QQQ vs SURG: Correlation
How closely do Invesco QQQ Trust (QQQ) and SurgePays, Inc. (SURG) trade together? Their weekly returns over three years give a correlation of 0.19, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SURG?
Across a 3-year window, the weekly returns of QQQ and SURG correlate at 0.19, weak. The link has tightened recently: the 1-year correlation (0.34) runs above the 3-year figure (0.19). Stretching to 5 years gives 0.11, with an annualized covariance of 352.2 %².
Within QQQ's tracked universe of 4755 assets, SURG comes in at #2975 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 119.4 points (+26.3% versus -93.1%). Risk is not evenly split, since SURG carries 4.8 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 SURG: side by side
| QQQ (Invesco QQQ Trust) | SURG (SurgePays, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -93.1% |
| 5-year return | +95.4% | -96.6% |
| Volatility (ann.) | 19.6% | 93.9% |
| Beta vs S&P 500 | 1.28 | 1.13 |
| Max drawdown (3Y) | -22.8% | -98.1% |
| 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 |
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.
Year-by-year returns
| Year | QQQ | SURG |
|---|---|---|
| 2022 | -32.6% | +224.8% |
| 2023 | +54.9% | -1.7% |
| 2024 | +25.6% | -72.4% |
| 2025 | +20.8% | -6.2% |
| 2026 | +17.7% | -89.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SURG good diversifiers for each other?
By historical standards, yes. A correlation of 0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and SURG?
The QQQ/SURG correlation stands at 0.19 on a 3-year window (1 year: 0.34, 5 years: 0.11), computed from weekly returns as of 2026-08-27.
Is SURG a good diversifier for QQQ?
By historical standards, yes. A correlation of 0.19 means the two rarely move for the same reasons.
What does a correlation of 0.19 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
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-surg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-surg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · SURG correlations
