ARBB vs QQQ: Correlation
ARB IOT Group Limited (ARBB) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.03.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARBB and QQQ?
On 3 years of weekly data the ARBB/QQQ correlation comes out at 0.03, near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.07 over 1 year against 0.03 over 3. The 5-year figure is n/a, and annualized covariance runs at 101.3 %².
By 3-year correlation, QQQ places #7 of the 12 assets tracked against ARBB. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 25.5 percentage points (+0.8% for ARBB against +26.3% for QQQ). Risk is not evenly split, since ARBB carries 8.6 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.
ARBB vs QQQ: side by side
| ARBB (ARB IOT Group Limited) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +0.8% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 167.6% | 19.6% |
| Beta vs S&P 500 | 0.32 | 1.28 |
| Max drawdown (3Y) | -90.3% | -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 | ARBB | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | -80.7% | +25.6% |
| 2025 | -21.7% | +20.8% |
| 2026 | -26.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARBB and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.03 means the two rarely move for the same reasons.
FAQ
What is the correlation between ARBB and QQQ?
Using weekly returns as of 2026-08-27: 0.03 over 3 years, with 0.07 over the last year and n/a over 5 years.
Is QQQ a good diversifier for ARBB?
By historical standards, yes. A correlation of 0.03 means the two rarely move for the same reasons.
What does a correlation of 0.03 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
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Related comparisons
Hubs: ARBB correlations · QQQ correlations
