QQQ vs WHR: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Whirlpool Corporation (WHR) carry a correlation of 0.24, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and WHR?
Across a 3-year window, the weekly returns of QQQ and WHR correlate at 0.24, weak. Recent behaviour matches the longer record: 0.20 over 1 year against 0.24 over 3. Stretching to 5 years gives 0.35, with an annualized covariance of 215.2 %².
Within QQQ's tracked universe of 4755 assets, WHR comes in at #2342 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 82.8 points (+26.3% versus -56.5%). One caveat on sizing: WHR is 2.3 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 WHR: side by side
| QQQ (Invesco QQQ Trust) | WHR (Whirlpool Corporation) | |
|---|---|---|
| 1-year return | +26.3% | -56.5% |
| 5-year return | +95.4% | -77.3% |
| Volatility (ann.) | 19.6% | 45.6% |
| Beta vs S&P 500 | 1.28 | 1.09 |
| Max drawdown (3Y) | -22.8% | -71.1% |
| Market cap | – | $2.6B |
| P/E (trailing) | – | 13.1 |
| Dividend yield | 0.44% | 6.73% |
| 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 | WHR |
|---|---|---|
| 2022 | -32.6% | -37.2% |
| 2023 | +54.9% | -9.1% |
| 2024 | +25.6% | +0.6% |
| 2025 | +20.8% | -33.0% |
| 2026 | +17.7% | -44.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and WHR good diversifiers for each other?
Reasonably. At 0.24, QQQ and WHR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and WHR?
The QQQ/WHR correlation stands at 0.24 on a 3-year window (1 year: 0.20, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is WHR a good diversifier for QQQ?
Reasonably. At 0.24, QQQ and WHR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 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-whr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-whr/)
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Related comparisons
Hubs: QQQ correlations · WHR correlations
