QQQ vs STHO: Correlation
How closely do Invesco QQQ Trust (QQQ) and Star Holdings - Shares of Beneficial Interest (STHO) trade together? Their weekly returns over three years give a correlation of 0.24, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and STHO?
Over the past 3 years, QQQ and STHO moved with a correlation of 0.24, which is weak. The relationship has been stable: the 1-year correlation (0.25) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 163.5 %².
By 3-year correlation, STHO places #2317 of the 4755 assets tracked against QQQ. Over the last 12 months QQQ came out ahead by 9.6 percentage points (+26.3% against +16.7%). Risk is not evenly split, since STHO carries 1.8 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 STHO: side by side
| QQQ (Invesco QQQ Trust) | STHO (Star Holdings - Shares of Beneficial Interest) | |
|---|---|---|
| 1-year return | +26.3% | +16.7% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 35.5% |
| Beta vs S&P 500 | 1.28 | 0.88 |
| Max drawdown (3Y) | -22.8% | -59.4% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 8.0 |
| 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 | STHO |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | -35.0% |
| 2025 | +20.8% | -15.4% |
| 2026 | +17.7% | +19.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and STHO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.24 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and STHO?
Using weekly returns as of 2026-08-27: 0.24 over 3 years, with 0.25 over the last year and n/a over 5 years.
Is STHO a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.24 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.24 mean?
A reading of 0.24 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-stho.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-stho/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · STHO correlations
