QQQ vs SPRC: Correlation
How closely do Invesco QQQ Trust (QQQ) and SciSparc Ltd. (SPRC) trade together? Their weekly returns over three years give a correlation of 0.18, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SPRC?
Across a 3-year window, the weekly returns of QQQ and SPRC correlate at 0.18, weak. Recent behaviour matches the longer record: 0.18 over 1 year against 0.18 over 3. Stretching to 5 years gives 0.18, with an annualized covariance of 659.6 %².
Among the 4755 assets we track against QQQ, SPRC ranks #3094 by 3-year correlation. The last year tells two different stories: QQQ led by 109.0 percentage points, +26.3% for QQQ against -82.7% for SPRC. Note the risk asymmetry: SPRC 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 SPRC: side by side
| QQQ (Invesco QQQ Trust) | SPRC (SciSparc Ltd.) | |
|---|---|---|
| 1-year return | +26.3% | -82.7% |
| 5-year return | +95.4% | -100.0% |
| Volatility (ann.) | 19.6% | 190.8% |
| Beta vs S&P 500 | 1.28 | 2.10 |
| Max drawdown (3Y) | -22.8% | -99.8% |
| Market cap | – | – |
| P/E (trailing) | – | 0.1 |
| 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 | SPRC |
|---|---|---|
| 2022 | -32.6% | -87.9% |
| 2023 | +54.9% | -75.2% |
| 2024 | +25.6% | -92.6% |
| 2025 | +20.8% | -82.0% |
| 2026 | +17.7% | -45.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SPRC good diversifiers for each other?
Yes: at 0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and SPRC?
As of 2026-08-27, the correlation of weekly returns between QQQ and SPRC is 0.18 over 3 years, 0.18 over 1 year and 0.18 over 5 years.
Is SPRC a good diversifier for QQQ?
Yes: at 0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.18 mean?
A reading of 0.18 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-sprc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-sprc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · SPRC correlations
