QQQ vs UUU: Correlation
Invesco QQQ Trust (QQQ) and Universal Safety Products, Inc. (UUU) show a near-zero relationship: their 3-year correlation of weekly returns is -0.04.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and UUU?
On 3 years of weekly data the QQQ/UUU correlation comes out at -0.04, near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of -0.00 lands near the 3-year figure. The 5-year figure is 0.05, and annualized covariance runs at -94.3 %².
By 3-year correlation, UUU places #4614 of the 4755 assets tracked against QQQ. The last year tells two different stories: UUU led by 57.8 percentage points, +26.3% for QQQ against +84.1% for UUU. Note the risk asymmetry: UUU runs 6.3 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 UUU: side by side
| QQQ (Invesco QQQ Trust) | UUU (Universal Safety Products, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +84.1% |
| 5-year return | +95.4% | +5.9% |
| Volatility (ann.) | 19.6% | 122.8% |
| Beta vs S&P 500 | 1.28 | -0.54 |
| Max drawdown (3Y) | -22.8% | -77.3% |
| Market cap | – | – |
| 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 | UUU |
|---|---|---|
| 2022 | -32.6% | -40.3% |
| 2023 | +54.9% | -18.2% |
| 2024 | +25.6% | +42.8% |
| 2025 | +20.8% | +158.6% |
| 2026 | +17.7% | +2.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and UUU good diversifiers for each other?
By historical standards, yes. A correlation of -0.04 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and UUU?
Using weekly returns as of 2026-08-27: -0.04 over 3 years, with -0.00 over the last year and 0.05 over 5 years.
Is UUU a good diversifier for QQQ?
By historical standards, yes. A correlation of -0.04 means the two rarely move for the same reasons.
What does a correlation of -0.04 mean?
A reading of -0.04 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-uuu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-uuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · UUU correlations
