AYTU vs QQQ: Correlation
How closely do Aytu BioPharma, Inc. (AYTU) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.27, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AYTU and QQQ?
Across a 3-year window, the weekly returns of AYTU and QQQ correlate at 0.27, weak. The past 12 months show a weaker link (0.14) than the 3-year average (0.27). Stretching to 5 years gives 0.21, with an annualized covariance of 420.6 %².
Within AYTU's tracked universe of 14 assets, QQQ comes in at #9 by 3-year correlation. The last year tells two different stories: QQQ led by 30.2 percentage points, -3.9% for AYTU against +26.3% for QQQ. Risk is not evenly split, since AYTU carries 4.1 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.
AYTU vs QQQ: side by side
| AYTU (Aytu BioPharma, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -3.9% | +26.3% |
| 5-year return | -97.0% | +95.4% |
| Volatility (ann.) | 80.5% | 19.6% |
| Beta vs S&P 500 | 1.44 | 1.28 |
| Max drawdown (3Y) | -70.2% | -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 | AYTU | QQQ |
|---|---|---|
| 2022 | -85.9% | -32.6% |
| 2023 | -25.3% | +54.9% |
| 2024 | -40.1% | +25.6% |
| 2025 | +52.9% | +20.8% |
| 2026 | -13.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AYTU and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.27 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AYTU and QQQ?
The AYTU/QQQ correlation stands at 0.27 on a 3-year window (1 year: 0.14, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for AYTU?
Yes, to a useful degree: a correlation of 0.27 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.27 mean?
A reading of 0.27 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aytu-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aytu-vs-qqq/)
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Related comparisons
Hubs: AYTU correlations · QQQ correlations
