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QQQ vs WYY: Correlation

Invesco QQQ Trust (QQQ) and WidePoint Corporation (WYY) show a weak relationship: their 3-year correlation of weekly returns is 0.26.

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

Correlation (3Y)
0.26
weak
Correlation (1Y)
0.24
last 12 months
Correlation (5Y)
0.27
long-run
Ann. covariance
412.6
%² · weekly, annualized

How correlated are QQQ and WYY?

Across a 3-year window, the weekly returns of QQQ and WYY correlate at 0.26, weak. The relationship has been stable: the 1-year correlation (0.24) sits close to the 3-year figure. Stretching to 5 years gives 0.27, with an annualized covariance of 412.6 %².

Within QQQ's tracked universe of 4755 assets, WYY comes in at #2057 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WYY ahead by 90.8 points (+26.3% versus +117.1%). One caveat on sizing: WYY is 4.1 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 WYY: side by side

QQQ (Invesco QQQ Trust)WYY (WidePoint Corporation)
1-year return+26.3%+117.1%
5-year return+95.4%+85.8%
Volatility (ann.)19.6%81.3%
Beta vs S&P 5001.281.48
Max drawdown (3Y)-22.8%-57.0%
Market cap$0.1B
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 -57.0%Higher 5y return: QQQ +95.4% vs +85.8%

QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.

-11%0%+232%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. QQQ · WYY

Year-by-year returns

YearQQQWYY
2022-32.6%-53.7%
2023+54.9%+27.5%
2024+25.6%+108.6%
2025+20.8%+11.0%
2026+17.7%+89.6%

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

Are QQQ and WYY good diversifiers for each other?

Reasonably. At 0.26, QQQ and WYY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between QQQ and WYY?

Using weekly returns as of 2026-08-27: 0.26 over 3 years, with 0.24 over the last year and 0.27 over 5 years.

Is WYY a good diversifier for QQQ?

Reasonably. At 0.26, QQQ and WYY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.26 mean?

On the −1 to +1 scale, 0.26 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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QQQ vs WYY: 3-year weekly correlation 0.26QQQ vs WYY0.26

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Hubs: QQQ correlations · WYY correlations