QQQ vs VZLA: Correlation
How closely do Invesco QQQ Trust (QQQ) and Vizsla Silver Corp. (VZLA) trade together? Their weekly returns over three years give a correlation of 0.28, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VZLA?
Over the past 3 years, QQQ and VZLA moved with a correlation of 0.28, which is weak. Lately the two have moved closer together, with the 1-year correlation at 0.45 versus 0.28 over 3 years. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 332.1 %².
By 3-year correlation, VZLA places #1798 of the 4755 assets tracked against QQQ. Over the last 12 months QQQ came out ahead by 8.1 percentage points (+26.3% against +18.2%). Risk is not evenly split, since VZLA carries 3.1 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 VZLA: side by side
| QQQ (Invesco QQQ Trust) | VZLA (Vizsla Silver Corp.) | |
|---|---|---|
| 1-year return | +26.3% | +18.2% |
| 5-year return | +95.4% | +82.3% |
| Volatility (ann.) | 19.6% | 60.6% |
| Beta vs S&P 500 | 1.28 | 1.23 |
| Max drawdown (3Y) | -22.8% | -56.9% |
| Market cap | – | $1.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | VZLA |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | +8.7% |
| 2024 | +25.6% | +36.8% |
| 2025 | +20.8% | +219.9% |
| 2026 | +17.7% | -23.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VZLA good diversifiers for each other?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and VZLA?
As of 2026-08-27, the correlation of weekly returns between QQQ and VZLA is 0.28 over 3 years, 0.45 over 1 year and 0.27 over 5 years.
Is VZLA a good diversifier for QQQ?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.28 mean?
A reading of 0.28 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: QQQ correlations · VZLA correlations
