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QQQ vs WFCF: Correlation

Invesco QQQ Trust (QQQ) and Where Food Comes From, Inc. (WFCF) show a near-zero relationship: their 3-year correlation of weekly returns is 0.08.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.08
near-zero
Correlation (1Y)
0.20
last 12 months
Correlation (5Y)
0.07
long-run
Ann. covariance
94.4
%² · weekly, annualized

How correlated are QQQ and WFCF?

Across a 3-year window, the weekly returns of QQQ and WFCF correlate at 0.08, near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.20 versus 0.08 over 3 years. Stretching to 5 years gives 0.07, with an annualized covariance of 94.4 %².

By 3-year correlation, WFCF places #4017 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with QQQ ahead by 15.9 points (+26.3% versus +10.4%). One caveat on sizing: WFCF is 2.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 WFCF: side by side

QQQ (Invesco QQQ Trust)WFCF (Where Food Comes From, Inc.)
1-year return+26.3%+10.4%
5-year return+95.4%+0.4%
Volatility (ann.)19.6%57.1%
Beta vs S&P 5001.280.27
Max drawdown (3Y)-22.8%-49.1%
Market cap$0.1B
P/E (trailing)45.7
Dividend yield0.44%0.00%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryETF · US Growth & TechUS Listed
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -49.1%Higher 5y return: QQQ +95.4% vs +0.4%

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.

-25%0%+36%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). QQQ · WFCF

Year-by-year returns

YearQQQWFCF
2022-32.6%-3.7%
2023+54.9%-3.0%
2024+25.6%-2.3%
2025+20.8%-13.2%
2026+17.7%+15.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are QQQ and WFCF good diversifiers for each other?

Yes. With a correlation of 0.08, QQQ and WFCF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between QQQ and WFCF?

As of 2026-08-27, the correlation of weekly returns between QQQ and WFCF is 0.08 over 3 years, 0.20 over 1 year and 0.07 over 5 years.

Is WFCF a good diversifier for QQQ?

Yes. With a correlation of 0.08, QQQ and WFCF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of 0.08 mean?

A reading of 0.08 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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QQQ vs WFCF: 3-year weekly correlation 0.08QQQ vs WFCF0.08

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Related comparisons

Hubs: QQQ correlations · WFCF correlations