HUBC vs QQQ: Correlation
How closely do Hub Cyber Security Ltd. (HUBC) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.09, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUBC and QQQ?
Across a 3-year window, the weekly returns of HUBC and QQQ correlate at 0.09, near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.25 versus 0.09 over 3 years. Stretching to 5 years gives 0.04, with an annualized covariance of 344.1 %².
Out of 12 assets tracked against HUBC, QQQ lands near the bottom at #8. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 126.3 percentage points (-100.0% for HUBC against +26.3% for QQQ). One caveat on sizing: HUBC is 9.7 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.
HUBC vs QQQ: side by side
| HUBC (Hub Cyber Security Ltd.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -100.0% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 189.4% | 19.6% |
| Beta vs S&P 500 | 1.46 | 1.28 |
| Max drawdown (3Y) | -100.0% | -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 | HUBC | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | -98.2% | +54.9% |
| 2024 | -68.2% | +25.6% |
| 2025 | -94.4% | +20.8% |
| 2026 | -100.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUBC and QQQ good diversifiers for each other?
Yes. With a correlation of 0.09, HUBC and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HUBC and QQQ?
The HUBC/QQQ correlation stands at 0.09 on a 3-year window (1 year: 0.25, 5 years: 0.04), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for HUBC?
Yes. With a correlation of 0.09, HUBC and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.09 mean?
On the −1 to +1 scale, 0.09 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
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Related comparisons
Hubs: HUBC correlations · QQQ correlations
