QQQ vs YEXT: Correlation
How closely do Invesco QQQ Trust (QQQ) and Yext, Inc. (YEXT) trade together? Their weekly returns over three years give a correlation of 0.19, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and YEXT?
Across a 3-year window, the weekly returns of QQQ and YEXT correlate at 0.19, weak. Recent behaviour matches the longer record: 0.18 over 1 year against 0.19 over 3. Stretching to 5 years gives 0.33, with an annualized covariance of 194.7 %².
Among the 4755 assets we track against QQQ, YEXT ranks #2994 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 52.2 points (+26.3% versus -25.9%). Risk is not evenly split, since YEXT carries 2.7 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 YEXT: side by side
| QQQ (Invesco QQQ Trust) | YEXT (Yext, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -25.9% |
| 5-year return | +95.4% | -50.0% |
| Volatility (ann.) | 19.6% | 53.6% |
| Beta vs S&P 500 | 1.28 | 0.82 |
| Max drawdown (3Y) | -22.8% | -63.5% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | 84.5 |
| Dividend yield | 0.44% | 0.00% |
| 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 | YEXT |
|---|---|---|
| 2022 | -32.6% | -34.2% |
| 2023 | +54.9% | -9.8% |
| 2024 | +25.6% | +8.0% |
| 2025 | +20.8% | +26.7% |
| 2026 | +17.7% | -16.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and YEXT good diversifiers for each other?
Yes. With a correlation of 0.19, QQQ and YEXT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and YEXT?
The QQQ/YEXT correlation stands at 0.19 on a 3-year window (1 year: 0.18, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is YEXT a good diversifier for QQQ?
Yes. With a correlation of 0.19, QQQ and YEXT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.19 mean?
On the −1 to +1 scale, 0.19 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-yext.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-yext/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · YEXT correlations
