ANGH vs QQQ: Correlation
Measured on weekly returns over the past three years, Anghami Inc. (ANGH) and Invesco QQQ Trust (QQQ) carry a correlation of 0.08, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANGH and QQQ?
On 3 years of weekly data the ANGH/QQQ correlation comes out at 0.08, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (0.16) sits close to the 3-year figure. The 5-year figure is 0.06, and annualized covariance runs at 194.4 %².
QQQ is close to the least connected end of ANGH's tracked universe, ranking #6 of 10. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 21.4 percentage points (+4.9% for ANGH against +26.3% for QQQ). Note the risk asymmetry: ANGH runs 6.3 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.
ANGH vs QQQ: side by side
| ANGH (Anghami Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +4.9% | +26.3% |
| 5-year return | -96.5% | +95.4% |
| Volatility (ann.) | 124.2% | 19.6% |
| Beta vs S&P 500 | 0.72 | 1.28 |
| Max drawdown (3Y) | -92.7% | -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 | ANGH | QQQ |
|---|---|---|
| 2022 | -84.3% | -32.6% |
| 2023 | -34.8% | +54.9% |
| 2024 | -20.8% | +25.6% |
| 2025 | -54.2% | +20.8% |
| 2026 | -6.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANGH and QQQ good diversifiers for each other?
Yes: at 0.08, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ANGH and QQQ?
As of 2026-08-27, the correlation of weekly returns between ANGH and QQQ is 0.08 over 3 years, 0.16 over 1 year and 0.06 over 5 years.
Is QQQ a good diversifier for ANGH?
Yes: at 0.08, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.08 mean?
A reading of 0.08 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/angh-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/angh-vs-qqq/)
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Related comparisons
Hubs: ANGH correlations · QQQ correlations
