NSTS vs QQQ: Correlation
Measured on weekly returns over the past three years, NSTS Bancorp, Inc. (NSTS) 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 NSTS and QQQ?
Over the past 3 years, NSTS and QQQ moved with a correlation of -0.00, which is near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.23) runs above the 3-year figure (-0.00). Over 5 years the correlation is 0.04, and the annualized covariance of weekly returns is -0.7 %².
By 3-year correlation, QQQ places #8 of the 15 assets tracked against NSTS. Over the last 12 months QQQ came out ahead by 8.4 percentage points (+17.9% against +26.3%).
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.
NSTS vs QQQ: side by side
| NSTS (NSTS Bancorp, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +17.9% | +26.3% |
| 5-year return | +11.4% | +95.4% |
| Volatility (ann.) | 19.0% | 19.6% |
| Beta vs S&P 500 | 0.01 | 1.28 |
| Max drawdown (3Y) | -18.5% | -22.8% |
| Market cap | $0.1B | – |
| 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 | NSTS | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | -6.1% | +54.9% |
| 2024 | +24.1% | +25.6% |
| 2025 | +9.7% | +20.8% |
| 2026 | +8.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NSTS and QQQ good diversifiers for each other?
Yes. With a correlation of -0.00, NSTS and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between NSTS and QQQ?
The NSTS/QQQ correlation stands at -0.00 on a 3-year window (1 year: 0.23, 5 years: 0.04), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for NSTS?
Yes. With a correlation of -0.00, NSTS and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/nsts-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nsts-vs-qqq/)
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Related comparisons
Hubs: NSTS correlations · QQQ correlations
