MNTS vs QQQ: Correlation
Measured on weekly returns over the past three years, Momentus Inc. (MNTS) and Invesco QQQ Trust (QQQ) carry a correlation of 0.22, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNTS and QQQ?
On 3 years of weekly data the MNTS/QQQ correlation comes out at 0.22, weak. Lately the two have moved closer together, with the 1-year correlation at 0.44 versus 0.22 over 3 years. The 5-year figure is 0.24, and annualized covariance runs at 890.0 %².
Out of 15 assets tracked against MNTS, QQQ lands near the bottom at #12. The last year tells two different stories: QQQ led by 109.6 percentage points, -83.3% for MNTS against +26.3% for QQQ. Note the risk asymmetry: MNTS runs 10.5 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.
MNTS vs QQQ: side by side
| MNTS (Momentus Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -83.3% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 205.9% | 19.6% |
| Beta vs S&P 500 | 3.44 | 1.28 |
| Max drawdown (3Y) | -99.9% | -22.8% |
| Market cap | $0.1B | – |
| 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 | MNTS | QQQ |
|---|---|---|
| 2022 | -81.3% | -32.6% |
| 2023 | -95.6% | +54.9% |
| 2024 | -67.3% | +25.6% |
| 2025 | -96.6% | +20.8% |
| 2026 | -12.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNTS and QQQ good diversifiers for each other?
Reasonably. At 0.22, MNTS and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MNTS and QQQ?
The MNTS/QQQ correlation stands at 0.22 on a 3-year window (1 year: 0.44, 5 years: 0.24), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for MNTS?
Reasonably. At 0.22, MNTS and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.22 mean?
A reading of 0.22 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/mnts-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mnts-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MNTS correlations · QQQ correlations
