QQQ vs VERX: Correlation
Invesco QQQ Trust (QQQ) and Vertex, Inc. (VERX) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VERX?
Across a 3-year window, the weekly returns of QQQ and VERX correlate at 0.28, weak. Little has changed lately, as the 1-year reading of 0.27 lands near the 3-year figure. Stretching to 5 years gives 0.35, with an annualized covariance of 296.3 %².
By 3-year correlation, VERX places #1789 of the 4755 assets tracked against QQQ. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 69.7 percentage points (+26.3% for QQQ against -43.4% for VERX). One caveat on sizing: VERX is 2.7 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 VERX: side by side
| QQQ (Invesco QQQ Trust) | VERX (Vertex, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -43.4% |
| 5-year return | +95.4% | -33.8% |
| Volatility (ann.) | 19.6% | 53.5% |
| Beta vs S&P 500 | 1.28 | 0.99 |
| Max drawdown (3Y) | -22.8% | -82.1% |
| Market cap | – | $2.3B |
| P/E (trailing) | – | 715.0 |
| 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 | VERX |
|---|---|---|
| 2022 | -32.6% | -8.6% |
| 2023 | +54.9% | +85.7% |
| 2024 | +25.6% | +98.0% |
| 2025 | +20.8% | -62.6% |
| 2026 | +17.7% | -28.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VERX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and VERX?
As of 2026-08-27, the correlation of weekly returns between QQQ and VERX is 0.28 over 3 years, 0.27 over 1 year and 0.35 over 5 years.
Is VERX a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 mean?
A reading of 0.28 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-verx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-verx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · VERX correlations
