FNGR vs QQQ: Correlation
Measured on weekly returns over the past three years, FingerMotion, Inc. (FNGR) and Invesco QQQ Trust (QQQ) carry a correlation of 0.14, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNGR and QQQ?
Over the past 3 years, FNGR and QQQ moved with a correlation of 0.14, which is weak. Recent behaviour matches the longer record: 0.19 over 1 year against 0.14 over 3. Over 5 years the correlation is 0.04, and the annualized covariance of weekly returns is 260.7 %².
QQQ is close to the least connected end of FNGR's tracked universe, ranking #7 of 10. Correlation aside, the last 12 months split them widely, with QQQ ahead by 115.5 points (-89.2% versus +26.3%). Note the risk asymmetry: FNGR runs 4.8 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.
FNGR vs QQQ: side by side
| FNGR (FingerMotion, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -89.2% | +26.3% |
| 5-year return | -96.1% | +95.4% |
| Volatility (ann.) | 94.3% | 19.6% |
| Beta vs S&P 500 | 0.99 | 1.28 |
| Max drawdown (3Y) | -97.9% | -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 | FNGR | QQQ |
|---|---|---|
| 2022 | -60.5% | -32.6% |
| 2023 | +43.1% | +54.9% |
| 2024 | -70.1% | +25.6% |
| 2025 | +2.5% | +20.8% |
| 2026 | -85.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNGR and QQQ good diversifiers for each other?
Yes: at 0.14, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FNGR and QQQ?
As of 2026-08-27, the correlation of weekly returns between FNGR and QQQ is 0.14 over 3 years, 0.19 over 1 year and 0.04 over 5 years.
Is QQQ a good diversifier for FNGR?
Yes: at 0.14, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.14 mean?
On the −1 to +1 scale, 0.14 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/fngr-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fngr-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FNGR correlations · QQQ correlations
