AGIG vs QQQ: Correlation
How closely do Abundia Global Impact Group Inc. (AGIG) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of -0.01, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIG and QQQ?
Across a 3-year window, the weekly returns of AGIG and QQQ correlate at -0.01, near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.04 over 1 year against -0.01 over 3. Stretching to 5 years gives -0.05, with an annualized covariance of -33.3 %².
Among the 34 assets we track against AGIG, QQQ ranks #13 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 115.0 points (-88.7% versus +26.3%). Note the risk asymmetry: AGIG runs 8.0 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.
AGIG vs QQQ: side by side
| AGIG (Abundia Global Impact Group Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -88.7% | +26.3% |
| 5-year return | -94.6% | +95.4% |
| Volatility (ann.) | 157.1% | 19.6% |
| Beta vs S&P 500 | -0.21 | 1.28 |
| Max drawdown (3Y) | -96.7% | -22.8% |
| Market cap | – | – |
| 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 | AGIG | QQQ |
|---|---|---|
| 2022 | +140.6% | -32.6% |
| 2023 | -48.0% | +54.9% |
| 2024 | -27.9% | +25.6% |
| 2025 | -84.7% | +20.8% |
| 2026 | -51.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIG and QQQ good diversifiers for each other?
Yes: at -0.01, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AGIG and QQQ?
Using weekly returns as of 2026-08-27: -0.01 over 3 years, with 0.04 over the last year and -0.05 over 5 years.
Is QQQ a good diversifier for AGIG?
Yes: at -0.01, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.01 mean?
A reading of -0.01 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/agig-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/agig-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AGIG correlations · QQQ correlations
