MTEK vs QQQ: Correlation
How closely do Maris-Tech Ltd. (MTEK) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.20, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTEK and QQQ?
Across a 3-year window, the weekly returns of MTEK and QQQ correlate at 0.20, weak. The relationship has been stable: the 1-year correlation (0.27) sits close to the 3-year figure. Stretching to 5 years gives 0.21, with an annualized covariance of 340.7 %².
Among the 12 assets we track against MTEK, QQQ ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 85.0 percentage points (-58.7% for MTEK against +26.3% for QQQ). Risk is not evenly split, since MTEK carries 4.4 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.
MTEK vs QQQ: side by side
| MTEK (Maris-Tech Ltd.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -58.7% | +26.3% |
| 5-year return | -65.4% | +95.4% |
| Volatility (ann.) | 86.5% | 19.6% |
| Beta vs S&P 500 | 1.15 | 1.28 |
| Max drawdown (3Y) | -83.2% | -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 | MTEK | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | +25.3% | +54.9% |
| 2024 | +384.6% | +25.6% |
| 2025 | -77.0% | +20.8% |
| 2026 | -6.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTEK and QQQ good diversifiers for each other?
A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MTEK and QQQ?
As of 2026-08-27, the correlation of weekly returns between MTEK and QQQ is 0.20 over 3 years, 0.27 over 1 year and 0.21 over 5 years.
Is QQQ a good diversifier for MTEK?
A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.20 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mtek-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mtek-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MTEK correlations · QQQ correlations
