AKA vs QQQ: Correlation
Measured on weekly returns over the past three years, a.k.a. Brands Holding Corp. (AKA) and Invesco QQQ Trust (QQQ) carry a correlation of 0.15, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKA and QQQ?
Across a 3-year window, the weekly returns of AKA and QQQ correlate at 0.15, weak. The relationship has been stable: the 1-year correlation (0.08) sits close to the 3-year figure. Stretching to 5 years gives 0.25, with an annualized covariance of 314.3 %².
Out of 11 assets tracked against AKA, QQQ lands near the bottom at #8. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 32.6 percentage points (-6.3% for AKA against +26.3% for QQQ). One caveat on sizing: AKA is 5.6 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.
AKA vs QQQ: side by side
| AKA (a.k.a. Brands Holding Corp.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -6.3% | +26.3% |
| 5-year return | -91.2% | +95.4% |
| Volatility (ann.) | 108.8% | 19.6% |
| Beta vs S&P 500 | 1.32 | 1.28 |
| Max drawdown (3Y) | -76.3% | -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 | AKA | QQQ |
|---|---|---|
| 2022 | -86.3% | -32.6% |
| 2023 | -47.2% | +54.9% |
| 2024 | +132.5% | +25.6% |
| 2025 | -42.8% | +20.8% |
| 2026 | -1.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKA and QQQ good diversifiers for each other?
Yes. With a correlation of 0.15, AKA and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AKA and QQQ?
Using weekly returns as of 2026-08-27: 0.15 over 3 years, with 0.08 over the last year and 0.25 over 5 years.
Is QQQ a good diversifier for AKA?
Yes. With a correlation of 0.15, AKA and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.15 mean?
A reading of 0.15 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/aka-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aka-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AKA correlations · QQQ correlations
