ALTI vs QQQ: Correlation
How closely do AlTi Global, Inc. (ALTI) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.26, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALTI and QQQ?
Across a 3-year window, the weekly returns of ALTI and QQQ correlate at 0.26, weak. Lately the two have drifted apart, with the 1-year correlation at 0.13 versus 0.26 over 3 years. Stretching to 5 years gives 0.13, with an annualized covariance of 283.3 %².
QQQ is close to the least connected end of ALTI's tracked universe, ranking #10 of 13. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 34.6 percentage points (-8.3% for ALTI against +26.3% for QQQ). One caveat on sizing: ALTI is 2.9 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.
ALTI vs QQQ: side by side
| ALTI (AlTi Global, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -8.3% | +26.3% |
| 5-year return | -58.9% | +95.4% |
| Volatility (ann.) | 56.3% | 19.6% |
| Beta vs S&P 500 | 1.23 | 1.28 |
| Max drawdown (3Y) | -72.2% | -22.8% |
| Market cap | $0.6B | – |
| 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 | ALTI | QQQ |
|---|---|---|
| 2022 | +10.4% | -32.6% |
| 2023 | -19.7% | +54.9% |
| 2024 | -49.7% | +25.6% |
| 2025 | +5.2% | +20.8% |
| 2026 | -14.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALTI and QQQ good diversifiers for each other?
Reasonably. At 0.26, ALTI and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ALTI and QQQ?
The ALTI/QQQ correlation stands at 0.26 on a 3-year window (1 year: 0.13, 5 years: 0.13), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for ALTI?
Reasonably. At 0.26, ALTI and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.26 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
$ curl https://www.pairbook.io/api/v1/pairs/alti-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/alti-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ALTI correlations · QQQ correlations
