JYD vs QQQ: Correlation
Measured on weekly returns over the past three years, Jayud Global Logistics Limited - Class A (JYD) and Invesco QQQ Trust (QQQ) carry a correlation of 0.14, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JYD and QQQ?
Across a 3-year window, the weekly returns of JYD and QQQ correlate at 0.14, weak. The past 12 months show a weaker link (-0.05) than the 3-year average (0.14). Stretching to 5 years gives n/a, with an annualized covariance of 384.7 %².
Within JYD's tracked universe of 12 assets, QQQ comes in at #7 by 3-year correlation. The last year tells two different stories: QQQ led by 115.8 percentage points, -89.5% for JYD against +26.3% for QQQ. Risk is not evenly split, since JYD carries 7.0 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.
JYD vs QQQ: side by side
| JYD (Jayud Global Logistics Limited - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -89.5% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 136.8% | 19.6% |
| Beta vs S&P 500 | 1.58 | 1.28 |
| Max drawdown (3Y) | -99.8% | -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 | JYD | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | +188.3% | +25.6% |
| 2025 | -96.9% | +20.8% |
| 2026 | -81.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JYD and QQQ good diversifiers for each other?
Yes: at 0.14, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between JYD and QQQ?
As of 2026-08-27, the correlation of weekly returns between JYD and QQQ is 0.14 over 3 years, -0.05 over 1 year and n/a over 5 years.
Is QQQ a good diversifier for JYD?
Yes: at 0.14, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.14 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/jyd-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/jyd-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JYD correlations · QQQ correlations
