BTCS vs QQQ: Correlation
BTCS Inc. (BTCS) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.02.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTCS and QQQ?
Across a 3-year window, the weekly returns of BTCS and QQQ correlate at 0.02, near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.42 versus 0.02 over 3 years. Stretching to 5 years gives 0.15, with an annualized covariance of 59.5 %².
Among the 20 assets we track against BTCS, QQQ ranks #10 by 3-year correlation. The last year tells two different stories: QQQ led by 88.6 percentage points, -62.3% for BTCS against +26.3% for QQQ. Note the risk asymmetry: BTCS runs 8.2 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.
BTCS vs QQQ: side by side
| BTCS (BTCS Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -62.3% | +26.3% |
| 5-year return | -79.2% | +95.4% |
| Volatility (ann.) | 161.4% | 19.6% |
| Beta vs S&P 500 | 0.34 | 1.28 |
| Max drawdown (3Y) | -84.9% | -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 | BTCS | QQQ |
|---|---|---|
| 2022 | -79.6% | -32.6% |
| 2023 | +158.7% | +54.9% |
| 2024 | +51.5% | +25.6% |
| 2025 | +8.1% | +20.8% |
| 2026 | -39.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTCS and QQQ good diversifiers for each other?
Yes: at 0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BTCS and QQQ?
Using weekly returns as of 2026-08-27: 0.02 over 3 years, with 0.42 over the last year and 0.15 over 5 years.
Is QQQ a good diversifier for BTCS?
Yes: at 0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.02 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.
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Related comparisons
Hubs: BTCS correlations · QQQ correlations
