IPDN vs QQQ: Correlation
How closely do Professional Diversity Network, Inc. (IPDN) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.08, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IPDN and QQQ?
Across a 3-year window, the weekly returns of IPDN and QQQ correlate at 0.08, near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of 0.14 lands near the 3-year figure. Stretching to 5 years gives 0.08, with an annualized covariance of 286.1 %².
Among the 13 assets we track against IPDN, QQQ ranks #7 by 3-year correlation. The last year tells two different stories: QQQ led by 119.8 percentage points, -93.5% for IPDN against +26.3% for QQQ. Note the risk asymmetry: IPDN runs 9.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
IPDN vs QQQ: side by side
| IPDN (Professional Diversity Network, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -93.5% | +26.3% |
| 5-year return | -99.5% | +95.4% |
| Volatility (ann.) | 192.4% | 19.6% |
| Beta vs S&P 500 | 1.06 | 1.28 |
| Max drawdown (3Y) | -99.6% | -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 | IPDN | QQQ |
|---|---|---|
| 2022 | +5.1% | -32.6% |
| 2023 | -1.5% | +54.9% |
| 2024 | -75.4% | +25.6% |
| 2025 | -77.2% | +20.8% |
| 2026 | -89.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IPDN and QQQ good diversifiers for each other?
Yes. With a correlation of 0.08, IPDN and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between IPDN and QQQ?
Using weekly returns as of 2026-08-27: 0.08 over 3 years, with 0.14 over the last year and 0.08 over 5 years.
Is QQQ a good diversifier for IPDN?
Yes. With a correlation of 0.08, IPDN and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.08 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
$ curl https://www.pairbook.io/api/v1/pairs/ipdn-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ipdn-vs-qqq/)
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Related comparisons
Hubs: IPDN correlations · QQQ correlations
