QQQ vs USCB: Correlation
Invesco QQQ Trust (QQQ) and USCB Financial Holdings, Inc. (USCB) show a weak relationship: their 3-year correlation of weekly returns is 0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and USCB?
Over the past 3 years, QQQ and USCB moved with a correlation of 0.21, which is weak. Lately the two have drifted apart, with the 1-year correlation at -0.09 versus 0.21 over 3 years. Over 5 years the correlation is 0.18, and the annualized covariance of weekly returns is 141.7 %².
Within QQQ's tracked universe of 4755 assets, USCB comes in at #2744 by 3-year correlation. Over the last 12 months USCB came out ahead by 5.4 percentage points (+26.3% against +31.7%). Note the risk asymmetry: USCB runs 1.7 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 USCB: side by side
| QQQ (Invesco QQQ Trust) | USCB (USCB Financial Holdings, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +31.7% |
| 5-year return | +95.4% | +84.4% |
| Volatility (ann.) | 19.6% | 33.8% |
| Beta vs S&P 500 | 1.28 | 0.84 |
| Max drawdown (3Y) | -22.8% | -23.2% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 14.3 |
| 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 | USCB |
|---|---|---|
| 2022 | -32.6% | -12.9% |
| 2023 | +54.9% | +0.4% |
| 2024 | +25.6% | +47.0% |
| 2025 | +20.8% | +6.1% |
| 2026 | +17.7% | +23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and USCB good diversifiers for each other?
A fair diversifier. At 0.21, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and USCB?
As of 2026-08-27, the correlation of weekly returns between QQQ and USCB is 0.21 over 3 years, -0.09 over 1 year and 0.18 over 5 years.
Is USCB a good diversifier for QQQ?
A fair diversifier. At 0.21, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.21 mean?
A reading of 0.21 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-uscb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-uscb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · USCB correlations
