AZIO vs QQQ: Correlation
How closely do Azio AI Holdings, Inc. (AZIO) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.02, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AZIO and QQQ?
Across a 3-year window, the weekly returns of AZIO and QQQ correlate at 0.02, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (-0.03) sits close to the 3-year figure. Stretching to 5 years gives 0.05, with an annualized covariance of 149.1 %².
Within AZIO's tracked universe of 18 assets, QQQ comes in at #10 by 3-year correlation. The last year tells two different stories: QQQ led by 69.8 percentage points, -43.5% for AZIO against +26.3% for QQQ. Risk is not evenly split, since AZIO carries 20.6 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.
AZIO vs QQQ: side by side
| AZIO (Azio AI Holdings, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -43.5% | +26.3% |
| 5-year return | -97.5% | +95.4% |
| Volatility (ann.) | 404.0% | 19.6% |
| Beta vs S&P 500 | 1.20 | 1.28 |
| Max drawdown (3Y) | -98.8% | -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 | AZIO | QQQ |
|---|---|---|
| 2022 | -52.7% | -32.6% |
| 2023 | -36.2% | +54.9% |
| 2024 | -11.0% | +25.6% |
| 2025 | -97.0% | +20.8% |
| 2026 | +276.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AZIO and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.02 means the two rarely move for the same reasons.
FAQ
What is the correlation between AZIO and QQQ?
The AZIO/QQQ correlation stands at 0.02 on a 3-year window (1 year: -0.03, 5 years: 0.05), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for AZIO?
By historical standards, yes. A correlation of 0.02 means the two rarely move for the same reasons.
What does a correlation of 0.02 mean?
On the −1 to +1 scale, 0.02 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/azio-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/azio-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AZIO correlations · QQQ correlations
