BMR vs QQQ: Correlation
Measured on weekly returns over the past three years, Beamr Imaging Ltd. (BMR) and Invesco QQQ Trust (QQQ) carry a correlation of 0.03, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMR and QQQ?
Over the past 3 years, BMR and QQQ moved with a correlation of 0.03, which is near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.03 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 166.9 %².
By 3-year correlation, QQQ places #25 of the 36 assets tracked against BMR. Correlation aside, the last 12 months split them widely, with QQQ ahead by 84.1 points (-57.8% versus +26.3%). Risk is not evenly split, since BMR carries 16.6 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.
BMR vs QQQ: side by side
| BMR (Beamr Imaging Ltd.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -57.8% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 324.4% | 19.6% |
| Beta vs S&P 500 | 1.15 | 1.28 |
| Max drawdown (3Y) | -92.7% | -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 | BMR | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | +239.3% | +25.6% |
| 2025 | -68.1% | +20.8% |
| 2026 | -18.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMR and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.03 means the two rarely move for the same reasons.
FAQ
What is the correlation between BMR and QQQ?
As of 2026-08-27, the correlation of weekly returns between BMR and QQQ is 0.03 over 3 years, 0.62 over 1 year and n/a over 5 years.
Is QQQ a good diversifier for BMR?
By historical standards, yes. A correlation of 0.03 means the two rarely move for the same reasons.
What does a correlation of 0.03 mean?
On the −1 to +1 scale, 0.03 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/bmr-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bmr-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BMR correlations · QQQ correlations
