MAMO vs QQQ: Correlation
Measured on weekly returns over the past three years, Massimo Group (MAMO) and Invesco QQQ Trust (QQQ) carry a correlation of 0.06, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAMO and QQQ?
Over the past 3 years, MAMO and QQQ moved with a correlation of 0.06, which is near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (0.06) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 114.7 %².
Within MAMO's tracked universe of 23 assets, QQQ comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 92.4 points (-66.1% versus +26.3%). One caveat on sizing: MAMO is 4.5 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.
MAMO vs QQQ: side by side
| MAMO (Massimo Group) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -66.1% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 87.3% | 19.6% |
| Beta vs S&P 500 | 0.53 | 1.28 |
| Max drawdown (3Y) | -83.6% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 10.0 | – |
| 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 | MAMO | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | – | +25.6% |
| 2025 | +54.9% | +20.8% |
| 2026 | -74.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAMO 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 MAMO and QQQ?
The MAMO/QQQ correlation stands at 0.06 on a 3-year window (1 year: 0.06, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for MAMO?
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?
On the −1 to +1 scale, 0.06 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
$ curl https://www.pairbook.io/api/v1/pairs/mamo-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mamo-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MAMO correlations · QQQ correlations
