QQQ vs WRBY: Correlation
Invesco QQQ Trust (QQQ) and Warby Parker Inc. (WRBY) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and WRBY?
Over the past 3 years, QQQ and WRBY moved with a correlation of 0.31, which is moderate. Little has changed lately, as the 1-year reading of 0.26 lands near the 3-year figure. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 374.5 %².
By 3-year correlation, WRBY places #1450 of the 4755 assets tracked against QQQ. The last year tells two different stories: QQQ led by 31.0 percentage points, +26.3% for QQQ against -4.7% for WRBY. One caveat on sizing: WRBY is 3.2 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 WRBY: side by side
| QQQ (Invesco QQQ Trust) | WRBY (Warby Parker Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -4.7% |
| 5-year return | +95.4% | -53.6% |
| Volatility (ann.) | 19.6% | 62.2% |
| Beta vs S&P 500 | 1.28 | 1.49 |
| Max drawdown (3Y) | -22.8% | -50.7% |
| Market cap | – | $3.1B |
| P/E (trailing) | – | 421.2 |
| Dividend yield | 0.44% | 0.00% |
| 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 | WRBY |
|---|---|---|
| 2022 | -32.6% | -71.0% |
| 2023 | +54.9% | +4.5% |
| 2024 | +25.6% | +71.7% |
| 2025 | +20.8% | -10.0% |
| 2026 | +17.7% | +16.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and WRBY good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and WRBY?
The QQQ/WRBY correlation stands at 0.31 on a 3-year window (1 year: 0.26, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is WRBY a good diversifier for QQQ?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 mean?
A reading of 0.31 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-wrby.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-wrby/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · WRBY correlations
