DJT vs QQQ: Correlation
Measured on weekly returns over the past three years, Trump Media & Technology Group Corp. (DJT) and Invesco QQQ Trust (QQQ) carry a correlation of 0.19, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DJT and QQQ?
Over the past 3 years, DJT and QQQ moved with a correlation of 0.19, which is weak. The relationship has been stable: the 1-year correlation (0.29) sits close to the 3-year figure. Over 5 years the correlation is 0.07, and the annualized covariance of weekly returns is 382.5 %².
Out of 11 assets tracked against DJT, QQQ lands near the bottom at #8. Correlation aside, the last 12 months split them widely, with QQQ ahead by 71.8 points (-45.5% versus +26.3%). Risk is not evenly split, since DJT carries 5.1 times the volatility of the other side.
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.
DJT vs QQQ: side by side
| DJT (Trump Media & Technology Group Corp.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -45.5% | +26.3% |
| 5-year return | -1.8% | +95.4% |
| Volatility (ann.) | 100.8% | 19.6% |
| Beta vs S&P 500 | 1.54 | 1.28 |
| Max drawdown (3Y) | -89.3% | -22.8% |
| Market cap | $2.7B | – |
| 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 | DJT | QQQ |
|---|---|---|
| 2022 | -70.8% | -32.6% |
| 2023 | +16.7% | +54.9% |
| 2024 | +94.9% | +25.6% |
| 2025 | -61.2% | +20.8% |
| 2026 | -26.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DJT and QQQ good diversifiers for each other?
Yes. With a correlation of 0.19, DJT and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DJT and QQQ?
The DJT/QQQ correlation stands at 0.19 on a 3-year window (1 year: 0.29, 5 years: 0.07), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for DJT?
Yes. With a correlation of 0.19, DJT and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.19 mean?
On the −1 to +1 scale, 0.19 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/djt-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/djt-vs-qqq/)
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Related comparisons
Hubs: DJT correlations · QQQ correlations
