QQQ vs SIDU: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Sidus Space, Inc. (SIDU) 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 SIDU?
On 3 years of weekly data the QQQ/SIDU correlation comes out at 0.09, near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.13 over 1 year against 0.09 over 3. The 5-year figure is 0.02, and annualized covariance runs at 327.2 %².
Within QQQ's tracked universe of 4755 assets, SIDU comes in at #3928 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SIDU outperformed by 61.6 percentage points (+26.3% for QQQ against +87.9% for SIDU). Note the risk asymmetry: SIDU runs 9.7 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 SIDU: side by side
| QQQ (Invesco QQQ Trust) | SIDU (Sidus Space, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +87.9% |
| 5-year return | +95.4% | -99.8% |
| Volatility (ann.) | 19.6% | 190.7% |
| Beta vs S&P 500 | 1.28 | 1.29 |
| Max drawdown (3Y) | -22.8% | -96.6% |
| Market cap | – | $0.2B |
| 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 | SIDU |
|---|---|---|
| 2022 | -32.6% | -89.6% |
| 2023 | +54.9% | -91.9% |
| 2024 | +25.6% | -44.4% |
| 2025 | +20.8% | -35.9% |
| 2026 | +17.7% | -25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SIDU good diversifiers for each other?
Yes. With a correlation of 0.09, QQQ and SIDU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and SIDU?
The QQQ/SIDU correlation stands at 0.09 on a 3-year window (1 year: 0.13, 5 years: 0.02), computed from weekly returns as of 2026-08-27.
Is SIDU a good diversifier for QQQ?
Yes. With a correlation of 0.09, QQQ and SIDU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.09 mean?
A reading of 0.09 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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Related comparisons
Hubs: QQQ correlations · SIDU correlations
