QQQ vs VABK: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Virginia National Bankshares Corporation (VABK) carry a correlation of 0.20, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VABK?
On 3 years of weekly data the QQQ/VABK correlation comes out at 0.20, weak. The past 12 months show a tighter link (0.39) than the 3-year average (0.20). The 5-year figure is 0.17, and annualized covariance runs at 142.1 %².
Among the 4755 assets we track against QQQ, VABK ranks #2865 by 3-year correlation. The trailing year gives QQQ the advantage: +26.3% versus +16.0%, a 10.3-point spread. One caveat on sizing: VABK is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 VABK: side by side
| QQQ (Invesco QQQ Trust) | VABK (Virginia National Bankshares Corporation) | |
|---|---|---|
| 1-year return | +26.3% | +16.0% |
| 5-year return | +95.4% | +50.7% |
| Volatility (ann.) | 19.6% | 35.4% |
| Beta vs S&P 500 | 1.28 | 0.71 |
| Max drawdown (3Y) | -22.8% | -40.9% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | 10.1 |
| Dividend yield | 0.44% | 3.10% |
| 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 | VABK |
|---|---|---|
| 2022 | -32.6% | +0.3% |
| 2023 | +54.9% | -2.5% |
| 2024 | +25.6% | +15.5% |
| 2025 | +20.8% | +8.2% |
| 2026 | +17.7% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VABK good diversifiers for each other?
Reasonably. At 0.20, QQQ and VABK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and VABK?
The QQQ/VABK correlation stands at 0.20 on a 3-year window (1 year: 0.39, 5 years: 0.17), computed from weekly returns as of 2026-08-27.
Is VABK a good diversifier for QQQ?
Reasonably. At 0.20, QQQ and VABK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.20 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-vabk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-vabk/)
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Related comparisons
Hubs: QQQ correlations · VABK correlations
