QQQ vs SPCB: Correlation
Invesco QQQ Trust (QQQ) and SuperCom, Ltd. (SPCB) show a weak relationship: their 3-year correlation of weekly returns is 0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SPCB?
Over the past 3 years, QQQ and SPCB moved with a correlation of 0.17, which is weak. The link has tightened recently: the 1-year correlation (0.51) runs above the 3-year figure (0.17). Over 5 years the correlation is 0.21, and the annualized covariance of weekly returns is 393.1 %².
By 3-year correlation, SPCB places #3197 of the 4755 assets tracked against QQQ. On 12-month performance QQQ holds a 14.2-point edge, +26.3% against +12.1%. Risk is not evenly split, since SPCB carries 6.1 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 SPCB: side by side
| QQQ (Invesco QQQ Trust) | SPCB (SuperCom, Ltd.) | |
|---|---|---|
| 1-year return | +26.3% | +12.1% |
| 5-year return | +95.4% | -95.6% |
| Volatility (ann.) | 19.6% | 119.2% |
| Beta vs S&P 500 | 1.28 | 1.19 |
| Max drawdown (3Y) | -22.8% | -84.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 14.4 |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | SPCB |
|---|---|---|
| 2022 | -32.6% | -68.2% |
| 2023 | +54.9% | -78.1% |
| 2024 | +25.6% | -38.2% |
| 2025 | +20.8% | +87.8% |
| 2026 | +17.7% | +12.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SPCB good diversifiers for each other?
Yes: at 0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and SPCB?
The QQQ/SPCB correlation stands at 0.17 on a 3-year window (1 year: 0.51, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is SPCB a good diversifier for QQQ?
Yes: at 0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.17 mean?
A reading of 0.17 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-spcb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-spcb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · SPCB correlations
