QQQ vs SDOT: Correlation
How closely do Invesco QQQ Trust (QQQ) and Sadot Group Inc. (SDOT) trade together? Their weekly returns over three years give a correlation of -0.08, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SDOT?
On 3 years of weekly data the QQQ/SDOT correlation comes out at -0.08, near zero, meaning they move largely independently. Lately the two have drifted apart, with the 1-year correlation at -0.20 versus -0.08 over 3 years. The 5-year figure is -0.02, and annualized covariance runs at -369.2 %².
Among the 4755 assets we track against QQQ, SDOT ranks #4700 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 117.7 points (+26.3% versus -91.4%). Note the risk asymmetry: SDOT runs 12.8 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 SDOT: side by side
| QQQ (Invesco QQQ Trust) | SDOT (Sadot Group Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -91.4% |
| 5-year return | +95.4% | -99.3% |
| Volatility (ann.) | 19.6% | 250.1% |
| Beta vs S&P 500 | 1.28 | -0.18 |
| 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 |
QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | SDOT |
|---|---|---|
| 2022 | -32.6% | +26.4% |
| 2023 | +54.9% | -55.9% |
| 2024 | +25.6% | -5.5% |
| 2025 | +20.8% | -96.8% |
| 2026 | +17.7% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SDOT good diversifiers for each other?
Yes: at -0.08, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and SDOT?
Using weekly returns as of 2026-08-27: -0.08 over 3 years, with -0.20 over the last year and -0.02 over 5 years.
Is SDOT a good diversifier for QQQ?
Yes: at -0.08, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.08 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-sdot.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-sdot/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · SDOT correlations
