QQQ vs WNW: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Meiwu Technology Company Limited (WNW) carry a correlation of 0.15, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and WNW?
Across a 3-year window, the weekly returns of QQQ and WNW correlate at 0.15, weak. The relationship has been stable: the 1-year correlation (0.25) sits close to the 3-year figure. Stretching to 5 years gives 0.13, with an annualized covariance of 483.5 %².
Within QQQ's tracked universe of 4755 assets, WNW comes in at #3411 by 3-year correlation. The last year tells two different stories: QQQ led by 124.4 percentage points, +26.3% for QQQ against -98.1% for WNW. One caveat on sizing: WNW is 8.6 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 WNW: side by side
| QQQ (Invesco QQQ Trust) | WNW (Meiwu Technology Company Limited) | |
|---|---|---|
| 1-year return | +26.3% | -98.1% |
| 5-year return | +95.4% | -100.0% |
| Volatility (ann.) | 19.6% | 167.8% |
| Beta vs S&P 500 | 1.28 | 1.36 |
| Max drawdown (3Y) | -22.8% | -100.0% |
| 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 |
On the fund side, QQQ sits in the Large Growth category at Invesco, with $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | WNW |
|---|---|---|
| 2022 | -32.6% | -91.9% |
| 2023 | +54.9% | -49.4% |
| 2024 | +25.6% | -38.5% |
| 2025 | +20.8% | -96.7% |
| 2026 | +17.7% | -97.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and WNW good diversifiers for each other?
Yes. With a correlation of 0.15, QQQ and WNW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and WNW?
The QQQ/WNW correlation stands at 0.15 on a 3-year window (1 year: 0.25, 5 years: 0.13), computed from weekly returns as of 2026-08-27.
Is WNW a good diversifier for QQQ?
Yes. With a correlation of 0.15, QQQ and WNW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.15 mean?
On the −1 to +1 scale, 0.15 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-wnw.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-wnw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · WNW correlations
