QQQ vs TISI: Correlation
How closely do Invesco QQQ Trust (QQQ) and Team, Inc. (TISI) trade together? Their weekly returns over three years give a correlation of -0.00, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TISI?
Across a 3-year window, the weekly returns of QQQ and TISI correlate at -0.00, near zero, meaning they move largely independently. The link has loosened recently: the 1-year correlation (-0.12) runs below the 3-year figure (-0.00). Stretching to 5 years gives 0.15, with an annualized covariance of -5.2 %².
Within QQQ's tracked universe of 4755 assets, TISI comes in at #4488 by 3-year correlation. Neither side won the trailing year by much: +26.3% against +23.0%. One caveat on sizing: TISI is 3.6 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 TISI: side by side
| QQQ (Invesco QQQ Trust) | TISI (Team, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +23.0% |
| 5-year return | +95.4% | -43.8% |
| Volatility (ann.) | 19.6% | 70.2% |
| Beta vs S&P 500 | 1.28 | 0.22 |
| Max drawdown (3Y) | -22.8% | -50.0% |
| Market cap | – | $0.1B |
| 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 |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | TISI |
|---|---|---|
| 2022 | -32.6% | -51.8% |
| 2023 | +54.9% | +25.7% |
| 2024 | +25.6% | +92.1% |
| 2025 | +20.8% | +11.4% |
| 2026 | +17.7% | +69.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TISI good diversifiers for each other?
Yes. With a correlation of -0.00, QQQ and TISI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and TISI?
As of 2026-08-27, the correlation of weekly returns between QQQ and TISI is -0.00 over 3 years, -0.12 over 1 year and 0.15 over 5 years.
Is TISI a good diversifier for QQQ?
Yes. With a correlation of -0.00, QQQ and TISI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.00 mean?
On the −1 to +1 scale, -0.00 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-tisi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-tisi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · TISI correlations
