QQQ vs VIRC: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Virco Manufacturing Corporation (VIRC) carry a correlation of 0.25, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VIRC?
On 3 years of weekly data the QQQ/VIRC correlation comes out at 0.25, weak. Recent behaviour matches the longer record: 0.31 over 1 year against 0.25 over 3. The 5-year figure is 0.22, and annualized covariance runs at 302.9 %².
By 3-year correlation, VIRC places #2191 of the 4755 assets tracked against QQQ. The last year tells two different stories: QQQ led by 56.1 percentage points, +26.3% for QQQ against -29.8% for VIRC. Note the risk asymmetry: VIRC runs 3.1 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 VIRC: side by side
| QQQ (Invesco QQQ Trust) | VIRC (Virco Manufacturing Corporation) | |
|---|---|---|
| 1-year return | +26.3% | -29.8% |
| 5-year return | +95.4% | +64.8% |
| Volatility (ann.) | 19.6% | 60.8% |
| Beta vs S&P 500 | 1.28 | 1.09 |
| Max drawdown (3Y) | -22.8% | -69.5% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 1.65% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | VIRC |
|---|---|---|
| 2022 | -32.6% | +50.2% |
| 2023 | +54.9% | +166.6% |
| 2024 | +25.6% | -14.2% |
| 2025 | +20.8% | -36.9% |
| 2026 | +17.7% | -5.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VIRC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and VIRC?
As of 2026-08-27, the correlation of weekly returns between QQQ and VIRC is 0.25 over 3 years, 0.31 over 1 year and 0.22 over 5 years.
Is VIRC a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.25 mean?
A reading of 0.25 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-virc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-virc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · VIRC correlations
