IZM vs QQQ: Correlation
ICZOOM Group Inc. - Class A (IZM) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.02.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IZM and QQQ?
Over the past 3 years, IZM and QQQ moved with a correlation of 0.02, which is near zero, meaning they move largely independently. The link has loosened recently: the 1-year correlation (-0.12) runs below the 3-year figure (0.02). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 62.9 %².
Among the 10 assets we track against IZM, QQQ sits near the bottom by co-movement, at rank #6. The last year tells two different stories: QQQ led by 116.5 percentage points, -90.2% for IZM against +26.3% for QQQ. Risk is not evenly split, since IZM carries 8.1 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.
IZM vs QQQ: side by side
| IZM (ICZOOM Group Inc. - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -90.2% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 159.2% | 19.6% |
| Beta vs S&P 500 | -0.15 | 1.28 |
| Max drawdown (3Y) | -99.5% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 2.5 | – |
| 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 | IZM | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | -83.8% | +25.6% |
| 2025 | +50.3% | +20.8% |
| 2026 | -90.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IZM and QQQ good diversifiers for each other?
Yes: at 0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between IZM and QQQ?
As of 2026-08-27, the correlation of weekly returns between IZM and QQQ is 0.02 over 3 years, -0.12 over 1 year and n/a over 5 years.
Is QQQ a good diversifier for IZM?
Yes: at 0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.02 mean?
A reading of 0.02 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/izm-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/izm-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IZM correlations · QQQ correlations
