FTHM vs QQQ: Correlation
How closely do Fathom Holdings Inc. (FTHM) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.24, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTHM and QQQ?
Across a 3-year window, the weekly returns of FTHM and QQQ correlate at 0.24, weak. The relationship has been stable: the 1-year correlation (0.23) sits close to the 3-year figure. Stretching to 5 years gives 0.25, with an annualized covariance of 605.9 %².
By 3-year correlation, QQQ places #9 of the 16 assets tracked against FTHM. Correlation aside, the last 12 months split them widely, with QQQ ahead by 87.6 points (-61.3% versus +26.3%). Risk is not evenly split, since FTHM carries 6.7 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.
FTHM vs QQQ: side by side
| FTHM (Fathom Holdings Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -61.3% | +26.3% |
| 5-year return | -97.7% | +95.4% |
| Volatility (ann.) | 130.4% | 19.6% |
| Beta vs S&P 500 | 2.16 | 1.28 |
| Max drawdown (3Y) | -93.5% | -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 | FTHM | QQQ |
|---|---|---|
| 2022 | -79.2% | -32.6% |
| 2023 | -15.5% | +54.9% |
| 2024 | -57.4% | +25.6% |
| 2025 | -34.0% | +20.8% |
| 2026 | -34.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTHM and QQQ good diversifiers for each other?
Reasonably. At 0.24, FTHM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FTHM and QQQ?
As of 2026-08-27, the correlation of weekly returns between FTHM and QQQ is 0.24 over 3 years, 0.23 over 1 year and 0.25 over 5 years.
Is QQQ a good diversifier for FTHM?
Reasonably. At 0.24, FTHM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 mean?
A reading of 0.24 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/fthm-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fthm-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FTHM correlations · QQQ correlations
