DFTX vs QQQ: Correlation
Measured on weekly returns over the past three years, Definium Therapeutics, Inc. (DFTX) and Invesco QQQ Trust (QQQ) carry a correlation of 0.14, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFTX and QQQ?
Over the past 3 years, DFTX and QQQ moved with a correlation of 0.14, which is weak. The link has loosened recently: the 1-year correlation (-0.01) runs below the 3-year figure (0.14). Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 255.8 %².
Out of 17 assets tracked against DFTX, QQQ lands near the bottom at #14. The last year tells two different stories: DFTX led by 318.6 percentage points, +344.9% for DFTX against +26.3% for QQQ. Risk is not evenly split, since DFTX carries 4.6 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.
DFTX vs QQQ: side by side
| DFTX (Definium Therapeutics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +344.9% | +26.3% |
| 5-year return | +4.7% | +95.4% |
| Volatility (ann.) | 90.9% | 19.6% |
| Beta vs S&P 500 | 1.35 | 1.28 |
| Max drawdown (3Y) | -58.4% | -22.8% |
| Market cap | $5.9B | – |
| 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 | DFTX | QQQ |
|---|---|---|
| 2022 | -89.4% | -32.6% |
| 2023 | +66.4% | +54.9% |
| 2024 | +90.2% | +25.6% |
| 2025 | +92.4% | +20.8% |
| 2026 | +227.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFTX and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.14 means the two rarely move for the same reasons.
FAQ
What is the correlation between DFTX and QQQ?
Using weekly returns as of 2026-08-27: 0.14 over 3 years, with -0.01 over the last year and 0.27 over 5 years.
Is QQQ a good diversifier for DFTX?
By historical standards, yes. A correlation of 0.14 means the two rarely move for the same reasons.
What does a correlation of 0.14 mean?
A reading of 0.14 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dftx-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dftx-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DFTX correlations · QQQ correlations
