DFSC vs QQQ: Correlation
Measured on weekly returns over the past three years, DEFSEC Technologies Inc. (DFSC) and Invesco QQQ Trust (QQQ) carry a correlation of 0.13, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFSC and QQQ?
On 3 years of weekly data the DFSC/QQQ correlation comes out at 0.13, weak. The link has tightened recently: the 1-year correlation (0.31) runs above the 3-year figure (0.13). The 5-year figure is -0.12, and annualized covariance runs at 392.3 %².
Among the 14 assets we track against DFSC, QQQ ranks #8 by 3-year correlation. The last year tells two different stories: QQQ led by 70.4 percentage points, -44.1% for DFSC against +26.3% for QQQ. One caveat on sizing: DFSC is 7.8 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.
DFSC vs QQQ: side by side
| DFSC (DEFSEC Technologies Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -44.1% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 152.6% | 19.6% |
| Beta vs S&P 500 | 0.90 | 1.28 |
| Max drawdown (3Y) | -99.9% | -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 | DFSC | QQQ |
|---|---|---|
| 2022 | -96.2% | -32.6% |
| 2023 | -65.1% | +54.9% |
| 2024 | -92.2% | +25.6% |
| 2025 | -88.4% | +20.8% |
| 2026 | +9.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFSC and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.13 means the two rarely move for the same reasons.
FAQ
What is the correlation between DFSC and QQQ?
As of 2026-08-27, the correlation of weekly returns between DFSC and QQQ is 0.13 over 3 years, 0.31 over 1 year and -0.12 over 5 years.
Is QQQ a good diversifier for DFSC?
By historical standards, yes. A correlation of 0.13 means the two rarely move for the same reasons.
What does a correlation of 0.13 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
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Related comparisons
Hubs: DFSC correlations · QQQ correlations
