JDZG vs QQQ: Correlation
JIADE LIMITED - Class A (JDZG) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is -0.00.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JDZG and QQQ?
Across a 3-year window, the weekly returns of JDZG and QQQ correlate at -0.00, near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of -0.04 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -1.3 %².
By 3-year correlation, QQQ places #11 of the 25 assets tracked against JDZG. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 125.6 percentage points (-99.3% for JDZG against +26.3% for QQQ). Note the risk asymmetry: JDZG runs 12.9 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.
JDZG vs QQQ: side by side
| JDZG (JIADE LIMITED - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -99.3% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 252.5% | 19.6% |
| Beta vs S&P 500 | 0.21 | 1.28 |
| Max drawdown (3Y) | -100.0% | -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 | JDZG | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | – | +25.6% |
| 2025 | -88.0% | +20.8% |
| 2026 | -98.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JDZG and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of -0.00 means the two rarely move for the same reasons.
FAQ
What is the correlation between JDZG and QQQ?
The JDZG/QQQ correlation stands at -0.00 on a 3-year window (1 year: -0.04, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for JDZG?
By historical standards, yes. A correlation of -0.00 means the two rarely move for the same reasons.
What does a correlation of -0.00 mean?
A reading of -0.00 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/jdzg-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/jdzg-vs-qqq/)
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Related comparisons
Hubs: JDZG correlations · QQQ correlations
