QQQ vs VZ: Correlation
Invesco QQQ Trust (QQQ) and Verizon (VZ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.01.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VZ?
On 3 years of weekly data the QQQ/VZ correlation comes out at 0.01, near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.13) than the 3-year average (0.01). The 5-year figure is 0.08, and annualized covariance runs at 3.1 %².
By 3-year correlation, VZ places #4451 of the 4755 assets tracked against QQQ. Over the last 12 months QQQ came out ahead by 7.0 percentage points (+26.3% against +19.3%). Across three years, the rolling one-year figure varied moderately, from -0.12 to 0.35.
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 VZ: side by side
| QQQ (Invesco QQQ Trust) | VZ (Verizon) | |
|---|---|---|
| 1-year return | +26.3% | +19.3% |
| 5-year return | +95.4% | +23.8% |
| Volatility (ann.) | 19.6% | 22.9% |
| Beta vs S&P 500 | 1.28 | 0.15 |
| Max drawdown (3Y) | -22.8% | -17.0% |
| Market cap | – | $205.4B |
| P/E (trailing) | – | 12.9 |
| Dividend yield | 0.44% | 5.57% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | Communication Services |
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 | VZ |
|---|---|---|
| 2022 | -32.6% | -20.0% |
| 2023 | +54.9% | +2.7% |
| 2024 | +25.6% | +13.1% |
| 2025 | +20.8% | +8.9% |
| 2026 | +17.7% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VZ good diversifiers for each other?
Yes. With a correlation of 0.01, QQQ and VZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and VZ?
As of 2026-08-27, the correlation of weekly returns between QQQ and VZ is 0.01 over 3 years, -0.13 over 1 year and 0.08 over 5 years.
Is VZ a good diversifier for QQQ?
Yes. With a correlation of 0.01, QQQ and VZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.01 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
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-vz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-vz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · VZ correlations
