QQQ vs VITL: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Vital Farms, Inc. (VITL) carry a correlation of 0.07, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VITL?
Over the past 3 years, QQQ and VITL moved with a correlation of 0.07, which is near zero, meaning they move largely independently. The link has loosened recently: the 1-year correlation (-0.17) runs below the 3-year figure (0.07). Over 5 years the correlation is 0.17, and the annualized covariance of weekly returns is 82.7 %².
By 3-year correlation, VITL places #4077 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with QQQ ahead by 106.4 points (+26.3% versus -80.1%). Risk is not evenly split, since VITL carries 2.9 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 VITL: side by side
| QQQ (Invesco QQQ Trust) | VITL (Vital Farms, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -80.1% |
| 5-year return | +95.4% | -39.5% |
| Volatility (ann.) | 19.6% | 57.5% |
| Beta vs S&P 500 | 1.28 | 0.55 |
| Max drawdown (3Y) | -22.8% | -84.2% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | – |
| 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 | VITL |
|---|---|---|
| 2022 | -32.6% | -17.4% |
| 2023 | +54.9% | +5.2% |
| 2024 | +25.6% | +140.2% |
| 2025 | +20.8% | -15.3% |
| 2026 | +17.7% | -67.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VITL good diversifiers for each other?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and VITL?
The QQQ/VITL correlation stands at 0.07 on a 3-year window (1 year: -0.17, 5 years: 0.17), computed from weekly returns as of 2026-08-27.
Is VITL a good diversifier for QQQ?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.07 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.
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Related comparisons
Hubs: QQQ correlations · VITL correlations
