MLGO vs QQQ: Correlation
MicroAlgo, Inc. (MLGO) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is -0.08.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MLGO and QQQ?
Across a 3-year window, the weekly returns of MLGO and QQQ correlate at -0.08, near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.51) runs above the 3-year figure (-0.08). Stretching to 5 years gives -0.04, with an annualized covariance of -758.7 %².
By 3-year correlation, QQQ places #9 of the 33 assets tracked against MLGO. The last year tells two different stories: QQQ led by 79.2 percentage points, -52.9% for MLGO against +26.3% for QQQ. Note the risk asymmetry: MLGO runs 25.0 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.
MLGO vs QQQ: side by side
| MLGO (MicroAlgo, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -52.9% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 489.7% | 19.6% |
| Beta vs S&P 500 | -2.77 | 1.28 |
| Max drawdown (3Y) | -100.0% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 1.9 | – |
| 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 | MLGO | QQQ |
|---|---|---|
| 2022 | -87.6% | -32.6% |
| 2023 | -27.0% | +54.9% |
| 2024 | -97.9% | +25.6% |
| 2025 | -96.1% | +20.8% |
| 2026 | -6.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MLGO and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of -0.08 means the two rarely move for the same reasons.
FAQ
What is the correlation between MLGO and QQQ?
The MLGO/QQQ correlation stands at -0.08 on a 3-year window (1 year: 0.51, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for MLGO?
By historical standards, yes. A correlation of -0.08 means the two rarely move for the same reasons.
What does a correlation of -0.08 mean?
On the −1 to +1 scale, -0.08 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/mlgo-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mlgo-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MLGO correlations · QQQ correlations
