QQQ vs WBUY: Correlation
Invesco QQQ Trust (QQQ) and WEBUY GLOBAL LTD. - Class A (WBUY) show a weak relationship: their 3-year correlation of weekly returns is 0.12.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and WBUY?
On 3 years of weekly data the QQQ/WBUY correlation comes out at 0.12, weak. The past 12 months show a tighter link (0.37) than the 3-year average (0.12). The 5-year figure is n/a, and annualized covariance runs at 461.9 %².
By 3-year correlation, WBUY places #3706 of the 4755 assets tracked against QQQ. The last year tells two different stories: QQQ led by 98.9 percentage points, +26.3% for QQQ against -72.6% for WBUY. Risk is not evenly split, since WBUY carries 9.9 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 WBUY: side by side
| QQQ (Invesco QQQ Trust) | WBUY (WEBUY GLOBAL LTD. - Class A) | |
|---|---|---|
| 1-year return | +26.3% | -72.6% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 193.8% |
| Beta vs S&P 500 | 1.28 | 1.81 |
| 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 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 | WBUY |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | -66.1% |
| 2025 | +20.8% | -93.7% |
| 2026 | +17.7% | -33.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and WBUY good diversifiers for each other?
Yes: at 0.12, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and WBUY?
The QQQ/WBUY correlation stands at 0.12 on a 3-year window (1 year: 0.37, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is WBUY a good diversifier for QQQ?
Yes: at 0.12, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.12 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-wbuy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-wbuy/)
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Related comparisons
Hubs: QQQ correlations · WBUY correlations
