EJH vs QQQ: Correlation
E-Home Household Service Holdings Limited (EJH) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is -0.07.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EJH and QQQ?
Over the past 3 years, EJH and QQQ moved with a correlation of -0.07, which is near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.04 versus -0.07 over 3 years. Over 5 years the correlation is 0.02, and the annualized covariance of weekly returns is -237.1 %².
Within EJH's tracked universe of 38 assets, QQQ comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 122.3 percentage points (-96.0% for EJH against +26.3% for QQQ). One caveat on sizing: EJH is 8.5 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.
EJH vs QQQ: side by side
| EJH (E-Home Household Service Holdings Limited) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -96.0% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 167.4% | 19.6% |
| Beta vs S&P 500 | -1.07 | 1.28 |
| Max drawdown (3Y) | -100.0% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | – |
| 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 | EJH | QQQ |
|---|---|---|
| 2022 | -98.5% | -32.6% |
| 2023 | -90.7% | +54.9% |
| 2024 | -99.7% | +25.6% |
| 2025 | -97.6% | +20.8% |
| 2026 | -93.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EJH and QQQ good diversifiers for each other?
Yes: at -0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EJH and QQQ?
Using weekly returns as of 2026-08-27: -0.07 over 3 years, with 0.04 over the last year and 0.02 over 5 years.
Is QQQ a good diversifier for EJH?
Yes: at -0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.07 mean?
On the −1 to +1 scale, -0.07 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/ejh-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ejh-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EJH correlations · QQQ correlations
