LIVE vs QQQ: Correlation
Live Ventures Incorporated (LIVE) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.04.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LIVE and QQQ?
Across a 3-year window, the weekly returns of LIVE and QQQ correlate at 0.04, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (0.09) sits close to the 3-year figure. Stretching to 5 years gives 0.05, with an annualized covariance of 82.7 %².
Among the 15 assets we track against LIVE, QQQ ranks #7 by 3-year correlation. The last year tells two different stories: QQQ led by 79.4 percentage points, -53.1% for LIVE against +26.3% for QQQ. Risk is not evenly split, since LIVE 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.
LIVE vs QQQ: side by side
| LIVE (Live Ventures Incorporated) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -53.1% | +26.3% |
| 5-year return | -76.0% | +95.4% |
| Volatility (ann.) | 94.6% | 19.6% |
| Beta vs S&P 500 | 0.30 | 1.28 |
| Max drawdown (3Y) | -76.8% | -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 | LIVE | QQQ |
|---|---|---|
| 2022 | -0.7% | -32.6% |
| 2023 | -18.8% | +54.9% |
| 2024 | -63.3% | +25.6% |
| 2025 | +58.6% | +20.8% |
| 2026 | -37.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LIVE and QQQ good diversifiers for each other?
Yes. With a correlation of 0.04, LIVE and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LIVE and QQQ?
The LIVE/QQQ correlation stands at 0.04 on a 3-year window (1 year: 0.09, 5 years: 0.05), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for LIVE?
Yes. With a correlation of 0.04, LIVE and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.04 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/live-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/live-vs-qqq/)
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Related comparisons
Hubs: LIVE correlations · QQQ correlations
