ISPR vs QQQ: Correlation
Measured on weekly returns over the past three years, Ispire Technology Inc. (ISPR) and Invesco QQQ Trust (QQQ) carry a correlation of 0.16, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ISPR and QQQ?
Over the past 3 years, ISPR and QQQ moved with a correlation of 0.16, which is weak. Recent behaviour matches the longer record: 0.21 over 1 year against 0.16 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 269.3 %².
Out of 10 assets tracked against ISPR, QQQ lands near the bottom at #7. Correlation aside, the last 12 months split them widely, with QQQ ahead by 80.8 points (-54.5% versus +26.3%). Risk is not evenly split, since ISPR carries 4.3 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.
ISPR vs QQQ: side by side
| ISPR (Ispire Technology Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -54.5% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 85.1% | 19.6% |
| Beta vs S&P 500 | 1.12 | 1.28 |
| Max drawdown (3Y) | -93.3% | -22.8% |
| Market cap | $0.1B | – |
| 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 | ISPR | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | -58.5% | +25.6% |
| 2025 | -44.3% | +20.8% |
| 2026 | -49.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ISPR and QQQ good diversifiers for each other?
Yes: at 0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ISPR and QQQ?
Using weekly returns as of 2026-08-27: 0.16 over 3 years, with 0.21 over the last year and n/a over 5 years.
Is QQQ a good diversifier for ISPR?
Yes: at 0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.16 mean?
A reading of 0.16 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/ispr-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ispr-vs-qqq/)
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Related comparisons
Hubs: ISPR correlations · QQQ correlations
