QQQ vs VSH: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Vishay Intertechnology, Inc. (VSH) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VSH?
Across a 3-year window, the weekly returns of QQQ and VSH correlate at 0.52, moderate. Recent behaviour matches the longer record: 0.57 over 1 year against 0.52 over 3. Stretching to 5 years gives 0.52, with an annualized covariance of 526.5 %².
By 3-year correlation, VSH places #242 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with VSH ahead by 82.3 points (+26.3% versus +108.6%). Note the risk asymmetry: VSH runs 2.6 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 VSH: side by side
| QQQ (Invesco QQQ Trust) | VSH (Vishay Intertechnology, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +108.6% |
| 5-year return | +95.4% | +55.5% |
| Volatility (ann.) | 19.6% | 51.7% |
| Beta vs S&P 500 | 1.28 | 1.86 |
| Max drawdown (3Y) | -22.8% | -60.4% |
| Market cap | – | $4.9B |
| P/E (trailing) | – | 151.1 |
| Dividend yield | 0.44% | 1.30% |
| 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 | VSH |
|---|---|---|
| 2022 | -32.6% | +0.7% |
| 2023 | +54.9% | +13.0% |
| 2024 | +25.6% | -27.9% |
| 2025 | +20.8% | -12.2% |
| 2026 | +17.7% | +120.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VSH good diversifiers for each other?
Only partially. A correlation of 0.52 means QQQ and VSH share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between QQQ and VSH?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.57 over the last year and 0.52 over 5 years.
Is VSH a good diversifier for QQQ?
Only partially. A correlation of 0.52 means QQQ and VSH share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 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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Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: QQQ correlations · VSH correlations
