BIVI vs QQQ: Correlation
BioVie Inc. (BIVI) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIVI and QQQ?
Across a 3-year window, the weekly returns of BIVI and QQQ correlate at 0.15, weak. The past 12 months show a weaker link (0.01) than the 3-year average (0.15). Stretching to 5 years gives 0.15, with an annualized covariance of 412.5 %².
Within BIVI's tracked universe of 12 assets, QQQ comes in at #7 by 3-year correlation. Over the last 12 months BIVI came out ahead by 8.9 percentage points (+35.2% against +26.3%). One caveat on sizing: BIVI is 7.1 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.
BIVI vs QQQ: side by side
| BIVI (BioVie Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +35.2% | +26.3% |
| 5-year return | -99.7% | +95.4% |
| Volatility (ann.) | 139.8% | 19.6% |
| Beta vs S&P 500 | 1.45 | 1.28 |
| Max drawdown (3Y) | -99.8% | -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 | BIVI | QQQ |
|---|---|---|
| 2022 | +72.7% | -32.6% |
| 2023 | -83.8% | +54.9% |
| 2024 | -84.1% | +25.6% |
| 2025 | -94.2% | +20.8% |
| 2026 | +88.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIVI and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between BIVI and QQQ?
The BIVI/QQQ correlation stands at 0.15 on a 3-year window (1 year: 0.01, 5 years: 0.15), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for BIVI?
By historical standards, yes. A correlation of 0.15 means the two rarely move for the same reasons.
What does a correlation of 0.15 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/bivi-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bivi-vs-qqq/)
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Related comparisons
Hubs: BIVI correlations · QQQ correlations
