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QQQ vs VMAR: Correlation

How closely do Invesco QQQ Trust (QQQ) and Vision Marine Technologies Inc. (VMAR) trade together? Their weekly returns over three years give a correlation of 0.17, which is weak.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.17
weak
Correlation (1Y)
0.32
last 12 months
Correlation (5Y)
0.15
long-run
Ann. covariance
365.9
%² · weekly, annualized

How correlated are QQQ and VMAR?

On 3 years of weekly data the QQQ/VMAR correlation comes out at 0.17, weak. The link has tightened recently: the 1-year correlation (0.32) runs above the 3-year figure (0.17). The 5-year figure is 0.15, and annualized covariance runs at 365.9 %².

Within QQQ's tracked universe of 4755 assets, VMAR comes in at #3216 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 126.2 percentage points (+26.3% for QQQ against -99.9% for VMAR). Risk is not evenly split, since VMAR 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 VMAR: side by side

QQQ (Invesco QQQ Trust)VMAR (Vision Marine Technologies Inc.)
1-year return+26.3%-99.9%
5-year return+95.4%-100.0%
Volatility (ann.)19.6%110.6%
Beta vs S&P 5001.281.13
Max drawdown (3Y)-22.8%-100.0%
Market cap
P/E (trailing)
Dividend yield0.44%0.00%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryETF · US Growth & TechUS Listed
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -100.0%Higher 5y return: QQQ +95.4% vs -100.0%

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.

-100%0%+29%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). QQQ · VMAR

Year-by-year returns

YearQQQVMAR
2022-32.6%-4.8%
2023+54.9%-76.4%
2024+25.6%-98.9%
2025+20.8%-98.7%
2026+17.7%-99.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are QQQ and VMAR good diversifiers for each other?

By historical standards, yes. A correlation of 0.17 means the two rarely move for the same reasons.

FAQ

What is the correlation between QQQ and VMAR?

As of 2026-08-27, the correlation of weekly returns between QQQ and VMAR is 0.17 over 3 years, 0.32 over 1 year and 0.15 over 5 years.

Is VMAR a good diversifier for QQQ?

By historical standards, yes. A correlation of 0.17 means the two rarely move for the same reasons.

What does a correlation of 0.17 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

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QQQ vs VMAR: 3-year weekly correlation 0.17QQQ vs VMAR0.17

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Related comparisons

Hubs: QQQ correlations · VMAR correlations