FAMI vs QQQ: Correlation
How closely do Farmmi, Inc. - Class A (FAMI) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.18, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FAMI and QQQ?
Across a 3-year window, the weekly returns of FAMI and QQQ correlate at 0.18, weak. The relationship has been stable: the 1-year correlation (0.22) sits close to the 3-year figure. Stretching to 5 years gives 0.21, with an annualized covariance of 309.9 %².
By 3-year correlation, QQQ places #6 of the 12 assets tracked against FAMI. Correlation aside, the last 12 months split them widely, with QQQ ahead by 120.4 points (-94.1% versus +26.3%). Note the risk asymmetry: FAMI runs 4.4 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.
FAMI vs QQQ: side by side
| FAMI (Farmmi, Inc. - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -94.1% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 86.9% | 19.6% |
| Beta vs S&P 500 | 0.81 | 1.28 |
| Max drawdown (3Y) | -99.7% | -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 | FAMI | QQQ |
|---|---|---|
| 2022 | -92.7% | -32.6% |
| 2023 | -61.3% | +54.9% |
| 2024 | -75.8% | +25.6% |
| 2025 | -64.7% | +20.8% |
| 2026 | -91.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FAMI and QQQ good diversifiers for each other?
Yes: at 0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FAMI and QQQ?
Using weekly returns as of 2026-08-27: 0.18 over 3 years, with 0.22 over the last year and 0.21 over 5 years.
Is QQQ a good diversifier for FAMI?
Yes: at 0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.18 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
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[](https://www.pairbook.io/pair/fami-vs-qqq/)
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Related comparisons
Hubs: FAMI correlations · QQQ correlations
