BGM vs QQQ: Correlation
How closely do BGM Group Ltd. - Class A (BGM) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.09, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGM and QQQ?
Across a 3-year window, the weekly returns of BGM and QQQ correlate at 0.09, near zero, meaning they move largely independently. The past 12 months show a tighter link (0.34) than the 3-year average (0.09). Stretching to 5 years gives 0.08, with an annualized covariance of 176.0 %².
Within BGM's tracked universe of 11 assets, QQQ comes in at #6 by 3-year correlation. The last year tells two different stories: QQQ led by 122.7 percentage points, -96.4% for BGM against +26.3% for QQQ. Note the risk asymmetry: BGM runs 5.2 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.
BGM vs QQQ: side by side
| BGM (BGM Group Ltd. - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -96.4% | +26.3% |
| 5-year return | -98.5% | +95.4% |
| Volatility (ann.) | 101.6% | 19.6% |
| Beta vs S&P 500 | 0.50 | 1.28 |
| Max drawdown (3Y) | -98.5% | -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 | BGM | QQQ |
|---|---|---|
| 2022 | -72.1% | -32.6% |
| 2023 | +7.5% | +54.9% |
| 2024 | +119.2% | +25.6% |
| 2025 | -56.3% | +20.8% |
| 2026 | -92.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGM and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.09 means the two rarely move for the same reasons.
FAQ
What is the correlation between BGM and QQQ?
As of 2026-08-27, the correlation of weekly returns between BGM and QQQ is 0.09 over 3 years, 0.34 over 1 year and 0.08 over 5 years.
Is QQQ a good diversifier for BGM?
By historical standards, yes. A correlation of 0.09 means the two rarely move for the same reasons.
What does a correlation of 0.09 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/bgm-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bgm-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BGM correlations · QQQ correlations
