MIN vs QQQ: Correlation
How closely do Aberdeen Intermediate Income Fund (MIN) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.19, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MIN and QQQ?
Over the past 3 years, MIN and QQQ moved with a correlation of 0.19, which is weak. Little has changed lately, as the 1-year reading of 0.21 lands near the 3-year figure. Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 30.2 %².
Among the 10 assets we track against MIN, QQQ sits near the bottom by co-movement, at rank #7. The last year tells two different stories: QQQ led by 26.5 percentage points, -0.2% for MIN against +26.3% for QQQ. Note the risk asymmetry: QQQ runs 2.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MIN vs QQQ: side by side
| MIN (Aberdeen Intermediate Income Fund) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -0.2% | +26.3% |
| 5-year return | +4.5% | +95.4% |
| Volatility (ann.) | 8.2% | 19.6% |
| Beta vs S&P 500 | 0.15 | 1.28 |
| Max drawdown (3Y) | -7.1% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 24.5 | – |
| Dividend yield | 9.43% | 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 | MIN | QQQ |
|---|---|---|
| 2022 | -15.7% | -32.6% |
| 2023 | +6.3% | +54.9% |
| 2024 | +8.6% | +25.6% |
| 2025 | +7.2% | +20.8% |
| 2026 | -0.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MIN and QQQ good diversifiers for each other?
Yes. With a correlation of 0.19, MIN and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MIN and QQQ?
Using weekly returns as of 2026-08-27: 0.19 over 3 years, with 0.21 over the last year and 0.20 over 5 years.
Is QQQ a good diversifier for MIN?
Yes. With a correlation of 0.19, MIN and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.19 mean?
A reading of 0.19 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/min-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/min-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MIN correlations · QQQ correlations
