HFFG vs QQQ: Correlation
HF Foods Group Inc. (HFFG) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HFFG and QQQ?
On 3 years of weekly data the HFFG/QQQ correlation comes out at 0.15, weak. Recent behaviour matches the longer record: 0.24 over 1 year against 0.15 over 3. The 5-year figure is 0.24, and annualized covariance runs at 199.6 %².
Among the 13 assets we track against HFFG, QQQ sits near the bottom by co-movement, at rank #9. The last year tells two different stories: QQQ led by 74.7 percentage points, -48.4% for HFFG against +26.3% for QQQ. Note the risk asymmetry: HFFG runs 3.5 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.
HFFG vs QQQ: side by side
| HFFG (HF Foods Group Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -48.4% | +26.3% |
| 5-year return | -69.2% | +95.4% |
| Volatility (ann.) | 67.7% | 19.6% |
| Beta vs S&P 500 | 0.86 | 1.28 |
| Max drawdown (3Y) | -75.7% | -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 | HFFG | QQQ |
|---|---|---|
| 2022 | -52.0% | -32.6% |
| 2023 | +31.5% | +54.9% |
| 2024 | -39.9% | +25.6% |
| 2025 | -33.0% | +20.8% |
| 2026 | -16.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HFFG and QQQ good diversifiers for each other?
Yes: at 0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between HFFG and QQQ?
The HFFG/QQQ correlation stands at 0.15 on a 3-year window (1 year: 0.24, 5 years: 0.24), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for HFFG?
Yes: at 0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.15 mean?
On the −1 to +1 scale, 0.15 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/hffg-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hffg-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HFFG correlations · QQQ correlations
