QQQ vs VBNK: Correlation
How closely do Invesco QQQ Trust (QQQ) and VersaBank (VBNK) trade together? Their weekly returns over three years give a correlation of 0.23, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VBNK?
On 3 years of weekly data the QQQ/VBNK correlation comes out at 0.23, weak. The relationship has been stable: the 1-year correlation (0.19) sits close to the 3-year figure. The 5-year figure is 0.23, and annualized covariance runs at 180.3 %².
Within QQQ's tracked universe of 4755 assets, VBNK comes in at #2453 by 3-year correlation. The last year tells two different stories: VBNK led by 56.8 percentage points, +26.3% for QQQ against +83.1% for VBNK. One caveat on sizing: VBNK is 2.1 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 VBNK: side by side
| QQQ (Invesco QQQ Trust) | VBNK (VersaBank) | |
|---|---|---|
| 1-year return | +26.3% | +83.1% |
| 5-year return | +95.4% | +102.0% |
| Volatility (ann.) | 19.6% | 40.6% |
| Beta vs S&P 500 | 1.28 | 0.80 |
| Max drawdown (3Y) | -22.8% | -50.5% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | 30.1 |
| Dividend yield | 0.44% | 0.50% |
| 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 | VBNK |
|---|---|---|
| 2022 | -32.6% | -36.2% |
| 2023 | +54.9% | +47.0% |
| 2024 | +25.6% | +27.3% |
| 2025 | +20.8% | +8.8% |
| 2026 | +17.7% | +37.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VBNK good diversifiers for each other?
A fair diversifier. At 0.23, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and VBNK?
Using weekly returns as of 2026-08-27: 0.23 over 3 years, with 0.19 over the last year and 0.23 over 5 years.
Is VBNK a good diversifier for QQQ?
A fair diversifier. At 0.23, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.23 mean?
On the −1 to +1 scale, 0.23 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-vbnk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-vbnk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · VBNK correlations
