FIEE vs QQQ: Correlation
FiEE, Inc (FIEE) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is -0.02.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIEE and QQQ?
On 3 years of weekly data the FIEE/QQQ correlation comes out at -0.02, near zero, meaning they move largely independently. Recent behaviour matches the longer record: -0.02 over 1 year against -0.02 over 3. The 5-year figure is 0.03, and annualized covariance runs at -94.0 %².
By 3-year correlation, QQQ places #7 of the 12 assets tracked against FIEE. The last year tells two different stories: FIEE led by 18.8 percentage points, +45.1% for FIEE against +26.3% for QQQ. Risk is not evenly split, since FIEE carries 14.3 times the volatility of the other side.
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.
FIEE vs QQQ: side by side
| FIEE (FiEE, Inc) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +45.1% | +26.3% |
| 5-year return | -92.3% | +95.4% |
| Volatility (ann.) | 279.4% | 19.6% |
| Beta vs S&P 500 | 0.29 | 1.28 |
| Max drawdown (3Y) | -98.1% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 9.0 | – |
| 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 | FIEE | QQQ |
|---|---|---|
| 2022 | -84.8% | -32.6% |
| 2023 | -58.5% | +54.9% |
| 2024 | -88.8% | +25.6% |
| 2025 | +1359.1% | +20.8% |
| 2026 | +28.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIEE and QQQ good diversifiers for each other?
Yes: at -0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FIEE and QQQ?
Using weekly returns as of 2026-08-27: -0.02 over 3 years, with -0.02 over the last year and 0.03 over 5 years.
Is QQQ a good diversifier for FIEE?
Yes: at -0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.02 mean?
A reading of -0.02 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/fiee-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fiee-vs-qqq/)
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Related comparisons
Hubs: FIEE correlations · QQQ correlations
