PETZ vs QQQ: Correlation
How closely do TDH Holdings, Inc. (PETZ) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.09, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PETZ and QQQ?
On 3 years of weekly data the PETZ/QQQ correlation comes out at 0.09, near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.25 versus 0.09 over 3 years. The 5-year figure is 0.23, and annualized covariance runs at 103.2 %².
Out of 11 assets tracked against PETZ, QQQ lands near the bottom at #7. Their 12-month results are close: +27.4% for PETZ against +26.3% for QQQ. Risk is not evenly split, since PETZ carries 3.0 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.
PETZ vs QQQ: side by side
| PETZ (TDH Holdings, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +27.4% | +26.3% |
| 5-year return | -97.2% | +95.4% |
| Volatility (ann.) | 58.5% | 19.6% |
| Beta vs S&P 500 | 0.40 | 1.28 |
| Max drawdown (3Y) | -51.2% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 6.9 | – |
| 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 | PETZ | QQQ |
|---|---|---|
| 2022 | -98.0% | -32.6% |
| 2023 | -25.8% | +54.9% |
| 2024 | +8.7% | +25.6% |
| 2025 | -27.2% | +20.8% |
| 2026 | +37.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PETZ and QQQ good diversifiers for each other?
Yes. With a correlation of 0.09, PETZ and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PETZ and QQQ?
As of 2026-08-27, the correlation of weekly returns between PETZ and QQQ is 0.09 over 3 years, 0.25 over 1 year and 0.23 over 5 years.
Is QQQ a good diversifier for PETZ?
Yes. With a correlation of 0.09, PETZ and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.09 mean?
A reading of 0.09 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/petz-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/petz-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PETZ correlations · QQQ correlations
