MF vs QQQ: Correlation
Measured on weekly returns over the past three years, MindForge Inc. - Class A (MF) and Invesco QQQ Trust (QQQ) carry a correlation of 0.04, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MF and QQQ?
On 3 years of weekly data the MF/QQQ correlation comes out at 0.04, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (0.02) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 670.9 %².
QQQ is close to the least connected end of MF's tracked universe, ranking #19 of 23. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 97.9 percentage points (-71.6% for MF against +26.3% for QQQ). Risk is not evenly split, since MF carries 42.4 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.
MF vs QQQ: side by side
| MF (MindForge Inc. - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -71.6% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 830.3% | 19.6% |
| Beta vs S&P 500 | 3.38 | 1.28 |
| Max drawdown (3Y) | -99.7% | -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 | MF | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | – | +25.6% |
| 2025 | -40.7% | +20.8% |
| 2026 | -62.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MF and QQQ good diversifiers for each other?
Yes: at 0.04, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MF and QQQ?
The MF/QQQ correlation stands at 0.04 on a 3-year window (1 year: 0.02, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for MF?
Yes: at 0.04, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.04 mean?
A reading of 0.04 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/mf-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mf-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MF correlations · QQQ correlations
