ALMU vs QQQ: Correlation
Measured on weekly returns over the past three years, Aeluma, Inc. (ALMU) and Invesco QQQ Trust (QQQ) carry a correlation of 0.18, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALMU and QQQ?
Over the past 3 years, ALMU and QQQ moved with a correlation of 0.18, which is weak. The link has tightened recently: the 1-year correlation (0.44) runs above the 3-year figure (0.18). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 377.6 %².
Among the 20 assets we track against ALMU, QQQ ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 58.7 points (-32.4% versus +26.3%). One caveat on sizing: ALMU is 5.5 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.
ALMU vs QQQ: side by side
| ALMU (Aeluma, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -32.4% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 106.9% | 19.6% |
| Beta vs S&P 500 | 1.15 | 1.28 |
| Max drawdown (3Y) | -56.7% | -22.8% |
| Market cap | $0.3B | – |
| 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 | ALMU | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | +163.8% | +25.6% |
| 2025 | +124.4% | +20.8% |
| 2026 | -18.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALMU and QQQ good diversifiers for each other?
Yes. With a correlation of 0.18, ALMU and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ALMU and QQQ?
Using weekly returns as of 2026-08-27: 0.18 over 3 years, with 0.44 over the last year and n/a over 5 years.
Is QQQ a good diversifier for ALMU?
Yes. With a correlation of 0.18, ALMU and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.18 mean?
A reading of 0.18 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/almu-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/almu-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ALMU correlations · QQQ correlations
