BBLG vs QQQ: Correlation
How closely do Bone Biologics Corp (BBLG) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.04, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBLG and QQQ?
Over the past 3 years, BBLG and QQQ moved with a correlation of 0.04, which is near zero, meaning they move largely independently. The past 12 months show a tighter link (0.43) than the 3-year average (0.04). Over 5 years the correlation is 0.13, and the annualized covariance of weekly returns is 105.3 %².
Out of 14 assets tracked against BBLG, QQQ lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with QQQ ahead by 97.7 points (-71.4% versus +26.3%). Risk is not evenly split, since BBLG carries 7.2 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.
BBLG vs QQQ: side by side
| BBLG (Bone Biologics Corp) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -71.4% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 140.7% | 19.6% |
| Beta vs S&P 500 | 0.69 | 1.28 |
| Max drawdown (3Y) | -98.4% | -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 | BBLG | QQQ |
|---|---|---|
| 2022 | -94.0% | -32.6% |
| 2023 | -91.0% | +54.9% |
| 2024 | -79.2% | +25.6% |
| 2025 | -74.3% | +20.8% |
| 2026 | -57.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBLG and QQQ good diversifiers for each other?
Yes. With a correlation of 0.04, BBLG and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BBLG and QQQ?
As of 2026-08-27, the correlation of weekly returns between BBLG and QQQ is 0.04 over 3 years, 0.43 over 1 year and 0.13 over 5 years.
Is QQQ a good diversifier for BBLG?
Yes. With a correlation of 0.04, BBLG and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.04 mean?
On the −1 to +1 scale, 0.04 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/bblg-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bblg-vs-qqq/)
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Related comparisons
Hubs: BBLG correlations · QQQ correlations
