FTFT vs QQQ: Correlation
How closely do Future FinTech Group Inc. (FTFT) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.06, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTFT and QQQ?
On 3 years of weekly data the FTFT/QQQ correlation comes out at 0.06, near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.32) runs above the 3-year figure (0.06). The 5-year figure is 0.14, and annualized covariance runs at 184.8 %².
QQQ is close to the least connected end of FTFT's tracked universe, ranking #15 of 19. Correlation aside, the last 12 months split them widely, with QQQ ahead by 124.7 points (-98.4% versus +26.3%). One caveat on sizing: FTFT is 7.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
FTFT vs QQQ: side by side
| FTFT (Future FinTech Group Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -98.4% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 154.7% | 19.6% |
| Beta vs S&P 500 | 0.87 | 1.28 |
| Max drawdown (3Y) | -99.8% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | – |
| 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 | FTFT | QQQ |
|---|---|---|
| 2022 | -72.2% | -32.6% |
| 2023 | -1.1% | +54.9% |
| 2024 | -83.1% | +25.6% |
| 2025 | -75.2% | +20.8% |
| 2026 | -95.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTFT and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.06 means the two rarely move for the same reasons.
FAQ
What is the correlation between FTFT and QQQ?
The FTFT/QQQ correlation stands at 0.06 on a 3-year window (1 year: 0.32, 5 years: 0.14), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for FTFT?
By historical standards, yes. A correlation of 0.06 means the two rarely move for the same reasons.
What does a correlation of 0.06 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/ftft-vs-qqq/)
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Related comparisons
Hubs: FTFT correlations · QQQ correlations
