BTOC vs QQQ: Correlation
Measured on weekly returns over the past three years, Armlogi Holding Corp. (BTOC) and Invesco QQQ Trust (QQQ) carry a correlation of 0.27, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTOC and QQQ?
On 3 years of weekly data the BTOC/QQQ correlation comes out at 0.27, weak. The relationship has been stable: the 1-year correlation (0.19) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 455.5 %².
QQQ is close to the least connected end of BTOC's tracked universe, ranking #7 of 10. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 106.0 percentage points (-79.7% for BTOC against +26.3% for QQQ). One caveat on sizing: BTOC is 4.3 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.
BTOC vs QQQ: side by side
| BTOC (Armlogi Holding Corp.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -79.7% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 83.6% | 19.6% |
| Beta vs S&P 500 | 1.75 | 1.28 |
| Max drawdown (3Y) | -97.1% | -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 | BTOC | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | – | +25.6% |
| 2025 | -87.5% | +20.8% |
| 2026 | -44.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTOC and QQQ good diversifiers for each other?
Reasonably. At 0.27, BTOC and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BTOC and QQQ?
Using weekly returns as of 2026-08-27: 0.27 over 3 years, with 0.19 over the last year and n/a over 5 years.
Is QQQ a good diversifier for BTOC?
Reasonably. At 0.27, BTOC and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.27 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/btoc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/btoc-vs-qqq/)
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Related comparisons
Hubs: BTOC correlations · QQQ correlations
