QQQ vs RIME: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Algorhythm Holdings, Inc. (RIME) carry a correlation of -0.00, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RIME?
On 3 years of weekly data the QQQ/RIME correlation comes out at -0.00, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (-0.02) sits close to the 3-year figure. The 5-year figure is -0.07, and annualized covariance runs at -10.9 %².
Among the 4755 assets we track against QQQ, RIME ranks #4485 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 112.9 percentage points (+26.3% for QQQ against -86.6% for RIME). Note the risk asymmetry: RIME runs 10.1 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 RIME: side by side
| QQQ (Invesco QQQ Trust) | RIME (Algorhythm Holdings, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -86.6% |
| 5-year return | +95.4% | -100.0% |
| Volatility (ann.) | 19.6% | 197.4% |
| Beta vs S&P 500 | 1.28 | -0.17 |
| Max drawdown (3Y) | -22.8% | -99.9% |
| 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 |
On the fund side, QQQ sits in the Large Growth category at Invesco, with $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | RIME |
|---|---|---|
| 2022 | -32.6% | -43.3% |
| 2023 | +54.9% | -77.1% |
| 2024 | +25.6% | -91.1% |
| 2025 | +20.8% | -94.4% |
| 2026 | +17.7% | -72.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RIME good diversifiers for each other?
By historical standards, yes. A correlation of -0.00 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and RIME?
As of 2026-08-27, the correlation of weekly returns between QQQ and RIME is -0.00 over 3 years, -0.02 over 1 year and -0.07 over 5 years.
Is RIME a good diversifier for QQQ?
By historical standards, yes. A correlation of -0.00 means the two rarely move for the same reasons.
What does a correlation of -0.00 mean?
A reading of -0.00 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 · RIME correlations
