NTIP vs QQQ: Correlation
How closely do Network-1 Technologies, Inc. (NTIP) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of -0.05, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NTIP and QQQ?
Across a 3-year window, the weekly returns of NTIP and QQQ correlate at -0.05, near zero, meaning they move largely independently. Lately the two have drifted apart, with the 1-year correlation at -0.16 versus -0.05 over 3 years. Stretching to 5 years gives 0.06, with an annualized covariance of -29.6 %².
Among the 14 assets we track against NTIP, QQQ ranks #7 by 3-year correlation. The trailing year gives QQQ the advantage: +12.5% versus +26.3%, a 13.8-point spread. Risk is not evenly split, since NTIP carries 1.6 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.
NTIP vs QQQ: side by side
| NTIP (Network-1 Technologies, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +12.5% | +26.3% |
| 5-year return | -36.5% | +95.4% |
| Volatility (ann.) | 30.6% | 19.6% |
| Beta vs S&P 500 | -0.04 | 1.28 |
| Max drawdown (3Y) | -49.9% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 6.37% | 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 | NTIP | QQQ |
|---|---|---|
| 2022 | -18.7% | -32.6% |
| 2023 | +3.5% | +54.9% |
| 2024 | -35.6% | +25.6% |
| 2025 | +5.4% | +20.8% |
| 2026 | +21.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NTIP and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of -0.05 means the two rarely move for the same reasons.
FAQ
What is the correlation between NTIP and QQQ?
The NTIP/QQQ correlation stands at -0.05 on a 3-year window (1 year: -0.16, 5 years: 0.06), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for NTIP?
By historical standards, yes. A correlation of -0.05 means the two rarely move for the same reasons.
What does a correlation of -0.05 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/ntip-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ntip-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NTIP correlations · QQQ correlations
