QQQ vs ZNB: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Zeta Network Group - Class A (ZNB) carry a correlation of 0.20, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and ZNB?
On 3 years of weekly data the QQQ/ZNB correlation comes out at 0.20, weak. Lately the two have moved closer together, with the 1-year correlation at 0.33 versus 0.20 over 3 years. The 5-year figure is 0.18, and annualized covariance runs at 643.3 %².
Within QQQ's tracked universe of 4755 assets, ZNB comes in at #2872 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 126.2 percentage points (+26.3% for QQQ against -99.9% for ZNB). Risk is not evenly split, since ZNB carries 8.4 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 ZNB: side by side
| QQQ (Invesco QQQ Trust) | ZNB (Zeta Network Group - Class A) | |
|---|---|---|
| 1-year return | +26.3% | -99.9% |
| 5-year return | +95.4% | -100.0% |
| Volatility (ann.) | 19.6% | 165.3% |
| Beta vs S&P 500 | 1.28 | 2.26 |
| 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 |
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 | ZNB |
|---|---|---|
| 2022 | -32.6% | -95.4% |
| 2023 | +54.9% | -59.3% |
| 2024 | +25.6% | -93.6% |
| 2025 | +20.8% | -99.0% |
| 2026 | +17.7% | -99.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and ZNB good diversifiers for each other?
A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and ZNB?
The QQQ/ZNB correlation stands at 0.20 on a 3-year window (1 year: 0.33, 5 years: 0.18), computed from weekly returns as of 2026-08-27.
Is ZNB a good diversifier for QQQ?
A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.20 mean?
On the −1 to +1 scale, 0.20 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.
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Related comparisons
Hubs: QQQ correlations · ZNB correlations
