QQQ vs WSFS: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and WSFS Financial Corporation (WSFS) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and WSFS?
Across a 3-year window, the weekly returns of QQQ and WSFS correlate at 0.30, moderate. The past 12 months show a weaker link (-0.00) than the 3-year average (0.30). Stretching to 5 years gives 0.29, with an annualized covariance of 174.0 %².
Within QQQ's tracked universe of 4755 assets, WSFS comes in at #1552 by 3-year correlation. The trailing year gives WSFS the advantage: +26.3% versus +34.0%, a 7.7-point spread. One caveat on sizing: WSFS is 1.5 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 WSFS: side by side
| QQQ (Invesco QQQ Trust) | WSFS (WSFS Financial Corporation) | |
|---|---|---|
| 1-year return | +26.3% | +34.0% |
| 5-year return | +95.4% | +85.9% |
| Volatility (ann.) | 19.6% | 29.9% |
| Beta vs S&P 500 | 1.28 | 0.89 |
| Max drawdown (3Y) | -22.8% | -24.7% |
| Market cap | – | $4.0B |
| P/E (trailing) | – | 13.2 |
| Dividend yield | 0.44% | 0.90% |
| 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 | WSFS |
|---|---|---|
| 2022 | -32.6% | -8.4% |
| 2023 | +54.9% | +2.9% |
| 2024 | +25.6% | +17.1% |
| 2025 | +20.8% | +5.2% |
| 2026 | +17.7% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and WSFS good diversifiers for each other?
Reasonably. At 0.30, QQQ and WSFS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and WSFS?
Using weekly returns as of 2026-08-27: 0.30 over 3 years, with -0.00 over the last year and 0.29 over 5 years.
Is WSFS a good diversifier for QQQ?
Reasonably. At 0.30, QQQ and WSFS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-wsfs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-wsfs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · WSFS correlations
