QQQ vs TSSI: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and TSS, Inc. (TSSI) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TSSI?
Across a 3-year window, the weekly returns of QQQ and TSSI correlate at 0.36, moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. Stretching to 5 years gives 0.29, with an annualized covariance of 949.2 %².
Among the 4755 assets we track against QQQ, TSSI ranks #973 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 72.3 percentage points (+26.3% for QQQ against -46.0% for TSSI). Risk is not evenly split, since TSSI carries 6.8 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 TSSI: side by side
| QQQ (Invesco QQQ Trust) | TSSI (TSS, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -46.0% |
| 5-year return | +95.4% | +1305.0% |
| Volatility (ann.) | 19.6% | 133.4% |
| Beta vs S&P 500 | 1.28 | 3.46 |
| Max drawdown (3Y) | -22.8% | -77.7% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 16.2 |
| 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 | TSSI |
|---|---|---|
| 2022 | -32.6% | +24.4% |
| 2023 | +54.9% | -51.8% |
| 2024 | +25.6% | +4292.6% |
| 2025 | +20.8% | -40.4% |
| 2026 | +17.7% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TSSI good diversifiers for each other?
Reasonably. At 0.36, QQQ and TSSI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and TSSI?
The QQQ/TSSI correlation stands at 0.36 on a 3-year window (1 year: 0.34, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is TSSI a good diversifier for QQQ?
Reasonably. At 0.36, QQQ and TSSI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 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
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[](https://www.pairbook.io/pair/qqq-vs-tssi/)
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Related comparisons
Hubs: QQQ correlations · TSSI correlations
