QQQ vs XXII: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and 22nd Century Group, Inc (XXII) carry a correlation of 0.21, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and XXII?
On 3 years of weekly data the QQQ/XXII correlation comes out at 0.21, weak. The relationship has been stable: the 1-year correlation (0.14) sits close to the 3-year figure. The 5-year figure is 0.19, and annualized covariance runs at 487.1 %².
Among the 4755 assets we track against QQQ, XXII ranks #2751 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 125.7 percentage points (+26.3% for QQQ against -99.4% for XXII). Risk is not evenly split, since XXII carries 6.1 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 XXII: side by side
| QQQ (Invesco QQQ Trust) | XXII (22nd Century Group, Inc) | |
|---|---|---|
| 1-year return | +26.3% | -99.4% |
| 5-year return | +95.4% | -100.0% |
| Volatility (ann.) | 19.6% | 119.0% |
| Beta vs S&P 500 | 1.28 | 2.06 |
| Max drawdown (3Y) | -22.8% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | 0.0 |
| 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 | XXII |
|---|---|---|
| 2022 | -32.6% | -70.2% |
| 2023 | +54.9% | -98.7% |
| 2024 | +25.6% | -98.7% |
| 2025 | +20.8% | -99.4% |
| 2026 | +17.7% | -98.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and XXII good diversifiers for each other?
A fair diversifier. At 0.21, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and XXII?
Using weekly returns as of 2026-08-27: 0.21 over 3 years, with 0.14 over the last year and 0.19 over 5 years.
Is XXII a good diversifier for QQQ?
A fair diversifier. At 0.21, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.21 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-xxii.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-xxii/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · XXII correlations
