ACET vs QQQ: Correlation
Adicet Bio, Inc. (ACET) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACET and QQQ?
Across a 3-year window, the weekly returns of ACET and QQQ correlate at 0.27, weak. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. Stretching to 5 years gives 0.28, with an annualized covariance of 424.3 %².
Among the 15 assets we track against ACET, QQQ sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with QQQ ahead by 51.8 points (-25.5% versus +26.3%). One caveat on sizing: ACET is 4.1 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.
ACET vs QQQ: side by side
| ACET (Adicet Bio, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -25.5% | +26.3% |
| 5-year return | -93.0% | +95.4% |
| Volatility (ann.) | 80.6% | 19.6% |
| Beta vs S&P 500 | 1.88 | 1.28 |
| Max drawdown (3Y) | -88.9% | -22.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | US Listed | ETF · US Growth & Tech |
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 | ACET | QQQ |
|---|---|---|
| 2022 | -48.9% | -32.6% |
| 2023 | -78.9% | +54.9% |
| 2024 | -49.1% | +25.6% |
| 2025 | -45.3% | +20.8% |
| 2026 | +7.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACET and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.27 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACET and QQQ?
Using weekly returns as of 2026-08-27: 0.27 over 3 years, with 0.32 over the last year and 0.28 over 5 years.
Is QQQ a good diversifier for ACET?
Yes, to a useful degree: a correlation of 0.27 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.27 mean?
A reading of 0.27 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acet-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acet-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACET correlations · QQQ correlations
