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EEIQ vs QQQ: Correlation

EpicQuest Education Group International Limited (EEIQ) 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

Correlation (3Y)
-0.05
near-zero
Correlation (1Y)
-0.11
last 12 months
Correlation (5Y)
0.01
long-run
Ann. covariance
-171.0
%² · weekly, annualized

How correlated are EEIQ and QQQ?

Over the past 3 years, EEIQ and QQQ moved with a correlation of -0.05, which is near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of -0.11 lands near the 3-year figure. Over 5 years the correlation is 0.01, and the annualized covariance of weekly returns is -171.0 %².

Among the 16 assets we track against EEIQ, QQQ ranks #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 94.6 points (-68.3% versus +26.3%). Note the risk asymmetry: EEIQ runs 9.9 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.

EEIQ vs QQQ: side by side

EEIQ (EpicQuest Education Group International Limited)QQQ (Invesco QQQ Trust)
1-year return-68.3%+26.3%
5-year return-95.4%+95.4%
Volatility (ann.)193.1%19.6%
Beta vs S&P 500-0.481.28
Max drawdown (3Y)-94.3%-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 -94.3%Higher 5y return: QQQ +95.4% vs -95.4%

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.

-77%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. EEIQ · QQQ

Year-by-year returns

YearEEIQQQQ
2022-33.0%-32.6%
2023-11.8%+54.9%
2024-46.7%+25.6%
2025-78.7%+20.8%
2026-25.1%+17.7%

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

Are EEIQ and QQQ good diversifiers for each other?

By historical standards, yes. A correlation of -0.05 means the two rarely move for the same reasons.

FAQ

What is the correlation between EEIQ and QQQ?

Using weekly returns as of 2026-08-27: -0.05 over 3 years, with -0.11 over the last year and 0.01 over 5 years.

Is QQQ a good diversifier for EEIQ?

By historical standards, yes. A correlation of -0.05 means the two rarely move for the same reasons.

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.

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EEIQ vs QQQ: 3-year weekly correlation -0.05EEIQ vs QQQ-0.05

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Hubs: EEIQ correlations · QQQ correlations