MOBX vs QQQ: Correlation
Measured on weekly returns over the past three years, Mobix Labs, Inc. (MOBX) and Invesco QQQ Trust (QQQ) carry a correlation of -0.00, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MOBX and QQQ?
Across a 3-year window, the weekly returns of MOBX and QQQ correlate at -0.00, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (-0.07) sits close to the 3-year figure. Stretching to 5 years gives -0.00, with an annualized covariance of -9.3 %².
Among the 77 assets we track against MOBX, QQQ ranks #15 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 114.3 points (-88.0% versus +26.3%). Risk is not evenly split, since MOBX carries 17.0 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.
MOBX vs QQQ: side by side
| MOBX (Mobix Labs, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -88.0% | +26.3% |
| 5-year return | -98.8% | +95.4% |
| Volatility (ann.) | 333.1% | 19.6% |
| Beta vs S&P 500 | -0.62 | 1.28 |
| Max drawdown (3Y) | -99.1% | -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 | MOBX | QQQ |
|---|---|---|
| 2022 | +3.8% | -32.6% |
| 2023 | -60.6% | +54.9% |
| 2024 | -57.7% | +25.6% |
| 2025 | -84.3% | +20.8% |
| 2026 | -57.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MOBX and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of -0.00 means the two rarely move for the same reasons.
FAQ
What is the correlation between MOBX and QQQ?
The MOBX/QQQ correlation stands at -0.00 on a 3-year window (1 year: -0.07, 5 years: -0.00), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for MOBX?
By historical standards, yes. A correlation of -0.00 means the two rarely move for the same reasons.
What does a correlation of -0.00 mean?
On the −1 to +1 scale, -0.00 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: MOBX correlations · QQQ correlations
