LAC vs QQQ: Correlation
Measured on weekly returns over the past three years, Lithium Americas Corp. (LAC) and Invesco QQQ Trust (QQQ) carry a correlation of 0.22, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAC and QQQ?
Over the past 3 years, LAC and QQQ moved with a correlation of 0.22, which is weak. Little has changed lately, as the 1-year reading of 0.23 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 410.7 %².
QQQ is close to the least connected end of LAC's tracked universe, ranking #17 of 21. Correlation aside, the last 12 months split them widely, with QQQ ahead by 19.9 points (+6.4% versus +26.3%). Risk is not evenly split, since LAC carries 4.8 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.
LAC vs QQQ: side by side
| LAC (Lithium Americas Corp.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +6.4% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 93.5% | 19.6% |
| Beta vs S&P 500 | 1.37 | 1.28 |
| Max drawdown (3Y) | -81.8% | -22.8% |
| Market cap | $1.2B | – |
| 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 | LAC | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | -53.6% | +25.6% |
| 2025 | +46.8% | +20.8% |
| 2026 | -27.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAC and QQQ good diversifiers for each other?
Reasonably. At 0.22, LAC and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LAC and QQQ?
Using weekly returns as of 2026-08-27: 0.22 over 3 years, with 0.23 over the last year and n/a over 5 years.
Is QQQ a good diversifier for LAC?
Reasonably. At 0.22, LAC and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.22 mean?
A reading of 0.22 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/lac-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lac-vs-qqq/)
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Related comparisons
Hubs: LAC correlations · QQQ correlations
