IFBD vs QQQ: Correlation
Measured on weekly returns over the past three years, Infobird Co., Ltd (IFBD) and Invesco QQQ Trust (QQQ) carry a correlation of 0.06, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IFBD and QQQ?
On 3 years of weekly data the IFBD/QQQ correlation comes out at 0.06, near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.17) runs above the 3-year figure (0.06). The 5-year figure is 0.12, and annualized covariance runs at 159.6 %².
Among the 14 assets we track against IFBD, QQQ ranks #7 by 3-year correlation. The last year tells two different stories: QQQ led by 38.8 percentage points, -12.5% for IFBD against +26.3% for QQQ. Risk is not evenly split, since IFBD carries 7.4 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.
IFBD vs QQQ: side by side
| IFBD (Infobird Co., Ltd) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -12.5% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 145.7% | 19.6% |
| Beta vs S&P 500 | 0.85 | 1.28 |
| Max drawdown (3Y) | -98.4% | -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 | IFBD | QQQ |
|---|---|---|
| 2022 | -88.9% | -32.6% |
| 2023 | -97.8% | +54.9% |
| 2024 | -78.4% | +25.6% |
| 2025 | -57.9% | +20.8% |
| 2026 | -4.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IFBD and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.06 means the two rarely move for the same reasons.
FAQ
What is the correlation between IFBD and QQQ?
As of 2026-08-27, the correlation of weekly returns between IFBD and QQQ is 0.06 over 3 years, 0.17 over 1 year and 0.12 over 5 years.
Is QQQ a good diversifier for IFBD?
By historical standards, yes. A correlation of 0.06 means the two rarely move for the same reasons.
What does a correlation of 0.06 mean?
On the −1 to +1 scale, 0.06 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.
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Related comparisons
Hubs: IFBD correlations · QQQ correlations
