MTC vs QQQ: Correlation
How closely do MMTec, Inc. (MTC) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of -0.01, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTC and QQQ?
Over the past 3 years, MTC and QQQ moved with a correlation of -0.01, which is near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.19) than the 3-year average (-0.01). Over 5 years the correlation is 0.05, and the annualized covariance of weekly returns is -54.7 %².
Among the 18 assets we track against MTC, QQQ ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MTC outperformed by 275.8 percentage points (+302.1% for MTC against +26.3% for QQQ). Risk is not evenly split, since MTC carries 13.3 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.
MTC vs QQQ: side by side
| MTC (MMTec, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +302.1% | +26.3% |
| 5-year return | -96.8% | +95.4% |
| Volatility (ann.) | 261.2% | 19.6% |
| Beta vs S&P 500 | 0.26 | 1.28 |
| Max drawdown (3Y) | -99.6% | -22.8% |
| Market cap | $0.4B | – |
| P/E (trailing) | 5.1 | – |
| 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 | MTC | QQQ |
|---|---|---|
| 2022 | -88.3% | -32.6% |
| 2023 | +29.0% | +54.9% |
| 2024 | -80.4% | +25.6% |
| 2025 | +117.8% | +20.8% |
| 2026 | +11.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTC and QQQ good diversifiers for each other?
Yes. With a correlation of -0.01, MTC and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MTC and QQQ?
The MTC/QQQ correlation stands at -0.01 on a 3-year window (1 year: -0.19, 5 years: 0.05), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for MTC?
Yes. With a correlation of -0.01, MTC and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.01 mean?
A reading of -0.01 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/mtc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mtc-vs-qqq/)
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Related comparisons
Hubs: MTC correlations · QQQ correlations
