POLA vs QQQ: Correlation
Measured on weekly returns over the past three years, Polar Power, Inc. (POLA) and Invesco QQQ Trust (QQQ) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are POLA and QQQ?
Over the past 3 years, POLA and QQQ moved with a correlation of 0.33, which is moderate. The relationship has been stable: the 1-year correlation (0.34) sits close to the 3-year figure. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 491.3 %².
By 3-year correlation, QQQ places #6 of the 11 assets tracked against POLA. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 56.7 percentage points (-30.4% for POLA against +26.3% for QQQ). Note the risk asymmetry: POLA runs 3.9 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.
POLA vs QQQ: side by side
| POLA (Polar Power, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -30.4% | +26.3% |
| 5-year return | -97.1% | +95.4% |
| Volatility (ann.) | 77.1% | 19.6% |
| Beta vs S&P 500 | 1.65 | 1.28 |
| Max drawdown (3Y) | -87.6% | -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 | POLA | QQQ |
|---|---|---|
| 2022 | -64.0% | -32.6% |
| 2023 | -68.2% | +54.9% |
| 2024 | +11.5% | +25.6% |
| 2025 | -47.8% | +20.8% |
| 2026 | -13.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are POLA and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between POLA and QQQ?
The POLA/QQQ correlation stands at 0.33 on a 3-year window (1 year: 0.34, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for POLA?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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.
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Related comparisons
Hubs: POLA correlations · QQQ correlations
