JAKK vs QQQ: Correlation
How closely do JAKKS Pacific, Inc. (JAKK) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.23, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JAKK and QQQ?
Across a 3-year window, the weekly returns of JAKK and QQQ correlate at 0.23, weak. The relationship has been stable: the 1-year correlation (0.14) sits close to the 3-year figure. Stretching to 5 years gives 0.26, with an annualized covariance of 244.7 %².
Among the 12 assets we track against JAKK, QQQ sits near the bottom by co-movement, at rank #8. Correlation aside, the last 12 months split them widely, with JAKK ahead by 22.6 points (+48.9% versus +26.3%). One caveat on sizing: JAKK is 2.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
JAKK vs QQQ: side by side
| JAKK (JAKKS Pacific, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +48.9% | +26.3% |
| 5-year return | +96.2% | +95.4% |
| Volatility (ann.) | 54.5% | 19.6% |
| Beta vs S&P 500 | 1.20 | 1.28 |
| Max drawdown (3Y) | -57.3% | -22.8% |
| Market cap | $0.3B | – |
| P/E (trailing) | 18.2 | – |
| Dividend yield | 3.90% | 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 | JAKK | QQQ |
|---|---|---|
| 2022 | +72.1% | -32.6% |
| 2023 | +103.3% | +54.9% |
| 2024 | -20.8% | +25.6% |
| 2025 | -36.9% | +20.8% |
| 2026 | +55.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JAKK and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.23 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between JAKK and QQQ?
As of 2026-08-27, the correlation of weekly returns between JAKK and QQQ is 0.23 over 3 years, 0.14 over 1 year and 0.26 over 5 years.
Is QQQ a good diversifier for JAKK?
Yes, to a useful degree: a correlation of 0.23 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.23 mean?
On the −1 to +1 scale, 0.23 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: JAKK correlations · QQQ correlations
