IQST vs QQQ: Correlation
iQSTEL Inc. (IQST) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IQST and QQQ?
On 3 years of weekly data the IQST/QQQ correlation comes out at 0.21, weak. Recent behaviour matches the longer record: 0.25 over 1 year against 0.21 over 3. The 5-year figure is 0.19, and annualized covariance runs at 330.2 %².
Among the 10 assets we track against IQST, QQQ sits near the bottom by co-movement, at rank #6. The last year tells two different stories: QQQ led by 111.4 percentage points, -85.1% for IQST against +26.3% for QQQ. Note the risk asymmetry: IQST runs 4.2 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.
IQST vs QQQ: side by side
| IQST (iQSTEL Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -85.1% | +26.3% |
| 5-year return | -98.1% | +95.4% |
| Volatility (ann.) | 81.9% | 19.6% |
| Beta vs S&P 500 | 1.03 | 1.28 |
| Max drawdown (3Y) | -97.1% | -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 | IQST | QQQ |
|---|---|---|
| 2022 | -80.1% | -32.6% |
| 2023 | -18.9% | +54.9% |
| 2024 | +100.0% | +25.6% |
| 2025 | -87.7% | +20.8% |
| 2026 | -67.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IQST and QQQ good diversifiers for each other?
Reasonably. At 0.21, IQST and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IQST and QQQ?
As of 2026-08-27, the correlation of weekly returns between IQST and QQQ is 0.21 over 3 years, 0.25 over 1 year and 0.19 over 5 years.
Is QQQ a good diversifier for IQST?
Reasonably. At 0.21, IQST and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.21 mean?
A reading of 0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: IQST correlations · QQQ correlations
