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OSRH vs QQQ: Correlation

How closely do OSR Health, Inc. (OSRH) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.04, which is near-zero.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.04
near-zero
Correlation (1Y)
0.15
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
73.6
%² · weekly, annualized

How correlated are OSRH and QQQ?

Across a 3-year window, the weekly returns of OSRH and QQQ correlate at 0.04, near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.15 versus 0.04 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 73.6 %².

QQQ is close to the least connected end of OSRH's tracked universe, ranking #7 of 10. The last year tells two different stories: QQQ led by 109.1 percentage points, -82.8% for OSRH against +26.3% for QQQ. Risk is not evenly split, since OSRH carries 5.1 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.

OSRH vs QQQ: side by side

OSRH (OSR Health, Inc.)QQQ (Invesco QQQ Trust)
1-year return-82.8%+26.3%
5-year returnn/a+95.4%
Volatility (ann.)100.8%19.6%
Beta vs S&P 5000.471.28
Max drawdown (3Y)-99.0%-22.8%
Market cap
P/E (trailing)
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -99.0%

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.

-71%0%+40%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. OSRH · QQQ

Year-by-year returns

YearOSRHQQQ
2022-32.6%
2023+54.9%
2024+9.8%+25.6%
2025-95.1%+20.8%
2026-70.2%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are OSRH and QQQ good diversifiers for each other?

Yes. With a correlation of 0.04, OSRH and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between OSRH and QQQ?

As of 2026-08-27, the correlation of weekly returns between OSRH and QQQ is 0.04 over 3 years, 0.15 over 1 year and n/a over 5 years.

Is QQQ a good diversifier for OSRH?

Yes. With a correlation of 0.04, OSRH and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of 0.04 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.

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OSRH vs QQQ: 3-year weekly correlation 0.04OSRH vs QQQ0.04

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Related comparisons

Hubs: OSRH correlations · QQQ correlations