BHST vs QQQ: Correlation
Measured on weekly returns over the past three years, BioHarvest Sciences Inc. (BHST) and Invesco QQQ Trust (QQQ) carry a correlation of 0.20, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BHST and QQQ?
Over the past 3 years, BHST and QQQ moved with a correlation of 0.20, which is weak. Recent behaviour matches the longer record: 0.29 over 1 year against 0.20 over 3. Over 5 years the correlation is 0.21, and the annualized covariance of weekly returns is 240.5 %².
Out of 10 assets tracked against BHST, QQQ lands near the bottom at #6. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 104.3 percentage points (-78.0% for BHST against +26.3% for QQQ). One caveat on sizing: BHST is 3.2 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.
BHST vs QQQ: side by side
| BHST (BioHarvest Sciences Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -78.0% | +26.3% |
| 5-year return | -83.4% | +95.4% |
| Volatility (ann.) | 61.8% | 19.6% |
| Beta vs S&P 500 | 0.85 | 1.28 |
| Max drawdown (3Y) | -85.4% | -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 | BHST | QQQ |
|---|---|---|
| 2022 | -39.4% | -32.6% |
| 2023 | -27.5% | +54.9% |
| 2024 | +11.8% | +25.6% |
| 2025 | -16.0% | +20.8% |
| 2026 | -64.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BHST and QQQ good diversifiers for each other?
A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BHST and QQQ?
Using weekly returns as of 2026-08-27: 0.20 over 3 years, with 0.29 over the last year and 0.21 over 5 years.
Is QQQ a good diversifier for BHST?
A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.20 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bhst-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bhst-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BHST correlations · QQQ correlations
