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QQQ vs VRA: Correlation

Invesco QQQ Trust (QQQ) and Vera Bradley, Inc. (VRA) show a weak relationship: their 3-year correlation of weekly returns is 0.22.

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

Correlation (3Y)
0.22
weak
Correlation (1Y)
0.22
last 12 months
Correlation (5Y)
0.31
long-run
Ann. covariance
262.1
%² · weekly, annualized

How correlated are QQQ and VRA?

Across a 3-year window, the weekly returns of QQQ and VRA correlate at 0.22, weak. The relationship has been stable: the 1-year correlation (0.22) sits close to the 3-year figure. Stretching to 5 years gives 0.31, with an annualized covariance of 262.1 %².

By 3-year correlation, VRA places #2611 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with VRA ahead by 35.1 points (+26.3% versus +61.4%). Note the risk asymmetry: VRA 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 VRA: side by side

QQQ (Invesco QQQ Trust)VRA (Vera Bradley, Inc.)
1-year return+26.3%+61.4%
5-year return+95.4%-71.6%
Volatility (ann.)19.6%61.5%
Beta vs S&P 5001.281.11
Max drawdown (3Y)-22.8%-78.8%
Market cap$0.1B
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 -78.8%Higher 5y return: QQQ +95.4% vs -71.6%

QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.

-10%0%+91%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). QQQ · VRA

Year-by-year returns

YearQQQVRA
2022-32.6%-46.8%
2023+54.9%+70.0%
2024+25.6%-49.0%
2025+20.8%-38.4%
2026+17.7%+38.0%

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

Are QQQ and VRA good diversifiers for each other?

A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between QQQ and VRA?

As of 2026-08-27, the correlation of weekly returns between QQQ and VRA is 0.22 over 3 years, 0.22 over 1 year and 0.31 over 5 years.

Is VRA a good diversifier for QQQ?

A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.22 mean?

On the −1 to +1 scale, 0.22 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.

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QQQ vs VRA: 3-year weekly correlation 0.22QQQ vs VRA0.22

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Hubs: QQQ correlations · VRA correlations