ABTC vs QQQ: Correlation
American Bitcoin Corp. (ABTC) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTC and QQQ?
On 3 years of weekly data the ABTC/QQQ correlation comes out at 0.39, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. The 5-year figure is 0.34, and annualized covariance runs at 1244.8 %².
Within ABTC's tracked universe of 13 assets, QQQ comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 116.6 percentage points (-90.3% for ABTC against +26.3% for QQQ). Note the risk asymmetry: ABTC runs 8.3 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.
ABTC vs QQQ: side by side
| ABTC (American Bitcoin Corp.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -90.3% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 163.6% | 19.6% |
| Beta vs S&P 500 | 4.24 | 1.28 |
| Max drawdown (3Y) | -99.3% | -22.8% |
| Market cap | $1.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | US Listed | ETF · US Growth & Tech |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | ABTC | QQQ |
|---|---|---|
| 2022 | -98.0% | -32.6% |
| 2023 | -37.0% | +54.9% |
| 2024 | -95.4% | +25.6% |
| 2025 | -15.2% | +20.8% |
| 2026 | -65.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTC and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ABTC and QQQ?
The ABTC/QQQ correlation stands at 0.39 on a 3-year window (1 year: 0.42, 5 years: 0.34), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for ABTC?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 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/abtc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/abtc-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABTC correlations · QQQ correlations
