DTSS vs QQQ: Correlation
Datasea Intelligent Technology Ltd. - Class A (DTSS) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.05.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTSS and QQQ?
Across a 3-year window, the weekly returns of DTSS and QQQ correlate at 0.05, near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.18) runs above the 3-year figure (0.05). Stretching to 5 years gives 0.05, with an annualized covariance of 205.4 %².
QQQ is close to the least connected end of DTSS's tracked universe, ranking #7 of 10. Correlation aside, the last 12 months split them widely, with QQQ ahead by 92.8 points (-66.5% versus +26.3%). One caveat on sizing: DTSS is 10.5 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.
DTSS vs QQQ: side by side
| DTSS (Datasea Intelligent Technology Ltd. - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -66.5% | +26.3% |
| 5-year return | -97.7% | +95.4% |
| Volatility (ann.) | 206.7% | 19.6% |
| Beta vs S&P 500 | 1.21 | 1.28 |
| Max drawdown (3Y) | -93.3% | -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 | DTSS | QQQ |
|---|---|---|
| 2022 | -3.8% | -32.6% |
| 2023 | -84.3% | +54.9% |
| 2024 | -35.0% | +25.6% |
| 2025 | -71.4% | +20.8% |
| 2026 | +10.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTSS and QQQ good diversifiers for each other?
Yes: at 0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DTSS and QQQ?
The DTSS/QQQ correlation stands at 0.05 on a 3-year window (1 year: 0.18, 5 years: 0.05), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for DTSS?
Yes: at 0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.05 mean?
On the −1 to +1 scale, 0.05 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/dtss-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dtss-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DTSS correlations · QQQ correlations
