DXYZ vs QQQ: Correlation
How closely do Destiny Tech100 Inc. (DXYZ) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.27, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DXYZ and QQQ?
Over the past 3 years, DXYZ and QQQ moved with a correlation of 0.27, which is weak. The relationship has been stable: the 1-year correlation (0.28) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1094.3 %².
By 3-year correlation, QQQ places #17 of the 32 assets tracked against DXYZ. Neither side won the trailing year by much: +24.9% against +26.3%. Risk is not evenly split, since DXYZ carries 10.3 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.
DXYZ vs QQQ: side by side
| DXYZ (Destiny Tech100 Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +24.9% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 201.3% | 19.6% |
| Beta vs S&P 500 | 3.94 | 1.28 |
| Max drawdown (3Y) | -90.3% | -22.8% |
| Market cap | $1.1B | – |
| P/E (trailing) | 9.8 | – |
| 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 | DXYZ | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | – | +25.6% |
| 2025 | -48.0% | +20.8% |
| 2026 | +15.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DXYZ and QQQ good diversifiers for each other?
A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DXYZ and QQQ?
Using weekly returns as of 2026-08-27: 0.27 over 3 years, with 0.28 over the last year and n/a over 5 years.
Is QQQ a good diversifier for DXYZ?
A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.27 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dxyz-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dxyz-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DXYZ correlations · QQQ correlations
