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QQQ vs VERU: Correlation

Invesco QQQ Trust (QQQ) and Veru Inc. (VERU) 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

Correlation (3Y)
0.04
near-zero
Correlation (1Y)
0.09
last 12 months
Correlation (5Y)
-0.01
long-run
Ann. covariance
83.0
%² · weekly, annualized

How correlated are QQQ and VERU?

Over the past 3 years, QQQ and VERU moved with a correlation of 0.04, which is near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of 0.09 lands near the 3-year figure. Over 5 years the correlation is -0.01, and the annualized covariance of weekly returns is 83.0 %².

Among the 4755 assets we track against QQQ, VERU ranks #4280 by 3-year correlation. The last year tells two different stories: QQQ led by 43.0 percentage points, +26.3% for QQQ against -16.7% for VERU. One caveat on sizing: VERU is 4.8 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 VERU: side by side

QQQ (Invesco QQQ Trust)VERU (Veru Inc.)
1-year return+26.3%-16.7%
5-year return+95.4%-96.9%
Volatility (ann.)19.6%94.7%
Beta vs S&P 5001.280.37
Max drawdown (3Y)-22.8%-88.3%
Market cap
P/E (trailing)
Dividend yield0.44%0.00%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryETF · US Growth & TechUS Listed
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -88.3%Higher 5y return: QQQ +95.4% vs -96.9%

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.

-38%0%+29%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. QQQ · VERU

Year-by-year returns

YearQQQVERU
2022-32.6%-10.4%
2023+54.9%-86.4%
2024+25.6%-9.7%
2025+20.8%-67.1%
2026+17.7%+28.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are QQQ and VERU good diversifiers for each other?

Yes. With a correlation of 0.04, QQQ and VERU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between QQQ and VERU?

As of 2026-08-27, the correlation of weekly returns between QQQ and VERU is 0.04 over 3 years, 0.09 over 1 year and -0.01 over 5 years.

Is VERU a good diversifier for QQQ?

Yes. With a correlation of 0.04, QQQ and VERU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of 0.04 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.

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QQQ vs VERU: 3-year weekly correlation 0.04QQQ vs VERU0.04

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Hubs: QQQ correlations · VERU correlations