POET vs QQQ: Correlation
How closely do POET Technologies Inc. (POET) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.26, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are POET and QQQ?
On 3 years of weekly data the POET/QQQ correlation comes out at 0.26, weak. Recent behaviour matches the longer record: 0.32 over 1 year against 0.26 over 3. The 5-year figure is 0.20, and annualized covariance runs at 759.0 %².
By 3-year correlation, QQQ places #6 of the 12 assets tracked against POET. Correlation aside, the last 12 months split them widely, with POET ahead by 25.9 points (+52.2% versus +26.3%). Note the risk asymmetry: POET runs 7.7 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.
POET vs QQQ: side by side
| POET (POET Technologies Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +52.2% | +26.3% |
| 5-year return | -3.6% | +95.4% |
| Volatility (ann.) | 150.2% | 19.6% |
| Beta vs S&P 500 | 2.33 | 1.28 |
| Max drawdown (3Y) | -80.1% | -22.8% |
| Market cap | $1.4B | – |
| 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 | POET | QQQ |
|---|---|---|
| 2022 | -57.5% | -32.6% |
| 2023 | -68.9% | +54.9% |
| 2024 | +533.0% | +25.6% |
| 2025 | +6.4% | +20.8% |
| 2026 | +29.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are POET and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.26 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between POET and QQQ?
As of 2026-08-27, the correlation of weekly returns between POET and QQQ is 0.26 over 3 years, 0.32 over 1 year and 0.20 over 5 years.
Is QQQ a good diversifier for POET?
Yes, to a useful degree: a correlation of 0.26 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.26 mean?
A reading of 0.26 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: POET correlations · QQQ correlations
