AUUD vs QQQ: Correlation
Measured on weekly returns over the past three years, Auddia Inc. (AUUD) and Invesco QQQ Trust (QQQ) carry a correlation of -0.00, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUUD and QQQ?
Across a 3-year window, the weekly returns of AUUD and QQQ correlate at -0.00, near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.04 over 1 year against -0.00 over 3. Stretching to 5 years gives 0.10, with an annualized covariance of -2.8 %².
Among the 19 assets we track against AUUD, QQQ ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 120.9 points (-94.6% versus +26.3%). Note the risk asymmetry: AUUD runs 5.5 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.
AUUD vs QQQ: side by side
| AUUD (Auddia Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -94.6% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 107.6% | 19.6% |
| Beta vs S&P 500 | -0.10 | 1.28 |
| Max drawdown (3Y) | -99.9% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 0.2 | – |
| 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 | AUUD | QQQ |
|---|---|---|
| 2022 | -46.1% | -32.6% |
| 2023 | -74.0% | +54.9% |
| 2024 | -91.8% | +25.6% |
| 2025 | -88.8% | +20.8% |
| 2026 | -86.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUUD and QQQ good diversifiers for each other?
Yes. With a correlation of -0.00, AUUD and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AUUD and QQQ?
The AUUD/QQQ correlation stands at -0.00 on a 3-year window (1 year: 0.04, 5 years: 0.10), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for AUUD?
Yes. With a correlation of -0.00, AUUD and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.00 mean?
A reading of -0.00 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
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Related comparisons
Hubs: AUUD correlations · QQQ correlations