QQQ vs VIVO: Correlation
How closely do Invesco QQQ Trust (QQQ) and VivoPower PLC - Class A (VIVO) trade together? Their weekly returns over three years give a correlation of 0.03, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VIVO?
Over the past 3 years, QQQ and VIVO moved with a correlation of 0.03, which is near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.26 versus 0.03 over 3 years. Over 5 years the correlation is 0.06, and the annualized covariance of weekly returns is 128.3 %².
By 3-year correlation, VIVO places #4348 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with QQQ ahead by 50.1 points (+26.3% versus -23.8%). One caveat on sizing: VIVO is 13.1 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 VIVO: side by side
| QQQ (Invesco QQQ Trust) | VIVO (VivoPower PLC - Class A) | |
|---|---|---|
| 1-year return | +26.3% | -23.8% |
| 5-year return | +95.4% | -92.6% |
| Volatility (ann.) | 19.6% | 256.4% |
| Beta vs S&P 500 | 1.28 | 0.31 |
| Max drawdown (3Y) | -22.8% | -89.9% |
| 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, 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 | VIVO |
|---|---|---|
| 2022 | -32.6% | -91.9% |
| 2023 | +54.9% | -21.5% |
| 2024 | +25.6% | -31.1% |
| 2025 | +20.8% | +70.3% |
| 2026 | +17.7% | +89.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VIVO good diversifiers for each other?
Yes. With a correlation of 0.03, QQQ and VIVO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and VIVO?
As of 2026-08-27, the correlation of weekly returns between QQQ and VIVO is 0.03 over 3 years, 0.26 over 1 year and 0.06 over 5 years.
Is VIVO a good diversifier for QQQ?
Yes. With a correlation of 0.03, QQQ and VIVO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.03 mean?
A reading of 0.03 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
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-vivo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-vivo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · VIVO correlations
