FLUX vs QQQ: Correlation
How closely do Flux Power Holdings, Inc. (FLUX) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.20, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLUX and QQQ?
On 3 years of weekly data the FLUX/QQQ correlation comes out at 0.20, weak. The relationship has been stable: the 1-year correlation (0.17) sits close to the 3-year figure. The 5-year figure is 0.33, and annualized covariance runs at 407.4 %².
Out of 10 assets tracked against FLUX, QQQ lands near the bottom at #7. Correlation aside, the last 12 months split them widely, with QQQ ahead by 87.8 points (-61.5% versus +26.3%). Risk is not evenly split, since FLUX carries 5.3 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.
FLUX vs QQQ: side by side
| FLUX (Flux Power Holdings, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -61.5% | +26.3% |
| 5-year return | -92.4% | +95.4% |
| Volatility (ann.) | 103.0% | 19.6% |
| Beta vs S&P 500 | 1.61 | 1.28 |
| Max drawdown (3Y) | -92.3% | -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 | FLUX | QQQ |
|---|---|---|
| 2022 | -7.5% | -32.6% |
| 2023 | +3.5% | +54.9% |
| 2024 | -61.6% | +25.6% |
| 2025 | -19.6% | +20.8% |
| 2026 | -49.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLUX and QQQ good diversifiers for each other?
A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FLUX and QQQ?
The FLUX/QQQ correlation stands at 0.20 on a 3-year window (1 year: 0.17, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for FLUX?
A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.20 mean?
A reading of 0.20 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: FLUX correlations · QQQ correlations
