QQQ vs RETO: Correlation
Invesco QQQ Trust (QQQ) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) show a near-zero relationship: their 3-year correlation of weekly returns is -0.09.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RETO?
On 3 years of weekly data the QQQ/RETO correlation comes out at -0.09, near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.10) runs above the 3-year figure (-0.09). The 5-year figure is -0.03, and annualized covariance runs at -683.3 %².
Within QQQ's tracked universe of 4755 assets, RETO comes in at #4708 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 122.6 percentage points (+26.3% for QQQ against -96.3% for RETO). One caveat on sizing: RETO is 20.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 RETO: side by side
| QQQ (Invesco QQQ Trust) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +26.3% | -96.3% |
| 5-year return | +95.4% | -100.0% |
| Volatility (ann.) | 19.6% | 399.9% |
| Beta vs S&P 500 | 1.28 | -2.83 |
| Max drawdown (3Y) | -22.8% | -99.5% |
| Market cap | – | – |
| 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 | RETO |
|---|---|---|
| 2022 | -32.6% | -75.9% |
| 2023 | +54.9% | -99.1% |
| 2024 | +25.6% | -74.9% |
| 2025 | +20.8% | -57.1% |
| 2026 | +17.7% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RETO good diversifiers for each other?
By historical standards, yes. A correlation of -0.09 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and RETO?
The QQQ/RETO correlation stands at -0.09 on a 3-year window (1 year: 0.10, 5 years: -0.03), computed from weekly returns as of 2026-08-27.
Is RETO a good diversifier for QQQ?
By historical standards, yes. A correlation of -0.09 means the two rarely move for the same reasons.
What does a correlation of -0.09 mean?
On the −1 to +1 scale, -0.09 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/qqq-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · RETO correlations
