AEYE vs QQQ: Correlation
AudioEye, Inc. (AEYE) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEYE and QQQ?
On 3 years of weekly data the AEYE/QQQ correlation comes out at 0.40, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.54 versus 0.40 over 3 years. The 5-year figure is 0.38, and annualized covariance runs at 679.1 %².
By 3-year correlation, QQQ places #9 of the 17 assets tracked against AEYE. The last year tells two different stories: QQQ led by 67.7 percentage points, -41.4% for AEYE against +26.3% for QQQ. One caveat on sizing: AEYE is 4.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AEYE vs QQQ: side by side
| AEYE (AudioEye, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -41.4% | +26.3% |
| 5-year return | -44.5% | +95.4% |
| Volatility (ann.) | 86.5% | 19.6% |
| Beta vs S&P 500 | 2.63 | 1.28 |
| Max drawdown (3Y) | -83.9% | -22.8% |
| Market cap | $0.1B | – |
| 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 | AEYE | QQQ |
|---|---|---|
| 2022 | -45.4% | -32.6% |
| 2023 | +41.5% | +54.9% |
| 2024 | +180.6% | +25.6% |
| 2025 | -34.3% | +20.8% |
| 2026 | -28.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEYE and QQQ good diversifiers for each other?
Reasonably. At 0.40, AEYE and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AEYE and QQQ?
The AEYE/QQQ correlation stands at 0.40 on a 3-year window (1 year: 0.54, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for AEYE?
Reasonably. At 0.40, AEYE and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 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
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Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aeye-vs-qqq/)
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Related comparisons
Hubs: AEYE correlations · QQQ correlations
