ATNM vs QQQ: Correlation
How closely do Actinium Pharmaceuticals, Inc. (Delaware) (ATNM) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.28, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATNM and QQQ?
Over the past 3 years, ATNM and QQQ moved with a correlation of 0.28, which is weak. The relationship has been stable: the 1-year correlation (0.34) sits close to the 3-year figure. Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 453.5 %².
Among the 12 assets we track against ATNM, QQQ sits near the bottom by co-movement, at rank #9. The last year tells two different stories: QQQ led by 69.5 percentage points, -43.2% for ATNM against +26.3% for QQQ. Risk is not evenly split, since ATNM carries 4.3 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.
ATNM vs QQQ: side by side
| ATNM (Actinium Pharmaceuticals, Inc. (Delaware)) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -43.2% | +26.3% |
| 5-year return | -83.3% | +95.4% |
| Volatility (ann.) | 83.6% | 19.6% |
| Beta vs S&P 500 | 1.73 | 1.28 |
| Max drawdown (3Y) | -92.4% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 2.9 | – |
| 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 | ATNM | QQQ |
|---|---|---|
| 2022 | +77.2% | -32.6% |
| 2023 | -52.3% | +54.9% |
| 2024 | -75.2% | +25.6% |
| 2025 | +7.9% | +20.8% |
| 2026 | -26.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATNM and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ATNM and QQQ?
Using weekly returns as of 2026-08-27: 0.28 over 3 years, with 0.34 over the last year and 0.22 over 5 years.
Is QQQ a good diversifier for ATNM?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 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.
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Related comparisons
Hubs: ATNM correlations · QQQ correlations
