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BESS vs QQQ: Correlation

How closely do Bimergen Energy Corporation (BESS) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.08, which is near-zero.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.08
near-zero
Correlation (1Y)
0.24
last 12 months
Correlation (5Y)
0.06
long-run
Ann. covariance
7678.9
%² · weekly, annualized

How correlated are BESS and QQQ?

Across a 3-year window, the weekly returns of BESS and QQQ correlate at 0.08, near zero, meaning they move largely independently. The past 12 months show a tighter link (0.24) than the 3-year average (0.08). Stretching to 5 years gives 0.06, with an annualized covariance of 7678.9 %².

Among the 51 assets we track against BESS, QQQ ranks #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 76.7 points (-50.4% versus +26.3%). One caveat on sizing: BESS is 262.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

BESS vs QQQ: side by side

BESS (Bimergen Energy Corporation)QQQ (Invesco QQQ Trust)
1-year return-50.4%+26.3%
5-year return-87.7%+95.4%
Volatility (ann.)5140.2%19.6%
Beta vs S&P 50017.011.28
Max drawdown (3Y)-99.5%-22.8%
Market cap
P/E (trailing)
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -99.5%Higher 5y return: QQQ +95.4% vs -87.7%

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.

-61%0%+80%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BESS · QQQ

Year-by-year returns

YearBESSQQQ
2022-30.0%-32.6%
2023-14.3%+54.9%
2024+16.7%+25.6%
2025+7.1%+20.8%
2026-70.5%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BESS and QQQ good diversifiers for each other?

Yes: at 0.08, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between BESS and QQQ?

Using weekly returns as of 2026-08-27: 0.08 over 3 years, with 0.24 over the last year and 0.06 over 5 years.

Is QQQ a good diversifier for BESS?

Yes: at 0.08, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of 0.08 mean?

On the −1 to +1 scale, 0.08 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.

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BESS vs QQQ: 3-year weekly correlation 0.08BESS vs QQQ0.08

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Related comparisons

Hubs: BESS correlations · QQQ correlations