QQQ vs SGLY: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Singularity Future Technology Ltd. (SGLY) carry a correlation of 0.14, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SGLY?
Over the past 3 years, QQQ and SGLY moved with a correlation of 0.14, which is weak. Lately the two have moved closer together, with the 1-year correlation at 0.37 versus 0.14 over 3 years. Over 5 years the correlation is 0.16, and the annualized covariance of weekly returns is 399.1 %².
Among the 4755 assets we track against QQQ, SGLY ranks #3485 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 113.2 percentage points (+26.3% for QQQ against -86.9% for SGLY). Risk is not evenly split, since SGLY carries 7.5 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 SGLY: side by side
| QQQ (Invesco QQQ Trust) | SGLY (Singularity Future Technology Ltd.) | |
|---|---|---|
| 1-year return | +26.3% | -86.9% |
| 5-year return | +95.4% | -99.5% |
| Volatility (ann.) | 19.6% | 146.7% |
| Beta vs S&P 500 | 1.28 | 1.68 |
| Max drawdown (3Y) | -22.8% | -98.0% |
| 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 | SGLY |
|---|---|---|
| 2022 | -32.6% | -91.2% |
| 2023 | +54.9% | +28.6% |
| 2024 | +25.6% | -70.0% |
| 2025 | +20.8% | -60.5% |
| 2026 | +17.7% | -77.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SGLY good diversifiers for each other?
By historical standards, yes. A correlation of 0.14 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and SGLY?
As of 2026-08-27, the correlation of weekly returns between QQQ and SGLY is 0.14 over 3 years, 0.37 over 1 year and 0.16 over 5 years.
Is SGLY a good diversifier for QQQ?
By historical standards, yes. A correlation of 0.14 means the two rarely move for the same reasons.
What does a correlation of 0.14 mean?
On the −1 to +1 scale, 0.14 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-sgly.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-sgly/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · SGLY correlations
