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LPSN vs QQQ: Correlation

How closely do LivePerson, Inc. (LPSN) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.22, which is weak.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.22
weak
Correlation (1Y)
0.37
last 12 months
Correlation (5Y)
0.27
long-run
Ann. covariance
460.2
%² · weekly, annualized

How correlated are LPSN and QQQ?

On 3 years of weekly data the LPSN/QQQ correlation comes out at 0.22, weak. The past 12 months show a tighter link (0.37) than the 3-year average (0.22). The 5-year figure is 0.27, and annualized covariance runs at 460.2 %².

Among the 14 assets we track against LPSN, QQQ sits near the bottom by co-movement, at rank #11. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 109.2 percentage points (-82.9% for LPSN against +26.3% for QQQ). One caveat on sizing: LPSN is 5.4 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.

LPSN vs QQQ: side by side

LPSN (LivePerson, Inc.)QQQ (Invesco QQQ Trust)
1-year return-82.9%+26.3%
5-year return-99.7%+95.4%
Volatility (ann.)105.2%19.6%
Beta vs S&P 5002.051.28
Max drawdown (3Y)-97.8%-22.8%
Market cap
P/E (trailing)
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -97.8%Higher 5y return: QQQ +95.4% vs -99.7%

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.

-89%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. LPSN · QQQ

Year-by-year returns

YearLPSNQQQ
2022-71.6%-32.6%
2023-62.6%+54.9%
2024-59.9%+25.6%
2025-83.0%+20.8%
2026-27.9%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LPSN and QQQ good diversifiers for each other?

A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between LPSN and QQQ?

Using weekly returns as of 2026-08-27: 0.22 over 3 years, with 0.37 over the last year and 0.27 over 5 years.

Is QQQ a good diversifier for LPSN?

A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.22 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.

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LPSN vs QQQ: 3-year weekly correlation 0.22LPSN vs QQQ0.22

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Hubs: LPSN correlations · QQQ correlations