DFDV vs QQQ: Correlation
DeFi Development Corp. (DFDV) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFDV and QQQ?
Over the past 3 years, DFDV and QQQ moved with a correlation of 0.25, which is weak. Lately the two have moved closer together, with the 1-year correlation at 0.36 versus 0.25 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 3411.2 %².
Within DFDV's tracked universe of 60 assets, QQQ comes in at #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 91.7 points (-65.4% versus +26.3%). One caveat on sizing: DFDV is 35.4 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.
DFDV vs QQQ: side by side
| DFDV (DeFi Development Corp.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -65.4% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 693.3% | 19.6% |
| Beta vs S&P 500 | 12.24 | 1.28 |
| Max drawdown (3Y) | -94.2% | -22.8% |
| Market cap | $0.2B | – |
| 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 | DFDV | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | -41.1% | +25.6% |
| 2025 | +628.1% | +20.8% |
| 2026 | +4.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFDV 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 DFDV and QQQ?
The DFDV/QQQ correlation stands at 0.25 on a 3-year window (1 year: 0.36, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for DFDV?
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?
On the −1 to +1 scale, 0.25 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dfdv-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dfdv-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DFDV correlations · QQQ correlations
