QQQ vs SCKT: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Socket Mobile, Inc. (SCKT) carry a correlation of 0.09, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SCKT?
On 3 years of weekly data the QQQ/SCKT correlation comes out at 0.09, near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.10 over 1 year against 0.09 over 3. The 5-year figure is 0.13, and annualized covariance runs at 223.5 %².
Within QQQ's tracked universe of 4755 assets, SCKT comes in at #3926 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 56.1 points (+26.3% versus -29.8%). Note the risk asymmetry: SCKT runs 6.6 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 SCKT: side by side
| QQQ (Invesco QQQ Trust) | SCKT (Socket Mobile, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -29.8% |
| 5-year return | +95.4% | -89.6% |
| Volatility (ann.) | 19.6% | 128.9% |
| Beta vs S&P 500 | 1.28 | 0.82 |
| Max drawdown (3Y) | -22.8% | -75.9% |
| 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 | SCKT |
|---|---|---|
| 2022 | -32.6% | -52.7% |
| 2023 | +54.9% | -39.9% |
| 2024 | +25.6% | +14.7% |
| 2025 | +20.8% | -23.3% |
| 2026 | +17.7% | -29.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SCKT good diversifiers for each other?
Yes. With a correlation of 0.09, QQQ and SCKT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and SCKT?
The QQQ/SCKT correlation stands at 0.09 on a 3-year window (1 year: 0.10, 5 years: 0.13), computed from weekly returns as of 2026-08-27.
Is SCKT a good diversifier for QQQ?
Yes. With a correlation of 0.09, QQQ and SCKT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.09 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-sckt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-sckt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · SCKT correlations
