QQQ vs VFC: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and V.F. Corporation (VFC) carry a correlation of 0.24, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VFC?
On 3 years of weekly data the QQQ/VFC correlation comes out at 0.24, weak. The relationship has been stable: the 1-year correlation (0.30) sits close to the 3-year figure. The 5-year figure is 0.35, and annualized covariance runs at 254.4 %².
By 3-year correlation, VFC places #2334 of the 4755 assets tracked against QQQ. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 33.0 percentage points (+26.3% for QQQ against -6.7% for VFC). Note the risk asymmetry: VFC runs 2.8 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 VFC: side by side
| QQQ (Invesco QQQ Trust) | VFC (V.F. Corporation) | |
|---|---|---|
| 1-year return | +26.3% | -6.7% |
| 5-year return | +95.4% | -79.1% |
| Volatility (ann.) | 19.6% | 54.9% |
| Beta vs S&P 500 | 1.28 | 1.25 |
| Max drawdown (3Y) | -22.8% | -63.7% |
| Market cap | – | $5.4B |
| P/E (trailing) | – | 20.1 |
| Dividend yield | 0.44% | 12.96% |
| 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 | VFC |
|---|---|---|
| 2022 | -32.6% | -60.4% |
| 2023 | +54.9% | -28.5% |
| 2024 | +25.6% | +16.6% |
| 2025 | +20.8% | -13.8% |
| 2026 | +17.7% | -23.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VFC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.24 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and VFC?
Using weekly returns as of 2026-08-27: 0.24 over 3 years, with 0.30 over the last year and 0.35 over 5 years.
Is VFC a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.24 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.24 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-vfc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-vfc/)
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Related comparisons
Hubs: QQQ correlations · VFC correlations
