PSQH vs QQQ: Correlation
Measured on weekly returns over the past three years, PSQ Holdings, Inc. (PSQH) and Invesco QQQ Trust (QQQ) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PSQH and QQQ?
On 3 years of weekly data the PSQH/QQQ correlation comes out at 0.36, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.49 versus 0.36 over 3 years. The 5-year figure is 0.19, and annualized covariance runs at 710.5 %².
Within PSQH's tracked universe of 16 assets, QQQ comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 100.8 points (-74.5% versus +26.3%). Risk is not evenly split, since PSQH 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.
PSQH vs QQQ: side by side
| PSQH (PSQ Holdings, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -74.5% | +26.3% |
| 5-year return | -95.6% | +95.4% |
| Volatility (ann.) | 99.9% | 19.6% |
| Beta vs S&P 500 | 2.13 | 1.28 |
| Max drawdown (3Y) | -98.4% | -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 | PSQH | QQQ |
|---|---|---|
| 2022 | +3.1% | -32.6% |
| 2023 | -47.3% | +54.9% |
| 2024 | -13.4% | +25.6% |
| 2025 | -77.3% | +20.8% |
| 2026 | -59.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PSQH and QQQ good diversifiers for each other?
Reasonably. At 0.36, PSQH and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PSQH and QQQ?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.49 over the last year and 0.19 over 5 years.
Is QQQ a good diversifier for PSQH?
Reasonably. At 0.36, PSQH and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/psqh-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/psqh-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PSQH correlations · QQQ correlations
