ARVN vs QQQ: Correlation
Arvinas, Inc. (ARVN) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARVN and QQQ?
On 3 years of weekly data the ARVN/QQQ correlation comes out at 0.22, weak. Little has changed lately, as the 1-year reading of 0.28 lands near the 3-year figure. The 5-year figure is 0.29, and annualized covariance runs at 315.0 %².
QQQ is close to the least connected end of ARVN's tracked universe, ranking #15 of 18. On 12-month performance QQQ holds a 11.9-point edge, +14.4% against +26.3%. Note the risk asymmetry: ARVN runs 3.8 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.
ARVN vs QQQ: side by side
| ARVN (Arvinas, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +14.4% | +26.3% |
| 5-year return | -89.2% | +95.4% |
| Volatility (ann.) | 73.6% | 19.6% |
| Beta vs S&P 500 | 1.55 | 1.28 |
| Max drawdown (3Y) | -88.4% | -22.8% |
| Market cap | $0.6B | – |
| P/E (trailing) | 35.5 | – |
| 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 | ARVN | QQQ |
|---|---|---|
| 2022 | -58.4% | -32.6% |
| 2023 | +20.3% | +54.9% |
| 2024 | -53.4% | +25.6% |
| 2025 | -38.1% | +20.8% |
| 2026 | -22.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARVN and QQQ good diversifiers for each other?
A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ARVN and QQQ?
Using weekly returns as of 2026-08-27: 0.22 over 3 years, with 0.28 over the last year and 0.29 over 5 years.
Is QQQ a good diversifier for ARVN?
A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
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/arvn-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/arvn-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ARVN correlations · QQQ correlations
