QQQ vs VRRM: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Verra Mobility Corporation (VRRM) carry a correlation of 0.06, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VRRM?
Across a 3-year window, the weekly returns of QQQ and VRRM correlate at 0.06, near zero, meaning they move largely independently. Recent behaviour matches the longer record: -0.02 over 1 year against 0.06 over 3. Stretching to 5 years gives 0.18, with an annualized covariance of 62.7 %².
Within QQQ's tracked universe of 4755 assets, VRRM comes in at #4149 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 108.9 percentage points (+26.3% for QQQ against -82.6% for VRRM). Risk is not evenly split, since VRRM carries 2.6 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 VRRM: side by side
| QQQ (Invesco QQQ Trust) | VRRM (Verra Mobility Corporation) | |
|---|---|---|
| 1-year return | +26.3% | -82.6% |
| 5-year return | +95.4% | -71.6% |
| Volatility (ann.) | 19.6% | 50.8% |
| Beta vs S&P 500 | 1.28 | 0.33 |
| Max drawdown (3Y) | -22.8% | -87.5% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | 16.3 |
| 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 | VRRM |
|---|---|---|
| 2022 | -32.6% | -10.4% |
| 2023 | +54.9% | +66.5% |
| 2024 | +25.6% | +5.0% |
| 2025 | +20.8% | -7.3% |
| 2026 | +17.7% | -80.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VRRM good diversifiers for each other?
Yes: at 0.06, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and VRRM?
As of 2026-08-27, the correlation of weekly returns between QQQ and VRRM is 0.06 over 3 years, -0.02 over 1 year and 0.18 over 5 years.
Is VRRM a good diversifier for QQQ?
Yes: at 0.06, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.06 mean?
On the −1 to +1 scale, 0.06 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-vrrm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-vrrm/)
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Related comparisons
Hubs: QQQ correlations · VRRM correlations
