QQQ vs VICI: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Vici Properties (VICI) carry a correlation of 0.10, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VICI?
Over the past 3 years, QQQ and VICI moved with a correlation of 0.10, which is weak. The relationship has been stable: the 1-year correlation (0.05) sits close to the 3-year figure. Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 36.4 %².
By 3-year correlation, VICI places #3868 of the 4755 assets tracked against QQQ. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 45.0 percentage points (+26.3% for QQQ against -18.7% for VICI). This link changes with the market regime, having swung between -0.07 and 0.50 on a rolling one-year basis.
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 VICI: side by side
| QQQ (Invesco QQQ Trust) | VICI (Vici Properties) | |
|---|---|---|
| 1-year return | +26.3% | -18.7% |
| 5-year return | +95.4% | +9.9% |
| Volatility (ann.) | 19.6% | 18.0% |
| Beta vs S&P 500 | 1.28 | 0.35 |
| Max drawdown (3Y) | -22.8% | -19.1% |
| Market cap | – | $28.4B |
| P/E (trailing) | – | 10.1 |
| Dividend yield | 0.44% | 6.92% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | Real Estate |
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 | VICI |
|---|---|---|
| 2022 | -32.6% | +13.0% |
| 2023 | +54.9% | +3.6% |
| 2024 | +25.6% | -3.1% |
| 2025 | +20.8% | +1.9% |
| 2026 | +17.7% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VICI good diversifiers for each other?
Yes: at 0.10, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and VICI?
Using weekly returns as of 2026-08-27: 0.10 over 3 years, with 0.05 over the last year and 0.33 over 5 years.
Is VICI a good diversifier for QQQ?
Yes: at 0.10, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.10 mean?
A reading of 0.10 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-vici.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-vici/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · VICI correlations
