LANV vs QQQ: Correlation
How closely do Lanvin Group Holdings Limited (LANV) 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 LANV and QQQ?
Over the past 3 years, LANV and QQQ moved with a correlation of 0.01, which is near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of 0.05 lands near the 3-year figure. Over 5 years the correlation is 0.04, and the annualized covariance of weekly returns is 15.4 %².
Within LANV's tracked universe of 52 assets, QQQ comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 76.8 points (-50.5% versus +26.3%). One caveat on sizing: LANV is 3.6 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.
LANV vs QQQ: side by side
| LANV (Lanvin Group Holdings Limited) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -50.5% | +26.3% |
| 5-year return | -89.7% | +95.4% |
| Volatility (ann.) | 69.7% | 19.6% |
| Beta vs S&P 500 | -0.15 | 1.28 |
| Max drawdown (3Y) | -78.6% | -22.8% |
| Market cap | $0.1B | – |
| 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 | LANV | QQQ |
|---|---|---|
| 2022 | -6.1% | -32.6% |
| 2023 | -67.7% | +54.9% |
| 2024 | -31.9% | +25.6% |
| 2025 | +0.0% | +20.8% |
| 2026 | -50.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LANV and QQQ good diversifiers for each other?
Yes: at 0.01, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LANV and QQQ?
As of 2026-08-27, the correlation of weekly returns between LANV and QQQ is 0.01 over 3 years, 0.05 over 1 year and 0.04 over 5 years.
Is QQQ a good diversifier for LANV?
Yes: at 0.01, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.01 mean?
On the −1 to +1 scale, 0.01 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lanv-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lanv-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LANV correlations · QQQ correlations
