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
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 | -0.48 | 1.28 |
| Max drawdown (3Y) | -94.3% | -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 | EEIQ | QQQ |
|---|---|---|
| 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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Hubs: EEIQ correlations · QQQ correlations