GSUN vs QQQ: Correlation
Golden Sun Technology Group Limited - Class A (GSUN) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.12.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GSUN and QQQ?
Over the past 3 years, GSUN and QQQ moved with a correlation of 0.12, which is weak. The relationship has been stable: the 1-year correlation (0.20) sits close to the 3-year figure. Over 5 years the correlation is 0.10, and the annualized covariance of weekly returns is 272.0 %².
Among the 10 assets we track against GSUN, QQQ sits near the bottom by co-movement, at rank #7. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 114.2 percentage points (-87.9% for GSUN against +26.3% for QQQ). Note the risk asymmetry: GSUN runs 6.2 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.
GSUN vs QQQ: side by side
| GSUN (Golden Sun Technology Group Limited - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -87.9% | +26.3% |
| 5-year return | -99.8% | +95.4% |
| Volatility (ann.) | 120.6% | 19.6% |
| Beta vs S&P 500 | 1.12 | 1.28 |
| Max drawdown (3Y) | -98.1% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 0.6 | – |
| 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 | GSUN | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | -46.3% | +54.9% |
| 2024 | -55.0% | +25.6% |
| 2025 | -57.2% | +20.8% |
| 2026 | -70.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GSUN and QQQ good diversifiers for each other?
Yes: at 0.12, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GSUN and QQQ?
Using weekly returns as of 2026-08-27: 0.12 over 3 years, with 0.20 over the last year and 0.10 over 5 years.
Is QQQ a good diversifier for GSUN?
Yes: at 0.12, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.12 mean?
A reading of 0.12 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: GSUN correlations · QQQ correlations
