FSI vs QQQ: Correlation
Measured on weekly returns over the past three years, Flexible Solutions International Inc. (FSI) and Invesco QQQ Trust (QQQ) carry a correlation of 0.26, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSI and QQQ?
Across a 3-year window, the weekly returns of FSI and QQQ correlate at 0.26, weak. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. Stretching to 5 years gives 0.20, with an annualized covariance of 365.7 %².
Out of 10 assets tracked against FSI, QQQ lands near the bottom at #7. The last year tells two different stories: QQQ led by 64.7 percentage points, -38.4% for FSI against +26.3% for QQQ. Risk is not evenly split, since FSI carries 3.7 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.
FSI vs QQQ: side by side
| FSI (Flexible Solutions International Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -38.4% | +26.3% |
| 5-year return | +71.9% | +95.4% |
| Volatility (ann.) | 73.1% | 19.6% |
| Beta vs S&P 500 | 1.39 | 1.28 |
| Max drawdown (3Y) | -56.4% | -22.8% |
| Market cap | $0.1B | – |
| 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 | FSI | QQQ |
|---|---|---|
| 2022 | -20.3% | -32.6% |
| 2023 | -37.3% | +54.9% |
| 2024 | +89.0% | +25.6% |
| 2025 | +90.6% | +20.8% |
| 2026 | -11.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSI and QQQ good diversifiers for each other?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FSI and QQQ?
The FSI/QQQ correlation stands at 0.26 on a 3-year window (1 year: 0.34, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for FSI?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.26 mean?
A reading of 0.26 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
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Related comparisons
Hubs: FSI correlations · QQQ correlations
