QQQ vs YYGH: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and YY Group Holding Limited - Class A (YYGH) carry a correlation of 0.17, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and YYGH?
Across a 3-year window, the weekly returns of QQQ and YYGH correlate at 0.17, weak. The link has tightened recently: the 1-year correlation (0.28) runs above the 3-year figure (0.17). Stretching to 5 years gives n/a, with an annualized covariance of 514.5 %².
By 3-year correlation, YYGH places #3219 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with QQQ ahead by 126.2 points (+26.3% versus -99.9%). Note the risk asymmetry: YYGH runs 7.5 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 YYGH: side by side
| QQQ (Invesco QQQ Trust) | YYGH (YY Group Holding Limited - Class A) | |
|---|---|---|
| 1-year return | +26.3% | -99.9% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 147.2% |
| Beta vs S&P 500 | 1.28 | 2.16 |
| Max drawdown (3Y) | -22.8% | -100.0% |
| 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 | YYGH |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | – |
| 2025 | +20.8% | -89.3% |
| 2026 | +17.7% | -99.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and YYGH good diversifiers for each other?
Yes. With a correlation of 0.17, QQQ and YYGH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and YYGH?
As of 2026-08-27, the correlation of weekly returns between QQQ and YYGH is 0.17 over 3 years, 0.28 over 1 year and n/a over 5 years.
Is YYGH a good diversifier for QQQ?
Yes. With a correlation of 0.17, QQQ and YYGH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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-yygh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-yygh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · YYGH correlations
