QQQ vs YCBD: Correlation
Invesco QQQ Trust (QQQ) and cbdMD, Inc. (YCBD) show a near-zero relationship: their 3-year correlation of weekly returns is 0.08.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and YCBD?
Over the past 3 years, QQQ and YCBD moved with a correlation of 0.08, which is near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.20) runs above the 3-year figure (0.08). Over 5 years the correlation is 0.08, and the annualized covariance of weekly returns is 195.2 %².
By 3-year correlation, YCBD places #4020 of the 4755 assets tracked against QQQ. The last year tells two different stories: QQQ led by 54.8 percentage points, +26.3% for QQQ against -28.5% for YCBD. Note the risk asymmetry: YCBD runs 6.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 YCBD: side by side
| QQQ (Invesco QQQ Trust) | YCBD (cbdMD, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -28.5% |
| 5-year return | +95.4% | -99.9% |
| Volatility (ann.) | 19.6% | 122.3% |
| Beta vs S&P 500 | 1.28 | 0.80 |
| Max drawdown (3Y) | -22.8% | -95.8% |
| Market cap | – | – |
| P/E (trailing) | – | 2.3 |
| 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 | YCBD |
|---|---|---|
| 2022 | -32.6% | -79.0% |
| 2023 | +54.9% | -89.8% |
| 2024 | +25.6% | -63.9% |
| 2025 | +20.8% | -55.0% |
| 2026 | +17.7% | -63.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and YCBD good diversifiers for each other?
Yes. With a correlation of 0.08, QQQ and YCBD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and YCBD?
The QQQ/YCBD correlation stands at 0.08 on a 3-year window (1 year: 0.20, 5 years: 0.08), computed from weekly returns as of 2026-08-27.
Is YCBD a good diversifier for QQQ?
Yes. With a correlation of 0.08, QQQ and YCBD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.08 mean?
On the −1 to +1 scale, 0.08 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-ycbd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-ycbd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · YCBD correlations
