PairBook
HomeQQQ › QQQ vs SLSN

QQQ vs SLSN: Correlation

Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Solesence, Inc. (SLSN) carry a correlation of 0.20, a weak link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.20
weak
Correlation (1Y)
0.27
last 12 months
Correlation (5Y)
0.18
long-run
Ann. covariance
403.9
%² · weekly, annualized

How correlated are QQQ and SLSN?

On 3 years of weekly data the QQQ/SLSN correlation comes out at 0.20, weak. Recent behaviour matches the longer record: 0.27 over 1 year against 0.20 over 3. The 5-year figure is 0.18, and annualized covariance runs at 403.9 %².

Among the 4755 assets we track against QQQ, SLSN ranks #2856 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 99.7 points (+26.3% versus -73.4%). Risk is not evenly split, since SLSN carries 5.3 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 SLSN: side by side

QQQ (Invesco QQQ Trust)SLSN (Solesence, Inc.)
1-year return+26.3%-73.4%
5-year return+95.4%-58.3%
Volatility (ann.)19.6%103.9%
Beta vs S&P 5001.281.53
Max drawdown (3Y)-22.8%-87.7%
Market cap$0.1B
P/E (trailing)
Dividend yield0.44%0.00%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryETF · US Growth & TechUS Listed
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -87.7%Higher 5y return: QQQ +95.4% vs -58.3%

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.

-79%0%+29%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. QQQ · SLSN

Year-by-year returns

YearQQQSLSN
2022-32.6%-74.3%
2023+54.9%-46.9%
2024+25.6%+306.7%
2025+20.8%-34.4%
2026+17.7%-40.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are QQQ and SLSN good diversifiers for each other?

Reasonably. At 0.20, QQQ and SLSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between QQQ and SLSN?

The QQQ/SLSN correlation stands at 0.20 on a 3-year window (1 year: 0.27, 5 years: 0.18), computed from weekly returns as of 2026-08-27.

Is SLSN a good diversifier for QQQ?

Reasonably. At 0.20, QQQ and SLSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.20 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-slsn.json

QQQ vs SLSN: 3-year weekly correlation 0.20QQQ vs SLSN0.20

Embed this badge (it refreshes with the data), with attribution:

[![QQQ vs SLSN correlation](https://www.pairbook.io/api/v1/badge/qqq-vs-slsn.svg)](https://www.pairbook.io/pair/qqq-vs-slsn/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: QQQ correlations · SLSN correlations