ARTV vs QQQ: Correlation
How closely do Artiva Biotherapeutics, Inc. (ARTV) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.24, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARTV and QQQ?
Over the past 3 years, ARTV and QQQ moved with a correlation of 0.24, which is weak. Lately the two have moved closer together, with the 1-year correlation at 0.39 versus 0.24 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 716.8 %².
QQQ is close to the least connected end of ARTV's tracked universe, ranking #15 of 19. The last year tells two different stories: ARTV led by 238.8 percentage points, +265.1% for ARTV against +26.3% for QQQ. One caveat on sizing: ARTV is 7.4 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.
ARTV vs QQQ: side by side
| ARTV (Artiva Biotherapeutics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +265.1% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 145.0% | 19.6% |
| Beta vs S&P 500 | 2.62 | 1.28 |
| Max drawdown (3Y) | -90.7% | -22.8% |
| Market cap | $0.6B | – |
| 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 | ARTV | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | – | +25.6% |
| 2025 | -57.4% | +20.8% |
| 2026 | +178.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARTV and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.24 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ARTV and QQQ?
The ARTV/QQQ correlation stands at 0.24 on a 3-year window (1 year: 0.39, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for ARTV?
Yes, to a useful degree: a correlation of 0.24 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.24 mean?
On the −1 to +1 scale, 0.24 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/artv-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/artv-vs-qqq/)
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Related comparisons
Hubs: ARTV correlations · QQQ correlations
