OLB vs QQQ: Correlation
How closely do The OLB Group, Inc. (OLB) 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 OLB and QQQ?
Over the past 3 years, OLB and QQQ moved with a correlation of 0.20, which is weak. Little has changed lately, as the 1-year reading of 0.12 lands near the 3-year figure. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 450.2 %².
QQQ is close to the least connected end of OLB's tracked universe, ranking #6 of 10. Correlation aside, the last 12 months split them widely, with QQQ ahead by 99.2 points (-72.9% versus +26.3%). One caveat on sizing: OLB is 5.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
OLB vs QQQ: side by side
| OLB (The OLB Group, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -72.9% | +26.3% |
| 5-year return | -99.2% | +95.4% |
| Volatility (ann.) | 114.0% | 19.6% |
| Beta vs S&P 500 | 1.51 | 1.28 |
| Max drawdown (3Y) | -97.5% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 0.2 | – |
| 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 | OLB | QQQ |
|---|---|---|
| 2022 | -68.3% | -32.6% |
| 2023 | +26.4% | +54.9% |
| 2024 | -80.5% | +25.6% |
| 2025 | -70.1% | +20.8% |
| 2026 | -50.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OLB 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 OLB and QQQ?
The OLB/QQQ correlation stands at 0.20 on a 3-year window (1 year: 0.12, 5 years: 0.24), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for OLB?
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?
On the −1 to +1 scale, 0.20 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/olb-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/olb-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OLB correlations · QQQ correlations
