QQQ vs WWR: Correlation
Invesco QQQ Trust (QQQ) and Westwater Resources, Inc. (WWR) show a weak relationship: their 3-year correlation of weekly returns is 0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and WWR?
Across a 3-year window, the weekly returns of QQQ and WWR correlate at 0.13, weak. The past 12 months show a tighter link (0.26) than the 3-year average (0.13). Stretching to 5 years gives 0.21, with an annualized covariance of 268.8 %².
By 3-year correlation, WWR places #3605 of the 4755 assets tracked against QQQ. The last year tells two different stories: QQQ led by 46.0 percentage points, +26.3% for QQQ against -19.7% for WWR. Risk is not evenly split, since WWR carries 5.3 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 WWR: side by side
| QQQ (Invesco QQQ Trust) | WWR (Westwater Resources, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -19.7% |
| 5-year return | +95.4% | -84.4% |
| Volatility (ann.) | 19.6% | 104.7% |
| Beta vs S&P 500 | 1.28 | 0.77 |
| Max drawdown (3Y) | -22.8% | -88.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | WWR |
|---|---|---|
| 2022 | -32.6% | -63.3% |
| 2023 | +54.9% | -29.1% |
| 2024 | +25.6% | +26.8% |
| 2025 | +20.8% | +5.6% |
| 2026 | +17.7% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and WWR good diversifiers for each other?
Yes: at 0.13, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and WWR?
As of 2026-08-27, the correlation of weekly returns between QQQ and WWR is 0.13 over 3 years, 0.26 over 1 year and 0.21 over 5 years.
Is WWR a good diversifier for QQQ?
Yes: at 0.13, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.13 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-wwr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-wwr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · WWR correlations
