ITRG vs QQQ: Correlation
Measured on weekly returns over the past three years, Integra Resources Corp. (ITRG) and Invesco QQQ Trust (QQQ) carry a correlation of 0.26, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ITRG and QQQ?
Over the past 3 years, ITRG and QQQ moved with a correlation of 0.26, which is weak. Lately the two have moved closer together, with the 1-year correlation at 0.50 versus 0.26 over 3 years. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 315.3 %².
QQQ is close to the least connected end of ITRG's tracked universe, ranking #9 of 13. On 12-month performance ITRG holds a 13.0-point edge, +39.3% against +26.3%. Note the risk asymmetry: ITRG runs 3.2 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.
ITRG vs QQQ: side by side
| ITRG (Integra Resources Corp.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +39.3% | +26.3% |
| 5-year return | +6.9% | +95.4% |
| Volatility (ann.) | 63.1% | 19.6% |
| Beta vs S&P 500 | 1.11 | 1.28 |
| Max drawdown (3Y) | -55.8% | -22.8% |
| Market cap | $0.6B | – |
| P/E (trailing) | 73.5 | – |
| 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 | ITRG | QQQ |
|---|---|---|
| 2022 | -70.6% | -32.6% |
| 2023 | +67.5% | +54.9% |
| 2024 | -17.9% | +25.6% |
| 2025 | +360.9% | +20.8% |
| 2026 | -26.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ITRG and QQQ good diversifiers for each other?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ITRG and QQQ?
Using weekly returns as of 2026-08-27: 0.26 over 3 years, with 0.50 over the last year and 0.27 over 5 years.
Is QQQ a good diversifier for ITRG?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.26 mean?
A reading of 0.26 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/itrg-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/itrg-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ITRG correlations · QQQ correlations
