QQQ vs QUIK: Correlation
Invesco QQQ Trust (QQQ) and QuickLogic Corporation (QUIK) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and QUIK?
On 3 years of weekly data the QQQ/QUIK correlation comes out at 0.48, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.59 versus 0.48 over 3 years. The 5-year figure is 0.46, and annualized covariance runs at 621.8 %².
By 3-year correlation, QUIK places #332 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with QUIK ahead by 81.8 points (+26.3% versus +108.1%). Note the risk asymmetry: QUIK runs 3.4 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.
QQQ vs QUIK: side by side
| QQQ (Invesco QQQ Trust) | QUIK (QuickLogic Corporation) | |
|---|---|---|
| 1-year return | +26.3% | +108.1% |
| 5-year return | +95.4% | +89.6% |
| Volatility (ann.) | 19.6% | 66.7% |
| Beta vs S&P 500 | 1.28 | 1.92 |
| Max drawdown (3Y) | -22.8% | -76.9% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
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 | QQQ | QUIK |
|---|---|---|
| 2022 | -32.6% | +0.6% |
| 2023 | +54.9% | +169.6% |
| 2024 | +25.6% | -18.5% |
| 2025 | +20.8% | -46.8% |
| 2026 | +17.7% | +88.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and QUIK good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and QUIK?
The QQQ/QUIK correlation stands at 0.48 on a 3-year window (1 year: 0.59, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is QUIK a good diversifier for QQQ?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
A reading of 0.48 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: QQQ correlations · QUIK correlations
