QQQM vs TTWO: Correlation
How closely do Invesco Nasdaq 100 ETF (QQQM) and Take-Two Interactive (TTWO) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQM and TTWO?
On 3 years of weekly data the QQQM/TTWO correlation comes out at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.47 lands near the 3-year figure. The 5-year figure is 0.43, and annualized covariance runs at 243.8 %².
Within QQQM's tracked universe of 103 assets, TTWO comes in at #83 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQM ahead by 26.0 points (+26.4% versus +0.4%). On a rolling one-year basis the correlation drifted between 0.36 and 0.66, a moderate band.
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.
QQQM vs TTWO: side by side
| QQQM (Invesco Nasdaq 100 ETF) | TTWO (Take-Two Interactive) | |
|---|---|---|
| 1-year return | +26.4% | +0.4% |
| 5-year return | +96.1% | +47.3% |
| Volatility (ann.) | 19.5% | 27.3% |
| Beta vs S&P 500 | 1.28 | 0.85 |
| Max drawdown (3Y) | -22.7% | -27.7% |
| Market cap | – | $43.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.46% | 0.00% |
| Expense ratio | 0.15% | – |
| Assets under management | $97.1B | – |
| Sector / category | ETF · US Growth & Tech | Communication Services |
QQQM is a Large Growth fund from Invesco: $97.1B under management, 105 holdings, a 0.15% expense ratio, a 0.46% trailing dividend yield.
Year-by-year returns
| Year | QQQM | TTWO |
|---|---|---|
| 2022 | -32.5% | -41.4% |
| 2023 | +55.0% | +54.6% |
| 2024 | +25.7% | +14.4% |
| 2025 | +20.9% | +39.1% |
| 2026 | +17.7% | -9.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
TTWO represents 0.19% of QQQM's portfolio, so part of any move in QQQM is TTWO itself, and the correlation between them is partly mechanical.
Are QQQM and TTWO good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQM and TTWO?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.47 over the last year and 0.43 over 5 years.
Is TTWO a good diversifier for QQQM?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqqm-vs-ttwo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqqm-vs-ttwo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQM correlations · TTWO correlations
