LITS vs QQQ: Correlation
Lite Strategy, Inc. (LITS) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.06.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LITS and QQQ?
On 3 years of weekly data the LITS/QQQ correlation comes out at 0.06, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (0.13) sits close to the 3-year figure. The 5-year figure is 0.13, and annualized covariance runs at 104.0 %².
QQQ is close to the least connected end of LITS's tracked universe, ranking #11 of 14. The last year tells two different stories: QQQ led by 106.9 percentage points, -80.6% for LITS against +26.3% for QQQ. Risk is not evenly split, since LITS 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.
LITS vs QQQ: side by side
| LITS (Lite Strategy, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -80.6% | +26.3% |
| 5-year return | -97.7% | +95.4% |
| Volatility (ann.) | 93.2% | 19.6% |
| Beta vs S&P 500 | 0.44 | 1.28 |
| Max drawdown (3Y) | -89.2% | -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 | LITS | QQQ |
|---|---|---|
| 2022 | -91.0% | -32.6% |
| 2023 | +55.6% | +54.9% |
| 2024 | -57.6% | +25.6% |
| 2025 | -46.3% | +20.8% |
| 2026 | -24.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LITS and QQQ good diversifiers for each other?
Yes: at 0.06, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LITS and QQQ?
As of 2026-08-27, the correlation of weekly returns between LITS and QQQ is 0.06 over 3 years, 0.13 over 1 year and 0.13 over 5 years.
Is QQQ a good diversifier for LITS?
Yes: at 0.06, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.06 mean?
A reading of 0.06 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/lits-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lits-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LITS correlations · QQQ correlations
