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HIND vs QQQ: Correlation

Measured on weekly returns over the past three years, Vyome Holdings, Inc. (HIND) and Invesco QQQ Trust (QQQ) carry a correlation of 0.19, a weak link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.19
weak
Correlation (1Y)
0.14
last 12 months
Correlation (5Y)
0.22
long-run
Ann. covariance
392.7
%² · weekly, annualized

How correlated are HIND and QQQ?

On 3 years of weekly data the HIND/QQQ correlation comes out at 0.19, weak. Little has changed lately, as the 1-year reading of 0.14 lands near the 3-year figure. The 5-year figure is 0.22, and annualized covariance runs at 392.7 %².

By 3-year correlation, QQQ places #7 of the 12 assets tracked against HIND. Correlation aside, the last 12 months split them widely, with QQQ ahead by 105.5 points (-79.2% versus +26.3%). Risk is not evenly split, since HIND carries 5.5 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.

HIND vs QQQ: side by side

HIND (Vyome Holdings, Inc.)QQQ (Invesco QQQ Trust)
1-year return-79.2%+26.3%
5-year return-100.0%+95.4%
Volatility (ann.)107.5%19.6%
Beta vs S&P 5001.581.28
Max drawdown (3Y)-100.0%-22.8%
Market cap
P/E (trailing)
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -100.0%Higher 5y return: QQQ +95.4% vs -100.0%

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.

-76%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. HIND · QQQ

Year-by-year returns

YearHINDQQQ
2022-91.8%-32.6%
2023-96.3%+54.9%
2024-69.2%+25.6%
2025-99.2%+20.8%
2026-35.8%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are HIND and QQQ good diversifiers for each other?

By historical standards, yes. A correlation of 0.19 means the two rarely move for the same reasons.

FAQ

What is the correlation between HIND and QQQ?

Using weekly returns as of 2026-08-27: 0.19 over 3 years, with 0.14 over the last year and 0.22 over 5 years.

Is QQQ a good diversifier for HIND?

By historical standards, yes. A correlation of 0.19 means the two rarely move for the same reasons.

What does a correlation of 0.19 mean?

A reading of 0.19 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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HIND vs QQQ: 3-year weekly correlation 0.19HIND vs QQQ0.19

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Hubs: HIND correlations · QQQ correlations