QQQ vs UCFI: Correlation
Invesco QQQ Trust (QQQ) and CN Healthy Food Tech Group Corp. (UCFI) show a near-zero relationship: their 3-year correlation of weekly returns is -0.05.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and UCFI?
On 3 years of weekly data the QQQ/UCFI correlation comes out at -0.05, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (-0.03) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -68.0 %².
By 3-year correlation, UCFI places #4651 of the 4755 assets tracked against QQQ. The last year tells two different stories: QQQ led by 80.4 percentage points, +26.3% for QQQ against -54.1% for UCFI. Risk is not evenly split, since UCFI carries 3.4 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 UCFI: side by side
| QQQ (Invesco QQQ Trust) | UCFI (CN Healthy Food Tech Group Corp.) | |
|---|---|---|
| 1-year return | +26.3% | -54.1% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 66.8% |
| Beta vs S&P 500 | 1.28 | -0.21 |
| Max drawdown (3Y) | -22.8% | -67.3% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | 30.6 |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | UCFI |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | – |
| 2025 | +20.8% | -46.5% |
| 2026 | +17.7% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and UCFI good diversifiers for each other?
Yes: at -0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and UCFI?
As of 2026-08-27, the correlation of weekly returns between QQQ and UCFI is -0.05 over 3 years, -0.03 over 1 year and n/a over 5 years.
Is UCFI a good diversifier for QQQ?
Yes: at -0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.05 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-ucfi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-ucfi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · UCFI correlations
