NSPR vs QQQ: Correlation
InspireMD Inc. (NSPR) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.00.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NSPR and QQQ?
Across a 3-year window, the weekly returns of NSPR and QQQ correlate at 0.00, near zero, meaning they move largely independently. The past 12 months show a tighter link (0.11) than the 3-year average (0.00). Stretching to 5 years gives 0.15, with an annualized covariance of 3.6 %².
Within NSPR's tracked universe of 13 assets, QQQ comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 89.9 points (-63.6% versus +26.3%). Risk is not evenly split, since NSPR carries 3.0 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.
NSPR vs QQQ: side by side
| NSPR (InspireMD Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -63.6% | +26.3% |
| 5-year return | -80.3% | +95.4% |
| Volatility (ann.) | 58.4% | 19.6% |
| Beta vs S&P 500 | 0.05 | 1.28 |
| Max drawdown (3Y) | -82.8% | -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 | NSPR | QQQ |
|---|---|---|
| 2022 | -71.5% | -32.6% |
| 2023 | +226.7% | +54.9% |
| 2024 | -6.4% | +25.6% |
| 2025 | -32.3% | +20.8% |
| 2026 | -50.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NSPR 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 NSPR and QQQ?
As of 2026-08-27, the correlation of weekly returns between NSPR and QQQ is 0.00 over 3 years, 0.11 over 1 year and 0.15 over 5 years.
Is QQQ a good diversifier for NSPR?
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?
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/nspr-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nspr-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NSPR correlations · QQQ correlations
