ACRV vs QQQ: Correlation
How closely do Acrivon Therapeutics, Inc. (ACRV) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.22, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACRV and QQQ?
Over the past 3 years, ACRV and QQQ moved with a correlation of 0.22, which is weak. The relationship has been stable: the 1-year correlation (0.28) sits close to the 3-year figure. Over 5 years the correlation is 0.21, and the annualized covariance of weekly returns is 402.6 %².
QQQ is close to the least connected end of ACRV's tracked universe, ranking #10 of 14. The last year tells two different stories: ACRV led by 31.8 percentage points, +58.1% for ACRV against +26.3% for QQQ. Risk is not evenly split, since ACRV carries 4.8 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.
ACRV vs QQQ: side by side
| ACRV (Acrivon Therapeutics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +58.1% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 94.2% | 19.6% |
| Beta vs S&P 500 | 1.58 | 1.28 |
| Max drawdown (3Y) | -91.3% | -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 | ACRV | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | -57.3% | +54.9% |
| 2024 | +22.4% | +25.6% |
| 2025 | -60.0% | +20.8% |
| 2026 | -10.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACRV and QQQ good diversifiers for each other?
Reasonably. At 0.22, ACRV and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACRV and QQQ?
Using weekly returns as of 2026-08-27: 0.22 over 3 years, with 0.28 over the last year and 0.21 over 5 years.
Is QQQ a good diversifier for ACRV?
Reasonably. At 0.22, ACRV and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.22 mean?
On the −1 to +1 scale, 0.22 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/acrv-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acrv-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACRV correlations · QQQ correlations
