IDAI vs QQQ: Correlation
Measured on weekly returns over the past three years, T Stamp Inc. (IDAI) and Invesco QQQ Trust (QQQ) carry a correlation of -0.03, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IDAI and QQQ?
Across a 3-year window, the weekly returns of IDAI and QQQ correlate at -0.03, near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.19 versus -0.03 over 3 years. Stretching to 5 years gives -0.01, with an annualized covariance of -301.2 %².
Among the 36 assets we track against IDAI, QQQ ranks #15 by 3-year correlation. Over the last 12 months QQQ came out ahead by 10.8 percentage points (+15.5% against +26.3%). One caveat on sizing: IDAI is 25.8 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.
IDAI vs QQQ: side by side
| IDAI (T Stamp Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +15.5% | +26.3% |
| 5-year return | -76.5% | +95.4% |
| Volatility (ann.) | 505.7% | 19.6% |
| Beta vs S&P 500 | -1.01 | 1.28 |
| Max drawdown (3Y) | -92.9% | -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 | IDAI | QQQ |
|---|---|---|
| 2022 | -88.0% | -32.6% |
| 2023 | -43.0% | +54.9% |
| 2024 | -35.5% | +25.6% |
| 2025 | +342.8% | +20.8% |
| 2026 | -14.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IDAI and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of -0.03 means the two rarely move for the same reasons.
FAQ
What is the correlation between IDAI and QQQ?
Using weekly returns as of 2026-08-27: -0.03 over 3 years, with 0.19 over the last year and -0.01 over 5 years.
Is QQQ a good diversifier for IDAI?
By historical standards, yes. A correlation of -0.03 means the two rarely move for the same reasons.
What does a correlation of -0.03 mean?
On the −1 to +1 scale, -0.03 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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Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/idai-vs-qqq/)
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Related comparisons
Hubs: IDAI correlations · QQQ correlations
