AMPG vs QQQ: Correlation
Amplitech Group, Inc. (AMPG) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPG and QQQ?
On 3 years of weekly data the AMPG/QQQ correlation comes out at 0.15, weak. Lately the two have moved closer together, with the 1-year correlation at 0.32 versus 0.15 over 3 years. The 5-year figure is 0.18, and annualized covariance runs at 509.1 %².
QQQ is close to the least connected end of AMPG's tracked universe, ranking #11 of 15. Neither side won the trailing year by much: +22.2% against +26.3%. Risk is not evenly split, since AMPG carries 9.1 times the volatility of the other side.
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.
AMPG vs QQQ: side by side
| AMPG (Amplitech Group, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +22.2% | +26.3% |
| 5-year return | -0.5% | +95.4% |
| Volatility (ann.) | 178.6% | 19.6% |
| Beta vs S&P 500 | 1.10 | 1.28 |
| Max drawdown (3Y) | -78.6% | -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 | AMPG | QQQ |
|---|---|---|
| 2022 | -46.2% | -32.6% |
| 2023 | -11.3% | +54.9% |
| 2024 | +173.4% | +25.6% |
| 2025 | -41.8% | +20.8% |
| 2026 | +25.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPG and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between AMPG and QQQ?
As of 2026-08-27, the correlation of weekly returns between AMPG and QQQ is 0.15 over 3 years, 0.32 over 1 year and 0.18 over 5 years.
Is QQQ a good diversifier for AMPG?
By historical standards, yes. A correlation of 0.15 means the two rarely move for the same reasons.
What does a correlation of 0.15 mean?
On the −1 to +1 scale, 0.15 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ampg-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ampg-vs-qqq/)
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Related comparisons
Hubs: AMPG correlations · QQQ correlations
