QQQ vs VIP: Correlation
Invesco QQQ Trust (QQQ) and Vulcan Infrastructure and Power Inc. (VIP) show a weak relationship: their 3-year correlation of weekly returns is 0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VIP?
On 3 years of weekly data the QQQ/VIP correlation comes out at 0.24, weak. Little has changed lately, as the 1-year reading of 0.16 lands near the 3-year figure. The 5-year figure is 0.32, and annualized covariance runs at 528.0 %².
By 3-year correlation, VIP places #2335 of the 4755 assets tracked against QQQ. The trailing year gives VIP the advantage: +26.3% versus +36.6%, a 10.3-point spread. Risk is not evenly split, since VIP carries 5.6 times the volatility of the other side.
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 VIP: side by side
| QQQ (Invesco QQQ Trust) | VIP (Vulcan Infrastructure and Power Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +36.6% |
| 5-year return | +95.4% | -99.9% |
| Volatility (ann.) | 19.6% | 110.7% |
| Beta vs S&P 500 | 1.28 | 1.74 |
| Max drawdown (3Y) | -22.8% | -92.8% |
| Market cap | – | – |
| P/E (trailing) | – | 14.9 |
| 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 | VIP |
|---|---|---|
| 2022 | -32.6% | -98.2% |
| 2023 | +54.9% | +131.4% |
| 2024 | +25.6% | -76.9% |
| 2025 | +20.8% | -4.5% |
| 2026 | +17.7% | +20.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VIP good diversifiers for each other?
Reasonably. At 0.24, QQQ and VIP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and VIP?
The QQQ/VIP correlation stands at 0.24 on a 3-year window (1 year: 0.16, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is VIP a good diversifier for QQQ?
Reasonably. At 0.24, QQQ and VIP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 mean?
A reading of 0.24 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: QQQ correlations · VIP correlations
