LIQT vs QQQ: Correlation
How closely do LiqTech International, Inc. (LIQT) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.17, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LIQT and QQQ?
Across a 3-year window, the weekly returns of LIQT and QQQ correlate at 0.17, weak. Recent behaviour matches the longer record: 0.09 over 1 year against 0.17 over 3. Stretching to 5 years gives 0.19, with an annualized covariance of 222.6 %².
By 3-year correlation, QQQ places #6 of the 12 assets tracked against LIQT. Correlation aside, the last 12 months split them widely, with QQQ ahead by 97.4 points (-71.1% versus +26.3%). Risk is not evenly split, since LIQT carries 3.5 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.
LIQT vs QQQ: side by side
| LIQT (LiqTech International, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -71.1% | +26.3% |
| 5-year return | -98.6% | +95.4% |
| Volatility (ann.) | 68.6% | 19.6% |
| Beta vs S&P 500 | 0.75 | 1.28 |
| Max drawdown (3Y) | -87.4% | -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 | LIQT | QQQ |
|---|---|---|
| 2022 | -93.4% | -32.6% |
| 2023 | +12.2% | +54.9% |
| 2024 | -46.0% | +25.6% |
| 2025 | -20.7% | +20.8% |
| 2026 | -61.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LIQT and QQQ good diversifiers for each other?
Yes: at 0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LIQT and QQQ?
The LIQT/QQQ correlation stands at 0.17 on a 3-year window (1 year: 0.09, 5 years: 0.19), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for LIQT?
Yes: at 0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.17 mean?
On the −1 to +1 scale, 0.17 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
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Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/liqt-vs-qqq/)
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Related comparisons
Hubs: LIQT correlations · QQQ correlations
