INLX vs QQQ: Correlation
Intellinetics, Inc. (INLX) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is -0.02.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INLX and QQQ?
On 3 years of weekly data the INLX/QQQ correlation comes out at -0.02, near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of 0.02 lands near the 3-year figure. The 5-year figure is 0.08, and annualized covariance runs at -20.4 %².
By 3-year correlation, QQQ places #6 of the 24 assets tracked against INLX. The last year tells two different stories: QQQ led by 72.7 percentage points, -46.4% for INLX against +26.3% for QQQ. Risk is not evenly split, since INLX carries 3.1 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.
INLX vs QQQ: side by side
| INLX (Intellinetics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -46.4% | +26.3% |
| 5-year return | +7.4% | +95.4% |
| Volatility (ann.) | 60.0% | 19.6% |
| Beta vs S&P 500 | -0.07 | 1.28 |
| Max drawdown (3Y) | -65.9% | -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 | INLX | QQQ |
|---|---|---|
| 2022 | -43.5% | -32.6% |
| 2023 | +18.5% | +54.9% |
| 2024 | +171.7% | +25.6% |
| 2025 | -42.0% | +20.8% |
| 2026 | -34.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INLX and QQQ good diversifiers for each other?
Yes: at -0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between INLX and QQQ?
The INLX/QQQ correlation stands at -0.02 on a 3-year window (1 year: 0.02, 5 years: 0.08), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for INLX?
Yes: at -0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.02 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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[](https://www.pairbook.io/pair/inlx-vs-qqq/)
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Related comparisons
Hubs: INLX correlations · QQQ correlations
