OMH vs QQQ: Correlation
Ohmyhome Limited - Class A (OMH) and Invesco QQQ Trust (QQQ) show a negative relationship: their 3-year correlation of weekly returns is -0.10.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMH and QQQ?
Across a 3-year window, the weekly returns of OMH and QQQ correlate at -0.10, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.03 over 1 year against -0.10 over 3. Stretching to 5 years gives n/a, with an annualized covariance of -899.8 %².
Within OMH's tracked universe of 72 assets, QQQ comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 119.9 percentage points (-93.6% for OMH against +26.3% for QQQ). Note the risk asymmetry: OMH runs 22.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
OMH vs QQQ: side by side
| OMH (Ohmyhome Limited - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -93.6% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 448.2% | 19.6% |
| Beta vs S&P 500 | -3.85 | 1.28 |
| Max drawdown (3Y) | -97.9% | -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 | OMH | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | -73.9% | +25.6% |
| 2025 | +102.0% | +20.8% |
| 2026 | -90.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMH and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of -0.10 means the two rarely move for the same reasons.
FAQ
What is the correlation between OMH and QQQ?
As of 2026-08-27, the correlation of weekly returns between OMH and QQQ is -0.10 over 3 years, -0.03 over 1 year and n/a over 5 years.
Is QQQ a good diversifier for OMH?
By historical standards, yes. A correlation of -0.10 means the two rarely move for the same reasons.
What does a correlation of -0.10 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/omh-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/omh-vs-qqq/)
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Related comparisons
Hubs: OMH correlations · QQQ correlations
