IA vs QQQ: Correlation
How closely do Innovative Solutions and Support, Inc. (IA) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.25, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IA and QQQ?
Across a 3-year window, the weekly returns of IA and QQQ correlate at 0.25, weak. The past 12 months show a weaker link (0.09) than the 3-year average (0.25). Stretching to 5 years gives 0.20, with an annualized covariance of 323.9 %².
QQQ is close to the least connected end of IA's tracked universe, ranking #7 of 10. The last year tells two different stories: IA led by 31.4 percentage points, +57.7% for IA against +26.3% for QQQ. Note the risk asymmetry: IA runs 3.4 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.
IA vs QQQ: side by side
| IA (Innovative Solutions and Support, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +57.7% | +26.3% |
| 5-year return | +202.0% | +95.4% |
| Volatility (ann.) | 67.2% | 19.6% |
| Beta vs S&P 500 | 1.21 | 1.28 |
| Max drawdown (3Y) | -57.8% | -22.8% |
| Market cap | $0.4B | – |
| P/E (trailing) | 20.4 | – |
| 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 | IA | QQQ |
|---|---|---|
| 2022 | +25.3% | -32.6% |
| 2023 | +3.8% | +54.9% |
| 2024 | +0.1% | +25.6% |
| 2025 | +121.8% | +20.8% |
| 2026 | +11.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IA and QQQ good diversifiers for each other?
Reasonably. At 0.25, IA and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IA and QQQ?
The IA/QQQ correlation stands at 0.25 on a 3-year window (1 year: 0.09, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for IA?
Reasonably. At 0.25, IA and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.25 mean?
A reading of 0.25 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/ia-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ia-vs-qqq/)
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Related comparisons
Hubs: IA correlations · QQQ correlations
