AERT vs QQQ: Correlation
Measured on weekly returns over the past three years, Aeries Technology, Inc. - Class A (AERT) and Invesco QQQ Trust (QQQ) carry a correlation of 0.09, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AERT and QQQ?
Over the past 3 years, AERT and QQQ moved with a correlation of 0.09, which is near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.28) runs above the 3-year figure (0.09). Over 5 years the correlation is 0.06, and the annualized covariance of weekly returns is 183.7 %².
Among the 10 assets we track against AERT, QQQ sits near the bottom by co-movement, at rank #7. On 12-month performance QQQ holds a 14.8-point edge, +11.5% against +26.3%. Note the risk asymmetry: AERT runs 5.5 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.
AERT vs QQQ: side by side
| AERT (Aeries Technology, Inc. - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +11.5% | +26.3% |
| 5-year return | -91.2% | +95.4% |
| Volatility (ann.) | 108.4% | 19.6% |
| Beta vs S&P 500 | 0.78 | 1.28 |
| Max drawdown (3Y) | -97.4% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 17.2 | – |
| 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 | AERT | QQQ |
|---|---|---|
| 2022 | +4.7% | -32.6% |
| 2023 | -75.5% | +54.9% |
| 2024 | -62.8% | +25.6% |
| 2025 | -44.5% | +20.8% |
| 2026 | +66.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AERT and QQQ good diversifiers for each other?
Yes: at 0.09, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AERT and QQQ?
As of 2026-08-27, the correlation of weekly returns between AERT and QQQ is 0.09 over 3 years, 0.28 over 1 year and 0.06 over 5 years.
Is QQQ a good diversifier for AERT?
Yes: at 0.09, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.09 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.
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Related comparisons
Hubs: AERT correlations · QQQ correlations
