DLPN vs QQQ: Correlation
How closely do Dolphin Entertainment, Inc. (DLPN) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.26, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLPN and QQQ?
Over the past 3 years, DLPN and QQQ moved with a correlation of 0.26, which is weak. Little has changed lately, as the 1-year reading of 0.22 lands near the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 278.9 %².
Out of 12 assets tracked against DLPN, QQQ lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with QQQ ahead by 26.3 points (+0.0% versus +26.3%). Risk is not evenly split, since DLPN carries 2.8 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.
DLPN vs QQQ: side by side
| DLPN (Dolphin Entertainment, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +0.0% | +26.3% |
| 5-year return | -95.5% | +95.4% |
| Volatility (ann.) | 54.2% | 19.6% |
| Beta vs S&P 500 | 1.10 | 1.28 |
| Max drawdown (3Y) | -78.8% | -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 | DLPN | QQQ |
|---|---|---|
| 2022 | -78.8% | -32.6% |
| 2023 | -5.5% | +54.9% |
| 2024 | -68.7% | +25.6% |
| 2025 | +45.8% | +20.8% |
| 2026 | -24.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLPN and QQQ good diversifiers for each other?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DLPN and QQQ?
The DLPN/QQQ correlation stands at 0.26 on a 3-year window (1 year: 0.22, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for DLPN?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.26 mean?
A reading of 0.26 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/dlpn-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dlpn-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DLPN correlations · QQQ correlations
