MDBH vs QQQ: Correlation
How closely do MDB Capital Holdings, LLC - Class A common (MDBH) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.03, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MDBH and QQQ?
Over the past 3 years, MDBH and QQQ moved with a correlation of 0.03, which is near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.32) runs above the 3-year figure (0.03). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 37.3 %².
Among the 10 assets we track against MDBH, QQQ sits near the bottom by co-movement, at rank #7. The last year tells two different stories: QQQ led by 42.2 percentage points, -15.9% for MDBH against +26.3% for QQQ. One caveat on sizing: MDBH is 3.2 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.
MDBH vs QQQ: side by side
| MDBH (MDB Capital Holdings, LLC - Class A common) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -15.9% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 63.1% | 19.6% |
| Beta vs S&P 500 | 0.25 | 1.28 |
| Max drawdown (3Y) | -78.6% | -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 | MDBH | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | -45.4% | +25.6% |
| 2025 | -48.5% | +20.8% |
| 2026 | -10.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MDBH and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.03 means the two rarely move for the same reasons.
FAQ
What is the correlation between MDBH and QQQ?
As of 2026-08-27, the correlation of weekly returns between MDBH and QQQ is 0.03 over 3 years, 0.32 over 1 year and n/a over 5 years.
Is QQQ a good diversifier for MDBH?
By historical standards, yes. A correlation of 0.03 means the two rarely move for the same reasons.
What does a correlation of 0.03 mean?
On the −1 to +1 scale, 0.03 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.
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Related comparisons
Hubs: MDBH correlations · QQQ correlations
