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QQQ vs WIX: Correlation

Invesco QQQ Trust (QQQ) and Wix.com Ltd. (WIX) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.

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

Correlation (3Y)
0.30
moderate
Correlation (1Y)
0.13
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
338.7
%² · weekly, annualized

How correlated are QQQ and WIX?

Over the past 3 years, QQQ and WIX moved with a correlation of 0.30, which is moderate. The past 12 months show a weaker link (0.13) than the 3-year average (0.30). Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 338.7 %².

Within QQQ's tracked universe of 4755 assets, WIX comes in at #1550 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 63.4 points (+26.3% versus -37.1%). Note the risk asymmetry: WIX runs 3.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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 WIX: side by side

QQQ (Invesco QQQ Trust)WIX (Wix.com Ltd.)
1-year return+26.3%-37.1%
5-year return+95.4%-61.8%
Volatility (ann.)19.6%58.2%
Beta vs S&P 5001.281.22
Max drawdown (3Y)-22.8%-83.6%
Market cap$3.6B
P/E (trailing)
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 -83.6%Higher 5y return: QQQ +95.4% vs -61.8%

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.

-72%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. QQQ · WIX

Year-by-year returns

YearQQQWIX
2022-32.6%-51.3%
2023+54.9%+60.1%
2024+25.6%+74.4%
2025+20.8%-51.6%
2026+17.7%-17.5%

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

Are QQQ and WIX good diversifiers for each other?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between QQQ and WIX?

As of 2026-08-27, the correlation of weekly returns between QQQ and WIX is 0.30 over 3 years, 0.13 over 1 year and 0.42 over 5 years.

Is WIX a good diversifier for QQQ?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.30 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.

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QQQ vs WIX: 3-year weekly correlation 0.30QQQ vs WIX0.30

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Hubs: QQQ correlations · WIX correlations