QQQ vs WDFC: Correlation
How closely do Invesco QQQ Trust (QQQ) and WD-40 Company (WDFC) trade together? Their weekly returns over three years give a correlation of 0.06, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and WDFC?
On 3 years of weekly data the QQQ/WDFC correlation comes out at 0.06, near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.10 over 1 year against 0.06 over 3. The 5-year figure is 0.25, and annualized covariance runs at 33.9 %².
Among the 4755 assets we track against QQQ, WDFC ranks #4151 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 25.6 points (+26.3% versus +0.7%).
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 WDFC: side by side
| QQQ (Invesco QQQ Trust) | WDFC (WD-40 Company) | |
|---|---|---|
| 1-year return | +26.3% | +0.7% |
| 5-year return | +95.4% | +0.9% |
| Volatility (ann.) | 19.6% | 27.6% |
| Beta vs S&P 500 | 1.28 | 0.18 |
| Max drawdown (3Y) | -22.8% | -34.2% |
| Market cap | – | $2.9B |
| P/E (trailing) | – | 33.3 |
| Dividend yield | 0.44% | 1.85% |
| 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 | WDFC |
|---|---|---|
| 2022 | -32.6% | -33.0% |
| 2023 | +54.9% | +50.9% |
| 2024 | +25.6% | +2.9% |
| 2025 | +20.8% | -17.4% |
| 2026 | +17.7% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and WDFC good diversifiers for each other?
By historical standards, yes. A correlation of 0.06 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and WDFC?
The QQQ/WDFC correlation stands at 0.06 on a 3-year window (1 year: 0.10, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is WDFC a good diversifier for QQQ?
By historical standards, yes. A correlation of 0.06 means the two rarely move for the same reasons.
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-wdfc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-wdfc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · WDFC correlations
