LFST vs QQQ: Correlation
LifeStance Health Group, Inc. (LFST) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.16.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LFST and QQQ?
On 3 years of weekly data the LFST/QQQ correlation comes out at 0.16, weak. Lately the two have drifted apart, with the 1-year correlation at 0.00 versus 0.16 over 3 years. The 5-year figure is 0.30, and annualized covariance runs at 152.9 %².
Out of 11 assets tracked against LFST, QQQ lands near the bottom at #8. Their recent paths diverged sharply: over the last 12 months LFST outperformed by 97.7 percentage points (+124.0% for LFST against +26.3% for QQQ). Risk is not evenly split, since LFST carries 2.5 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.
LFST vs QQQ: side by side
| LFST (LifeStance Health Group, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +124.0% | +26.3% |
| 5-year return | -15.6% | +95.4% |
| Volatility (ann.) | 49.0% | 19.6% |
| Beta vs S&P 500 | 0.73 | 1.28 |
| Max drawdown (3Y) | -56.5% | -22.8% |
| Market cap | $4.7B | – |
| P/E (trailing) | 94.6 | – |
| 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 | LFST | QQQ |
|---|---|---|
| 2022 | -48.1% | -32.6% |
| 2023 | +58.5% | +54.9% |
| 2024 | -5.9% | +25.6% |
| 2025 | -4.5% | +20.8% |
| 2026 | +74.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LFST and QQQ good diversifiers for each other?
Yes: at 0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LFST and QQQ?
The LFST/QQQ correlation stands at 0.16 on a 3-year window (1 year: 0.00, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for LFST?
Yes: at 0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.16 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/lfst-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lfst-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LFST correlations · QQQ correlations
