QQQ vs UMH: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and UMH Properties, Inc. (UMH) carry a correlation of 0.21, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and UMH?
Over the past 3 years, QQQ and UMH moved with a correlation of 0.21, which is weak. The link has loosened recently: the 1-year correlation (0.01) runs below the 3-year figure (0.21). Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 86.0 %².
Within QQQ's tracked universe of 4755 assets, UMH comes in at #2742 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 15.3 percentage points (+26.3% for QQQ against +11.0% for UMH).
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 UMH: side by side
| QQQ (Invesco QQQ Trust) | UMH (UMH Properties, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +11.0% |
| 5-year return | +95.4% | -11.7% |
| Volatility (ann.) | 19.6% | 20.7% |
| Beta vs S&P 500 | 1.28 | 0.45 |
| Max drawdown (3Y) | -22.8% | -27.3% |
| Market cap | – | $1.4B |
| P/E (trailing) | – | 137.5 |
| Dividend yield | 0.44% | 5.40% |
| 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 | UMH |
|---|---|---|
| 2022 | -32.6% | -38.7% |
| 2023 | +54.9% | +0.2% |
| 2024 | +25.6% | +29.6% |
| 2025 | +20.8% | -11.0% |
| 2026 | +17.7% | +8.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and UMH good diversifiers for each other?
Reasonably. At 0.21, QQQ and UMH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and UMH?
The QQQ/UMH correlation stands at 0.21 on a 3-year window (1 year: 0.01, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is UMH a good diversifier for QQQ?
Reasonably. At 0.21, QQQ and UMH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.21 mean?
On the −1 to +1 scale, 0.21 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-umh.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: QQQ correlations · UMH correlations
