JTAI vs QQQ: Correlation
How closely do Jet.AI Inc. (JTAI) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of -0.01, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JTAI and QQQ?
Across a 3-year window, the weekly returns of JTAI and QQQ correlate at -0.01, near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.19) than the 3-year average (-0.01). Stretching to 5 years gives -0.01, with an annualized covariance of -34.6 %².
Out of 12 assets tracked against JTAI, QQQ lands near the bottom at #8. The last year tells two different stories: QQQ led by 123.9 percentage points, -97.6% for JTAI against +26.3% for QQQ. One caveat on sizing: JTAI is 11.9 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.
JTAI vs QQQ: side by side
| JTAI (Jet.AI Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -97.6% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 233.8% | 19.6% |
| Beta vs S&P 500 | 0.55 | 1.28 |
| Max drawdown (3Y) | -100.0% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | – |
| 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 | JTAI | QQQ |
|---|---|---|
| 2022 | +5.6% | -32.6% |
| 2023 | -86.2% | +54.9% |
| 2024 | -98.6% | +25.6% |
| 2025 | -87.1% | +20.8% |
| 2026 | -85.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JTAI and QQQ good diversifiers for each other?
Yes. With a correlation of -0.01, JTAI and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between JTAI and QQQ?
The JTAI/QQQ correlation stands at -0.01 on a 3-year window (1 year: -0.19, 5 years: -0.01), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for JTAI?
Yes. With a correlation of -0.01, JTAI and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.01 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/jtai-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/jtai-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JTAI correlations · QQQ correlations
