QQQ vs VNT: Correlation
Invesco QQQ Trust (QQQ) and Vontier Corporation (VNT) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VNT?
Across a 3-year window, the weekly returns of QQQ and VNT correlate at 0.41, moderate. The link has loosened recently: the 1-year correlation (0.09) runs below the 3-year figure (0.41). Stretching to 5 years gives 0.49, with an annualized covariance of 248.3 %².
By 3-year correlation, VNT places #587 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with QQQ ahead by 49.9 points (+26.3% versus -23.6%). One caveat on sizing: VNT is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 VNT: side by side
| QQQ (Invesco QQQ Trust) | VNT (Vontier Corporation) | |
|---|---|---|
| 1-year return | +26.3% | -23.6% |
| 5-year return | +95.4% | -7.6% |
| Volatility (ann.) | 19.6% | 31.1% |
| Beta vs S&P 500 | 1.28 | 1.13 |
| Max drawdown (3Y) | -22.8% | -38.4% |
| Market cap | – | $4.5B |
| P/E (trailing) | – | 14.0 |
| Dividend yield | 0.44% | 0.30% |
| 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 | VNT |
|---|---|---|
| 2022 | -32.6% | -36.8% |
| 2023 | +54.9% | +79.3% |
| 2024 | +25.6% | +5.8% |
| 2025 | +20.8% | +2.2% |
| 2026 | +17.7% | -10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VNT good diversifiers for each other?
Reasonably. At 0.41, QQQ and VNT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and VNT?
As of 2026-08-27, the correlation of weekly returns between QQQ and VNT is 0.41 over 3 years, 0.09 over 1 year and 0.49 over 5 years.
Is VNT a good diversifier for QQQ?
Reasonably. At 0.41, QQQ and VNT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-vnt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-vnt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · VNT correlations
