QQQ vs WLYB: Correlation
How closely do Invesco QQQ Trust (QQQ) and John Wiley & Sons, Inc. (WLYB) trade together? Their weekly returns over three years give a correlation of 0.11, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and WLYB?
On 3 years of weekly data the QQQ/WLYB correlation comes out at 0.11, weak. The relationship has been stable: the 1-year correlation (0.07) sits close to the 3-year figure. The 5-year figure is 0.17, and annualized covariance runs at 81.2 %².
Among the 4755 assets we track against QQQ, WLYB ranks #3793 by 3-year correlation. On 12-month performance WLYB holds a 14.6-point edge, +26.3% against +40.9%. Risk is not evenly split, since WLYB carries 1.9 times the volatility of the other side.
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 WLYB: side by side
| QQQ (Invesco QQQ Trust) | WLYB (John Wiley & Sons, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +40.9% |
| 5-year return | +95.4% | +10.5% |
| Volatility (ann.) | 19.6% | 37.4% |
| Beta vs S&P 500 | 1.28 | 0.31 |
| Max drawdown (3Y) | -22.8% | -41.5% |
| Market cap | – | $2.8B |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 0.44% | 2.64% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | WLYB |
|---|---|---|
| 2022 | -32.6% | -27.5% |
| 2023 | +54.9% | -14.7% |
| 2024 | +25.6% | +41.5% |
| 2025 | +20.8% | -27.3% |
| 2026 | +17.7% | +78.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and WLYB good diversifiers for each other?
By historical standards, yes. A correlation of 0.11 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and WLYB?
The QQQ/WLYB correlation stands at 0.11 on a 3-year window (1 year: 0.07, 5 years: 0.17), computed from weekly returns as of 2026-08-27.
Is WLYB a good diversifier for QQQ?
By historical standards, yes. A correlation of 0.11 means the two rarely move for the same reasons.
What does a correlation of 0.11 mean?
On the −1 to +1 scale, 0.11 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.
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Hubs: QQQ correlations · WLYB correlations
