QQQ vs VNCE: Correlation
How closely do Invesco QQQ Trust (QQQ) and Vince Holding Corp. (VNCE) trade together? Their weekly returns over three years give a correlation of 0.07, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VNCE?
Over the past 3 years, QQQ and VNCE moved with a correlation of 0.07, which is near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.34) runs above the 3-year figure (0.07). Over 5 years the correlation is 0.05, and the annualized covariance of weekly returns is 225.9 %².
Among the 4755 assets we track against QQQ, VNCE ranks #4078 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VNCE outperformed by 423.7 percentage points (+26.3% for QQQ against +450.0% for VNCE). Note the risk asymmetry: VNCE runs 8.5 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 VNCE: side by side
| QQQ (Invesco QQQ Trust) | VNCE (Vince Holding Corp.) | |
|---|---|---|
| 1-year return | +26.3% | +450.0% |
| 5-year return | +95.4% | +11.6% |
| Volatility (ann.) | 19.6% | 166.2% |
| Beta vs S&P 500 | 1.28 | 1.03 |
| Max drawdown (3Y) | -22.8% | -74.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 11.2 |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
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 | VNCE |
|---|---|---|
| 2022 | -32.6% | -1.8% |
| 2023 | +54.9% | -55.8% |
| 2024 | +25.6% | +5.2% |
| 2025 | +20.8% | +12.1% |
| 2026 | +17.7% | +91.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VNCE good diversifiers for each other?
Yes. With a correlation of 0.07, QQQ and VNCE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and VNCE?
As of 2026-08-27, the correlation of weekly returns between QQQ and VNCE is 0.07 over 3 years, 0.34 over 1 year and 0.05 over 5 years.
Is VNCE a good diversifier for QQQ?
Yes. With a correlation of 0.07, QQQ and VNCE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.07 mean?
A reading of 0.07 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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Hubs: QQQ correlations · VNCE correlations
