – | $166.4B |
| P/E (trailing) | – | 18.6 |
| Dividend yield | 0.44% | 2.02% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | UBS |
|---|---|---|
| 2022 | -32.6% | +7.4% |
| 2023 | +54.9% | +69.9% |
| 2024 | +25.6% | +0.7% |
| 2025 | +20.8% | +57.7% |
| 2026 | +17.7% | +20.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and UBS good diversifiers for each other?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between QQQ and UBS?
As of 2026-08-27, the correlation of weekly returns between QQQ and UBS is 0.57 over 3 years, 0.54 over 1 year and 0.54 over 5 years.
Is UBS a good diversifier for QQQ?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 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-ubs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-ubs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · UBS correlations
