DDC vs QQQ: Correlation
Measured on weekly returns over the past three years, DDC Enterprise Limited Class A (DDC) and Invesco QQQ Trust (QQQ) carry a correlation of 0.25, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DDC and QQQ?
On 3 years of weekly data the DDC/QQQ correlation comes out at 0.25, weak. The relationship has been stable: the 1-year correlation (0.31) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 774.3 %².
Among the 11 assets we track against DDC, QQQ sits near the bottom by co-movement, at rank #7. Correlation aside, the last 12 months split them widely, with QQQ ahead by 122.0 points (-95.7% versus +26.3%). Note the risk asymmetry: DDC runs 8.1 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.
DDC vs QQQ: side by side
| DDC (DDC Enterprise Limited Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -95.7% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 158.5% | 19.6% |
| Beta vs S&P 500 | 2.55 | 1.28 |
| Max drawdown (3Y) | -99.8% | -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 | DDC | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | -96.3% | +25.6% |
| 2025 | -53.1% | +20.8% |
| 2026 | -73.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DDC and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DDC and QQQ?
The DDC/QQQ correlation stands at 0.25 on a 3-year window (1 year: 0.31, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for DDC?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.25 mean?
A reading of 0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ddc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ddc-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DDC correlations · QQQ correlations
