NIVF vs QQQ: Correlation
NewGenIvf Group Limited - Class A (NIVF) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.12.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NIVF and QQQ?
On 3 years of weekly data the NIVF/QQQ correlation comes out at 0.12, weak. The past 12 months show a tighter link (0.30) than the 3-year average (0.12). The 5-year figure is 0.09, and annualized covariance runs at 1875.6 %².
Among the 37 assets we track against NIVF, QQQ ranks #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 126.2 points (-99.9% versus +26.3%). Risk is not evenly split, since NIVF carries 40.8 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.
NIVF vs QQQ: side by side
| NIVF (NewGenIvf Group Limited - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -99.9% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 800.3% | 19.6% |
| Beta vs S&P 500 | 5.34 | 1.28 |
| Max drawdown (3Y) | -100.0% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | – |
| 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 | NIVF | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | +6.9% | +54.9% |
| 2024 | -96.3% | +25.6% |
| 2025 | -99.3% | +20.8% |
| 2026 | -98.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NIVF and QQQ good diversifiers for each other?
Yes. With a correlation of 0.12, NIVF and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between NIVF and QQQ?
As of 2026-08-27, the correlation of weekly returns between NIVF and QQQ is 0.12 over 3 years, 0.30 over 1 year and 0.09 over 5 years.
Is QQQ a good diversifier for NIVF?
Yes. With a correlation of 0.12, NIVF and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.12 mean?
A reading of 0.12 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/nivf-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nivf-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NIVF correlations · QQQ correlations
