DUOT vs QQQ: Correlation
Duos Technologies Group, Inc. (DUOT) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DUOT and QQQ?
Over the past 3 years, DUOT and QQQ moved with a correlation of 0.30, which is moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is 484.4 %².
Among the 13 assets we track against DUOT, QQQ sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months DUOT outperformed by 34.4 percentage points (+60.7% for DUOT against +26.3% for QQQ). Note the risk asymmetry: DUOT runs 4.3 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.
DUOT vs QQQ: side by side
| DUOT (Duos Technologies Group, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +60.7% | +26.3% |
| 5-year return | +57.5% | +95.4% |
| Volatility (ann.) | 83.7% | 19.6% |
| Beta vs S&P 500 | 1.75 | 1.28 |
| Max drawdown (3Y) | -64.3% | -22.8% |
| Market cap | $0.3B | – |
| P/E (trailing) | 10.1 | – |
| 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 | DUOT | QQQ |
|---|---|---|
| 2022 | -61.0% | -32.6% |
| 2023 | +45.0% | +54.9% |
| 2024 | +106.2% | +25.6% |
| 2025 | +88.1% | +20.8% |
| 2026 | -8.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DUOT and QQQ good diversifiers for each other?
Reasonably. At 0.30, DUOT and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DUOT and QQQ?
The DUOT/QQQ correlation stands at 0.30 on a 3-year window (1 year: 0.34, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for DUOT?
Reasonably. At 0.30, DUOT and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 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
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Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/duot-vs-qqq/)
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Related comparisons
Hubs: DUOT correlations · QQQ correlations
