QQQ vs SNOA: Correlation
How closely do Invesco QQQ Trust (QQQ) and Sonoma Pharmaceuticals, Inc. (SNOA) trade together? Their weekly returns over three years give a correlation of 0.25, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SNOA?
On 3 years of weekly data the QQQ/SNOA correlation comes out at 0.25, weak. Little has changed lately, as the 1-year reading of 0.24 lands near the 3-year figure. The 5-year figure is 0.28, and annualized covariance runs at 634.1 %².
By 3-year correlation, SNOA places #2171 of the 4755 assets tracked against QQQ. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 97.2 percentage points (+26.3% for QQQ against -70.9% for SNOA). Note the risk asymmetry: SNOA runs 6.5 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 SNOA: side by side
| QQQ (Invesco QQQ Trust) | SNOA (Sonoma Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -70.9% |
| 5-year return | +95.4% | -98.9% |
| Volatility (ann.) | 19.6% | 127.6% |
| Beta vs S&P 500 | 1.28 | 2.43 |
| Max drawdown (3Y) | -22.8% | -95.0% |
| 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 |
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 | SNOA |
|---|---|---|
| 2022 | -32.6% | -75.4% |
| 2023 | +54.9% | -83.9% |
| 2024 | +25.6% | -25.3% |
| 2025 | +20.8% | +35.3% |
| 2026 | +17.7% | -63.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SNOA good diversifiers for each other?
Reasonably. At 0.25, QQQ and SNOA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and SNOA?
As of 2026-08-27, the correlation of weekly returns between QQQ and SNOA is 0.25 over 3 years, 0.24 over 1 year and 0.28 over 5 years.
Is SNOA a good diversifier for QQQ?
Reasonably. At 0.25, QQQ and SNOA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.25 mean?
A reading of 0.25 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 · SNOA correlations
