QQQ vs SEGG: Correlation
How closely do Invesco QQQ Trust (QQQ) and Sports Entertainment Gaming Global Corporation (SEGG) trade together? Their weekly returns over three years give a correlation of -0.00, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SEGG?
Over the past 3 years, QQQ and SEGG moved with a correlation of -0.00, which is near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.05 over 1 year against -0.00 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -9.4 %².
Among the 4755 assets we track against QQQ, SEGG ranks #4486 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 83.1 points (+26.3% versus -56.8%). Risk is not evenly split, since SEGG carries 19.9 times the volatility of the other side.
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 SEGG: side by side
| QQQ (Invesco QQQ Trust) | SEGG (Sports Entertainment Gaming Global Corporation) | |
|---|---|---|
| 1-year return | +26.3% | -56.8% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 389.2% |
| Beta vs S&P 500 | 1.28 | 0.24 |
| Max drawdown (3Y) | -22.8% | -98.9% |
| 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 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 | SEGG |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | -82.1% |
| 2025 | +20.8% | -84.9% |
| 2026 | +17.7% | +274.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SEGG good diversifiers for each other?
Yes. With a correlation of -0.00, QQQ and SEGG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and SEGG?
Using weekly returns as of 2026-08-27: -0.00 over 3 years, with 0.05 over the last year and n/a over 5 years.
Is SEGG a good diversifier for QQQ?
Yes. With a correlation of -0.00, QQQ and SEGG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.00 mean?
On the −1 to +1 scale, -0.00 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-segg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-segg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · SEGG correlations
