HYPD vs QQQ: Correlation
How closely do Hyperion DeFi, Inc. (HYPD) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.19, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HYPD and QQQ?
Across a 3-year window, the weekly returns of HYPD and QQQ correlate at 0.19, weak. Little has changed lately, as the 1-year reading of 0.19 lands near the 3-year figure. Stretching to 5 years gives 0.19, with an annualized covariance of 813.8 %².
Among the 14 assets we track against HYPD, QQQ sits near the bottom by co-movement, at rank #11. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 73.8 percentage points (-47.5% for HYPD against +26.3% for QQQ). Risk is not evenly split, since HYPD carries 11.0 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.
HYPD vs QQQ: side by side
| HYPD (Hyperion DeFi, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -47.5% | +26.3% |
| 5-year return | -99.1% | +95.4% |
| Volatility (ann.) | 215.9% | 19.6% |
| Beta vs S&P 500 | 3.08 | 1.28 |
| Max drawdown (3Y) | -99.5% | -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 | HYPD | QQQ |
|---|---|---|
| 2022 | -59.3% | -32.6% |
| 2023 | +27.6% | +54.9% |
| 2024 | -93.0% | +25.6% |
| 2025 | -69.5% | +20.8% |
| 2026 | +1.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HYPD and QQQ good diversifiers for each other?
Yes: at 0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between HYPD and QQQ?
The HYPD/QQQ correlation stands at 0.19 on a 3-year window (1 year: 0.19, 5 years: 0.19), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for HYPD?
Yes: at 0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hypd-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hypd-vs-qqq/)
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Related comparisons
Hubs: HYPD correlations · QQQ correlations
