AUNA vs QQQ: Correlation
How closely do Auna SA Class A (AUNA) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.14, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUNA and QQQ?
On 3 years of weekly data the AUNA/QQQ correlation comes out at 0.14, weak. The relationship has been stable: the 1-year correlation (0.04) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 145.8 %².
By 3-year correlation, QQQ places #11 of the 16 assets tracked against AUNA. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 45.1 percentage points (-18.8% for AUNA against +26.3% for QQQ). Risk is not evenly split, since AUNA carries 2.7 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.
AUNA vs QQQ: side by side
| AUNA (Auna SA Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -18.8% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 53.1% | 19.6% |
| Beta vs S&P 500 | 0.73 | 1.28 |
| Max drawdown (3Y) | -61.1% | -22.8% |
| Market cap | $0.4B | – |
| P/E (trailing) | 85.2 | – |
| 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 | AUNA | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | – | +25.6% |
| 2025 | -28.3% | +20.8% |
| 2026 | +3.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUNA and QQQ good diversifiers for each other?
Yes. With a correlation of 0.14, AUNA and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AUNA and QQQ?
Using weekly returns as of 2026-08-27: 0.14 over 3 years, with 0.04 over the last year and n/a over 5 years.
Is QQQ a good diversifier for AUNA?
Yes. With a correlation of 0.14, AUNA and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.14 mean?
A reading of 0.14 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/auna-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/auna-vs-qqq/)
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Related comparisons
Hubs: AUNA correlations · QQQ correlations
