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
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 500 | 1.28 | 0.27 |
| Max drawdown (3Y) | -22.8% | -49.1% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 45.7 |
| 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 | WFCF |
|---|---|---|
| 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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[](https://www.pairbook.io/pair/qqq-vs-wfcf/)
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Hubs: QQQ correlations · WFCF correlations