INSG vs QQQ: Correlation
Inseego Corp. (INSG) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INSG and QQQ?
Over the past 3 years, INSG and QQQ moved with a correlation of 0.27, which is weak. Little has changed lately, as the 1-year reading of 0.27 lands near the 3-year figure. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 536.7 %².
QQQ is close to the least connected end of INSG's tracked universe, ranking #7 of 10. The last year tells two different stories: QQQ led by 90.7 percentage points, -64.4% for INSG against +26.3% for QQQ. Risk is not evenly split, since INSG carries 5.1 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.
INSG vs QQQ: side by side
| INSG (Inseego Corp.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -64.4% | +26.3% |
| 5-year return | -94.8% | +95.4% |
| Volatility (ann.) | 100.6% | 19.6% |
| Beta vs S&P 500 | 2.19 | 1.28 |
| Max drawdown (3Y) | -80.2% | -22.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | 31.4 | – |
| 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 | INSG | QQQ |
|---|---|---|
| 2022 | -85.6% | -32.6% |
| 2023 | -73.8% | +54.9% |
| 2024 | +366.4% | +25.6% |
| 2025 | +0.1% | +20.8% |
| 2026 | -57.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INSG and QQQ good diversifiers for each other?
Reasonably. At 0.27, INSG and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between INSG and QQQ?
The INSG/QQQ correlation stands at 0.27 on a 3-year window (1 year: 0.27, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for INSG?
Reasonably. At 0.27, INSG and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.27 mean?
On the −1 to +1 scale, 0.27 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:
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Related comparisons
Hubs: INSG correlations · QQQ correlations
