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DOGZ vs QQQ: Correlation

Dogness (International) Corporation (DOGZ) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.02.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.02
near-zero
Correlation (1Y)
0.08
last 12 months
Correlation (5Y)
0.06
long-run
Ann. covariance
72.4
%² · weekly, annualized

How correlated are DOGZ and QQQ?

Across a 3-year window, the weekly returns of DOGZ and QQQ correlate at 0.02, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (0.08) sits close to the 3-year figure. Stretching to 5 years gives 0.06, with an annualized covariance of 72.4 %².

Within DOGZ's tracked universe of 11 assets, QQQ comes in at #6 by 3-year correlation. The last year tells two different stories: QQQ led by 116.7 percentage points, -90.4% for DOGZ against +26.3% for QQQ. Note the risk asymmetry: DOGZ runs 7.8 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.

DOGZ vs QQQ: side by side

DOGZ (Dogness (International) Corporation)QQQ (Invesco QQQ Trust)
1-year return-90.4%+26.3%
5-year return-97.9%+95.4%
Volatility (ann.)153.8%19.6%
Beta vs S&P 5000.091.28
Max drawdown (3Y)-98.5%-22.8%
Market cap
P/E (trailing)
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -98.5%Higher 5y return: QQQ +95.4% vs -97.9%

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.

-92%0%+30%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. DOGZ · QQQ

Year-by-year returns

YearDOGZQQQ
2022-88.3%-32.6%
2023-74.0%+54.9%
2024+793.7%+25.6%
2025-76.7%+20.8%
2026-90.4%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DOGZ and QQQ good diversifiers for each other?

By historical standards, yes. A correlation of 0.02 means the two rarely move for the same reasons.

FAQ

What is the correlation between DOGZ and QQQ?

Using weekly returns as of 2026-08-27: 0.02 over 3 years, with 0.08 over the last year and 0.06 over 5 years.

Is QQQ a good diversifier for DOGZ?

By historical standards, yes. A correlation of 0.02 means the two rarely move for the same reasons.

What does a correlation of 0.02 mean?

A reading of 0.02 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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DOGZ vs QQQ: 3-year weekly correlation 0.02DOGZ vs QQQ0.02

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Hubs: DOGZ correlations · QQQ correlations