APRE vs QQQ: Correlation
Measured on weekly returns over the past three years, Aprea Therapeutics, Inc. (APRE) and Invesco QQQ Trust (QQQ) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APRE and QQQ?
On 3 years of weekly data the APRE/QQQ correlation comes out at 0.35, moderate. The past 12 months show a tighter link (0.45) than the 3-year average (0.35). The 5-year figure is 0.27, and annualized covariance runs at 559.0 %².
Among the 10 assets we track against APRE, QQQ sits near the bottom by co-movement, at rank #7. The last year tells two different stories: QQQ led by 72.5 percentage points, -46.2% for APRE against +26.3% for QQQ. Risk is not evenly split, since APRE carries 4.2 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.
APRE vs QQQ: side by side
| APRE (Aprea Therapeutics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -46.2% | +26.3% |
| 5-year return | -99.0% | +95.4% |
| Volatility (ann.) | 82.1% | 19.6% |
| Beta vs S&P 500 | 2.10 | 1.28 |
| Max drawdown (3Y) | -93.0% | -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 | APRE | QQQ |
|---|---|---|
| 2022 | -88.5% | -32.6% |
| 2023 | -29.0% | +54.9% |
| 2024 | -30.0% | +25.6% |
| 2025 | -74.1% | +20.8% |
| 2026 | +0.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APRE and QQQ good diversifiers for each other?
Reasonably. At 0.35, APRE and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between APRE and QQQ?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.45 over the last year and 0.27 over 5 years.
Is QQQ a good diversifier for APRE?
Reasonably. At 0.35, APRE and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 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/apre-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/apre-vs-qqq/)
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Related comparisons
Hubs: APRE correlations · QQQ correlations
