LSF vs QQQ: Correlation
Laird Superfood, Inc. (LSF) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.07.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSF and QQQ?
Across a 3-year window, the weekly returns of LSF and QQQ correlate at 0.07, near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.39) runs above the 3-year figure (0.07). Stretching to 5 years gives 0.11, with an annualized covariance of 259.8 %².
Out of 14 assets tracked against LSF, QQQ lands near the bottom at #11. The last year tells two different stories: QQQ led by 58.9 percentage points, -32.6% for LSF against +26.3% for QQQ. Risk is not evenly split, since LSF carries 9.4 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.
LSF vs QQQ: side by side
| LSF (Laird Superfood, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -32.6% | +26.3% |
| 5-year return | -79.5% | +95.4% |
| Volatility (ann.) | 183.4% | 19.6% |
| Beta vs S&P 500 | 1.17 | 1.28 |
| Max drawdown (3Y) | -79.9% | -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 | LSF | QQQ |
|---|---|---|
| 2022 | -93.6% | -32.6% |
| 2023 | +8.3% | +54.9% |
| 2024 | +765.9% | +25.6% |
| 2025 | -71.8% | +20.8% |
| 2026 | +74.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSF and QQQ good diversifiers for each other?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LSF and QQQ?
As of 2026-08-27, the correlation of weekly returns between LSF and QQQ is 0.07 over 3 years, 0.39 over 1 year and 0.11 over 5 years.
Is QQQ a good diversifier for LSF?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.07 mean?
A reading of 0.07 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/lsf-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lsf-vs-qqq/)
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Related comparisons
Hubs: LSF correlations · QQQ correlations
