EPOW vs QQQ: Correlation
How closely do E-Power Inc. - Class A (EPOW) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.00, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPOW and QQQ?
Across a 3-year window, the weekly returns of EPOW and QQQ correlate at 0.00, near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of -0.10 lands near the 3-year figure. Stretching to 5 years gives 0.10, with an annualized covariance of 3.2 %².
Out of 10 assets tracked against EPOW, QQQ lands near the bottom at #7. Correlation aside, the last 12 months split them widely, with QQQ ahead by 76.2 points (-49.9% versus +26.3%). One caveat on sizing: EPOW is 3.8 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.
EPOW vs QQQ: side by side
| EPOW (E-Power Inc. - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -49.9% | +26.3% |
| 5-year return | -81.9% | +95.4% |
| Volatility (ann.) | 75.1% | 19.6% |
| Beta vs S&P 500 | 0.06 | 1.28 |
| Max drawdown (3Y) | -80.3% | -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 | EPOW | QQQ |
|---|---|---|
| 2022 | +135.3% | -32.6% |
| 2023 | -60.4% | +54.9% |
| 2024 | -20.0% | +25.6% |
| 2025 | +13.4% | +20.8% |
| 2026 | -54.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPOW and QQQ good diversifiers for each other?
Yes. With a correlation of 0.00, EPOW and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EPOW and QQQ?
The EPOW/QQQ correlation stands at 0.00 on a 3-year window (1 year: -0.10, 5 years: 0.10), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for EPOW?
Yes. With a correlation of 0.00, EPOW and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.00 mean?
A reading of 0.00 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/epow-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/epow-vs-qqq/)
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Related comparisons
Hubs: EPOW correlations · QQQ correlations
