AUC vs QQQ: Correlation
Measured on weekly returns over the past three years, ATIF Holdings Limited (AUC) and Invesco QQQ Trust (QQQ) carry a correlation of -0.04, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUC and QQQ?
Over the past 3 years, AUC and QQQ moved with a correlation of -0.04, which is near zero, meaning they move largely independently. Recent behaviour matches the longer record: -0.02 over 1 year against -0.04 over 3. Over 5 years the correlation is -0.04, and the annualized covariance of weekly returns is -89.4 %².
Within AUC's tracked universe of 24 assets, QQQ comes in at #6 by 3-year correlation. Over the last 12 months QQQ came out ahead by 9.1 percentage points (+17.2% against +26.3%). Risk is not evenly split, since AUC carries 5.5 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.
AUC vs QQQ: side by side
| AUC (ATIF Holdings Limited) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +17.2% | +26.3% |
| 5-year return | -88.8% | +95.4% |
| Volatility (ann.) | 108.2% | 19.6% |
| Beta vs S&P 500 | -0.39 | 1.28 |
| Max drawdown (3Y) | -88.5% | -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 | AUC | QQQ |
|---|---|---|
| 2022 | -30.4% | -32.6% |
| 2023 | -53.3% | +54.9% |
| 2024 | +2.5% | +25.6% |
| 2025 | -70.6% | +20.8% |
| 2026 | +19.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUC and QQQ good diversifiers for each other?
Yes: at -0.04, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AUC and QQQ?
The AUC/QQQ correlation stands at -0.04 on a 3-year window (1 year: -0.02, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for AUC?
Yes: at -0.04, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.04 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/auc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/auc-vs-qqq/)
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Related comparisons
Hubs: AUC correlations · QQQ correlations
