IFN vs QQQ: Correlation
Aberdeen India Fund, Inc. (IFN) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IFN and QQQ?
Over the past 3 years, IFN and QQQ moved with a correlation of 0.48, which is moderate. The relationship has been stable: the 1-year correlation (0.50) sits close to the 3-year figure. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 189.2 %².
Out of 12 assets tracked against IFN, QQQ lands near the bottom at #8. The last year tells two different stories: QQQ led by 40.3 percentage points, -14.0% for IFN against +26.3% for QQQ.
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.
IFN vs QQQ: side by side
| IFN (Aberdeen India Fund, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -14.0% | +26.3% |
| 5-year return | +1.4% | +95.4% |
| Volatility (ann.) | 20.3% | 19.6% |
| Beta vs S&P 500 | 0.74 | 1.28 |
| Max drawdown (3Y) | -33.9% | -22.8% |
| Market cap | $0.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 19.23% | 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 | IFN | QQQ |
|---|---|---|
| 2022 | -15.8% | -32.6% |
| 2023 | +36.5% | +54.9% |
| 2024 | -2.3% | +25.6% |
| 2025 | -3.0% | +20.8% |
| 2026 | -7.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IFN and QQQ good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between IFN and QQQ?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.50 over the last year and 0.51 over 5 years.
Is QQQ a good diversifier for IFN?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
A reading of 0.48 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/ifn-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ifn-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IFN correlations · QQQ correlations
