QQQ vs TAOP: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Taoping Inc. (TAOP) carry a correlation of 0.25, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TAOP?
Across a 3-year window, the weekly returns of QQQ and TAOP correlate at 0.25, weak. Recent behaviour matches the longer record: 0.26 over 1 year against 0.25 over 3. Stretching to 5 years gives 0.24, with an annualized covariance of 469.4 %².
By 3-year correlation, TAOP places #2183 of the 4755 assets tracked against QQQ. The last year tells two different stories: QQQ led by 91.1 percentage points, +26.3% for QQQ against -64.8% for TAOP. One caveat on sizing: TAOP is 4.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 TAOP: side by side
| QQQ (Invesco QQQ Trust) | TAOP (Taoping Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -64.8% |
| 5-year return | +95.4% | -99.9% |
| Volatility (ann.) | 19.6% | 96.5% |
| Beta vs S&P 500 | 1.28 | 1.51 |
| Max drawdown (3Y) | -22.8% | -99.4% |
| 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 | TAOP |
|---|---|---|
| 2022 | -32.6% | -65.6% |
| 2023 | +54.9% | -77.7% |
| 2024 | +25.6% | -71.0% |
| 2025 | +20.8% | -88.9% |
| 2026 | +17.7% | -20.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TAOP good diversifiers for each other?
A fair diversifier. At 0.25, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and TAOP?
The QQQ/TAOP correlation stands at 0.25 on a 3-year window (1 year: 0.26, 5 years: 0.24), computed from weekly returns as of 2026-08-27.
Is TAOP a good diversifier for QQQ?
A fair diversifier. At 0.25, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.25 mean?
A reading of 0.25 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
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Related comparisons
Hubs: QQQ correlations · TAOP correlations
