AIM vs QQQ: Correlation
AIM ImmunoTech Inc. (AIM) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.10.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIM and QQQ?
Across a 3-year window, the weekly returns of AIM and QQQ correlate at 0.10, weak. Recent behaviour matches the longer record: 0.03 over 1 year against 0.10 over 3. Stretching to 5 years gives 0.09, with an annualized covariance of 238.0 %².
Among the 12 assets we track against AIM, QQQ sits near the bottom by co-movement, at rank #9. The last year tells two different stories: QQQ led by 116.0 percentage points, -89.7% for AIM against +26.3% for QQQ. Note the risk asymmetry: AIM runs 6.1 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.
AIM vs QQQ: side by side
| AIM (AIM ImmunoTech Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -89.7% | +26.3% |
| 5-year return | -99.9% | +95.4% |
| Volatility (ann.) | 120.5% | 19.6% |
| Beta vs S&P 500 | 1.08 | 1.28 |
| Max drawdown (3Y) | -99.7% | -22.8% |
| Market cap | – | – |
| 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 | AIM | QQQ |
|---|---|---|
| 2022 | -66.3% | -32.6% |
| 2023 | +41.9% | +54.9% |
| 2024 | -54.5% | +25.6% |
| 2025 | -94.4% | +20.8% |
| 2026 | -77.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIM and QQQ good diversifiers for each other?
Yes. With a correlation of 0.10, AIM and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AIM and QQQ?
Using weekly returns as of 2026-08-27: 0.10 over 3 years, with 0.03 over the last year and 0.09 over 5 years.
Is QQQ a good diversifier for AIM?
Yes. With a correlation of 0.10, AIM and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.10 mean?
On the −1 to +1 scale, 0.10 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/aim-vs-qqq.json
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[](https://www.pairbook.io/pair/aim-vs-qqq/)
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Related comparisons
Hubs: AIM correlations · QQQ correlations
