QQQ vs VSME: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and VS Media Holdings Limited - Class A (VSME) carry a correlation of 0.16, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VSME?
On 3 years of weekly data the QQQ/VSME correlation comes out at 0.16, weak. The link has tightened recently: the 1-year correlation (0.28) runs above the 3-year figure (0.16). The 5-year figure is n/a, and annualized covariance runs at 670.4 %².
Among the 4755 assets we track against QQQ, VSME ranks #3294 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 123.2 percentage points (+26.3% for QQQ against -96.9% for VSME). One caveat on sizing: VSME is 10.7 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 VSME: side by side
| QQQ (Invesco QQQ Trust) | VSME (VS Media Holdings Limited - Class A) | |
|---|---|---|
| 1-year return | +26.3% | -96.9% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 209.9% |
| Beta vs S&P 500 | 1.28 | 2.59 |
| Max drawdown (3Y) | -22.8% | -99.9% |
| Market cap | – | – |
| 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 | VSME |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | -50.9% |
| 2025 | +20.8% | -92.2% |
| 2026 | +17.7% | -46.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VSME good diversifiers for each other?
By historical standards, yes. A correlation of 0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and VSME?
The QQQ/VSME correlation stands at 0.16 on a 3-year window (1 year: 0.28, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VSME a good diversifier for QQQ?
By historical standards, yes. A correlation of 0.16 means the two rarely move for the same reasons.
What does a correlation of 0.16 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-vsme.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-vsme/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · VSME correlations
