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QQQ vs RMSG: Correlation

How closely do Invesco QQQ Trust (QQQ) and Real Messenger Corporation (RMSG) trade together? Their weekly returns over three years give a correlation of 0.20, which is weak.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.20
weak
Correlation (1Y)
0.26
last 12 months
Correlation (5Y)
0.14
long-run
Ann. covariance
1279.9
%² · weekly, annualized

How correlated are QQQ and RMSG?

Over the past 3 years, QQQ and RMSG moved with a correlation of 0.20, which is weak. The relationship has been stable: the 1-year correlation (0.26) sits close to the 3-year figure. Over 5 years the correlation is 0.14, and the annualized covariance of weekly returns is 1279.9 %².

By 3-year correlation, RMSG places #2851 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with QQQ ahead by 115.3 points (+26.3% versus -89.0%). One caveat on sizing: RMSG is 16.8 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 RMSG: side by side

QQQ (Invesco QQQ Trust)RMSG (Real Messenger Corporation)
1-year return+26.3%-89.0%
5-year return+95.4%-96.3%
Volatility (ann.)19.6%329.1%
Beta vs S&P 5001.284.85
Max drawdown (3Y)-22.8%-99.1%
Market cap
P/E (trailing)
Dividend yield0.44%0.00%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryETF · US Growth & TechUS Listed
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -99.1%Higher 5y return: QQQ +95.4% vs -96.3%

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.

-87%0%+29%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). QQQ · RMSG

Year-by-year returns

YearQQQRMSG
2022-32.6%+5.1%
2023+54.9%+9.6%
2024+25.6%-77.7%
2025+20.8%-47.1%
2026+17.7%-73.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are QQQ and RMSG good diversifiers for each other?

A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between QQQ and RMSG?

As of 2026-08-27, the correlation of weekly returns between QQQ and RMSG is 0.20 over 3 years, 0.26 over 1 year and 0.14 over 5 years.

Is RMSG a good diversifier for QQQ?

A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.20 mean?

A reading of 0.20 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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QQQ vs RMSG: 3-year weekly correlation 0.20QQQ vs RMSG0.20

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Hubs: QQQ correlations · RMSG correlations