QQQ vs UMAC: Correlation
How closely do Invesco QQQ Trust (QQQ) and Unusual Machines, Inc. (UMAC) trade together? Their weekly returns over three years give a correlation of 0.17, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and UMAC?
Across a 3-year window, the weekly returns of QQQ and UMAC correlate at 0.17, weak. Lately the two have moved closer together, with the 1-year correlation at 0.42 versus 0.17 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 859.3 %².
Among the 4755 assets we track against QQQ, UMAC ranks #3209 by 3-year correlation. The last year tells two different stories: UMAC led by 130.8 percentage points, +26.3% for QQQ against +157.1% for UMAC. Note the risk asymmetry: UMAC runs 12.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 UMAC: side by side
| QQQ (Invesco QQQ Trust) | UMAC (Unusual Machines, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +157.1% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 248.9% |
| Beta vs S&P 500 | 1.28 | 3.43 |
| Max drawdown (3Y) | -22.8% | -75.6% |
| Market cap | – | $1.3B |
| 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, 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 | UMAC |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | – |
| 2025 | +20.8% | -24.3% |
| 2026 | +17.7% | +106.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and UMAC 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 UMAC?
The QQQ/UMAC correlation stands at 0.17 on a 3-year window (1 year: 0.42, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is UMAC 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-umac.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-umac/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · UMAC correlations
