QQQ vs USFD: Correlation
Invesco QQQ Trust (QQQ) and US Foods Holding Corp. (USFD) show a weak relationship: their 3-year correlation of weekly returns is 0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and USFD?
Across a 3-year window, the weekly returns of QQQ and USFD correlate at 0.24, weak. Lately the two have drifted apart, with the 1-year correlation at -0.02 versus 0.24 over 3 years. Stretching to 5 years gives 0.42, with an annualized covariance of 128.0 %².
By 3-year correlation, USFD places #2332 of the 4755 assets tracked against QQQ. Over the last 12 months USFD came out ahead by 12.5 percentage points (+26.3% against +38.8%).
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 USFD: side by side
| QQQ (Invesco QQQ Trust) | USFD (US Foods Holding Corp.) | |
|---|---|---|
| 1-year return | +26.3% | +38.8% |
| 5-year return | +95.4% | +223.0% |
| Volatility (ann.) | 19.6% | 27.4% |
| Beta vs S&P 500 | 1.28 | 0.64 |
| Max drawdown (3Y) | -22.8% | -21.1% |
| Market cap | – | $23.3B |
| P/E (trailing) | – | 33.4 |
| 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 | USFD |
|---|---|---|
| 2022 | -32.6% | -2.3% |
| 2023 | +54.9% | +33.5% |
| 2024 | +25.6% | +48.6% |
| 2025 | +20.8% | +11.7% |
| 2026 | +17.7% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and USFD good diversifiers for each other?
Reasonably. At 0.24, QQQ and USFD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and USFD?
The QQQ/USFD correlation stands at 0.24 on a 3-year window (1 year: -0.02, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is USFD a good diversifier for QQQ?
Reasonably. At 0.24, QQQ and USFD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 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-usfd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-usfd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · USFD correlations
