CAPR vs QQQ: Correlation
Measured on weekly returns over the past three years, Capricor Therapeutics, Inc. (CAPR) and Invesco QQQ Trust (QQQ) carry a correlation of 0.12, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAPR and QQQ?
Over the past 3 years, CAPR and QQQ moved with a correlation of 0.12, which is weak. The relationship has been stable: the 1-year correlation (0.07) sits close to the 3-year figure. Over 5 years the correlation is 0.11, and the annualized covariance of weekly returns is 649.4 %².
By 3-year correlation, QQQ places #9 of the 17 assets tracked against CAPR. The last year tells two different stories: CAPR led by 34.7 percentage points, +61.0% for CAPR against +26.3% for QQQ. One caveat on sizing: CAPR is 13.9 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.
CAPR vs QQQ: side by side
| CAPR (Capricor Therapeutics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +61.0% | +26.3% |
| 5-year return | +132.9% | +95.4% |
| Volatility (ann.) | 272.5% | 19.6% |
| Beta vs S&P 500 | 2.07 | 1.28 |
| Max drawdown (3Y) | -89.1% | -22.8% |
| Market cap | $0.6B | – |
| 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 | CAPR | QQQ |
|---|---|---|
| 2022 | +31.7% | -32.6% |
| 2023 | +26.7% | +54.9% |
| 2024 | +182.2% | +25.6% |
| 2025 | +109.1% | +20.8% |
| 2026 | -65.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAPR and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.12 means the two rarely move for the same reasons.
FAQ
What is the correlation between CAPR and QQQ?
The CAPR/QQQ correlation stands at 0.12 on a 3-year window (1 year: 0.07, 5 years: 0.11), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for CAPR?
By historical standards, yes. A correlation of 0.12 means the two rarely move for the same reasons.
What does a correlation of 0.12 mean?
On the −1 to +1 scale, 0.12 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/capr-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/capr-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CAPR correlations · QQQ correlations
