ATAI vs QQQ: Correlation
Measured on weekly returns over the past three years, AtaiBeckley Inc. (ATAI) and Invesco QQQ Trust (QQQ) carry a correlation of 0.15, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATAI and QQQ?
On 3 years of weekly data the ATAI/QQQ correlation comes out at 0.15, weak. Recent behaviour matches the longer record: 0.06 over 1 year against 0.15 over 3. The 5-year figure is 0.23, and annualized covariance runs at 258.5 %².
Among the 10 assets we track against ATAI, QQQ sits near the bottom by co-movement, at rank #7. The last year tells two different stories: ATAI led by 34.5 percentage points, +60.8% for ATAI against +26.3% for QQQ. One caveat on sizing: ATAI is 4.4 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.
ATAI vs QQQ: side by side
| ATAI (AtaiBeckley Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +60.8% | +26.3% |
| 5-year return | -53.9% | +95.4% |
| Volatility (ann.) | 85.3% | 19.6% |
| Beta vs S&P 500 | 1.22 | 1.28 |
| Max drawdown (3Y) | -59.2% | -22.8% |
| Market cap | $2.7B | – |
| 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 | ATAI | QQQ |
|---|---|---|
| 2022 | -65.1% | -32.6% |
| 2023 | -47.0% | +54.9% |
| 2024 | -5.7% | +25.6% |
| 2025 | +207.5% | +20.8% |
| 2026 | +79.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATAI and QQQ good diversifiers for each other?
Yes: at 0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ATAI and QQQ?
The ATAI/QQQ correlation stands at 0.15 on a 3-year window (1 year: 0.06, 5 years: 0.23), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for ATAI?
Yes: at 0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.15 mean?
On the −1 to +1 scale, 0.15 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/atai-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/atai-vs-qqq/)
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Related comparisons
Hubs: ATAI correlations · QQQ correlations
