COGT vs QQQ: Correlation
How closely do Cogent Biosciences, Inc. (COGT) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.05, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COGT and QQQ?
Across a 3-year window, the weekly returns of COGT and QQQ correlate at 0.05, near zero, meaning they move largely independently. Recent behaviour matches the longer record: -0.00 over 1 year against 0.05 over 3. Stretching to 5 years gives 0.09, with an annualized covariance of 111.1 %².
QQQ is close to the least connected end of COGT's tracked universe, ranking #10 of 13. The last year tells two different stories: COGT led by 173.5 percentage points, +199.8% for COGT against +26.3% for QQQ. Risk is not evenly split, since COGT carries 5.4 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.
COGT vs QQQ: side by side
| COGT (Cogent Biosciences, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +199.8% | +26.3% |
| 5-year return | +355.1% | +95.4% |
| Volatility (ann.) | 106.0% | 19.6% |
| Beta vs S&P 500 | 0.78 | 1.28 |
| Max drawdown (3Y) | -69.0% | -22.8% |
| Market cap | $6.4B | – |
| 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 | COGT | QQQ |
|---|---|---|
| 2022 | +34.7% | -32.6% |
| 2023 | -49.1% | +54.9% |
| 2024 | +32.7% | +25.6% |
| 2025 | +355.4% | +20.8% |
| 2026 | +4.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COGT and QQQ good diversifiers for each other?
Yes: at 0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between COGT and QQQ?
The COGT/QQQ correlation stands at 0.05 on a 3-year window (1 year: -0.00, 5 years: 0.09), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for COGT?
Yes: at 0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.05 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/cogt-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cogt-vs-qqq/)
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Related comparisons
Hubs: COGT correlations · QQQ correlations
