QQQ vs SYNX: Correlation
Invesco QQQ Trust (QQQ) and Silynxcom Ltd. (SYNX) 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 SYNX?
Over the past 3 years, QQQ and SYNX moved with a correlation of 0.17, which is weak. The relationship has been stable: the 1-year correlation (0.15) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 312.7 %².
By 3-year correlation, SYNX places #3201 of the 4755 assets tracked against QQQ. The last year tells two different stories: QQQ led by 65.3 percentage points, +26.3% for QQQ against -39.0% for SYNX. Risk is not evenly split, since SYNX carries 4.6 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 SYNX: side by side
| QQQ (Invesco QQQ Trust) | SYNX (Silynxcom Ltd.) | |
|---|---|---|
| 1-year return | +26.3% | -39.0% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 91.1% |
| Beta vs S&P 500 | 1.28 | 1.24 |
| Max drawdown (3Y) | -22.8% | -84.7% |
| 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 | SYNX |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | – |
| 2025 | +20.8% | -70.4% |
| 2026 | +17.7% | -5.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SYNX good diversifiers for each other?
By historical standards, yes. A correlation of 0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and SYNX?
As of 2026-08-27, the correlation of weekly returns between QQQ and SYNX is 0.17 over 3 years, 0.15 over 1 year and n/a over 5 years.
Is SYNX a good diversifier for QQQ?
By historical standards, yes. A correlation of 0.17 means the two rarely move for the same reasons.
What does a correlation of 0.17 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-synx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-synx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · SYNX correlations
