DNA vs QQQ: Correlation
Measured on weekly returns over the past three years, Ginkgo Bioworks Holdings, Inc. (DNA) and Invesco QQQ Trust (QQQ) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DNA and QQQ?
On 3 years of weekly data the DNA/QQQ correlation comes out at 0.36, moderate. Recent behaviour matches the longer record: 0.32 over 1 year against 0.36 over 3. The 5-year figure is 0.46, and annualized covariance runs at 709.9 %².
Out of 13 assets tracked against DNA, QQQ lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 67.5 percentage points (-41.2% for DNA against +26.3% for QQQ). One caveat on sizing: DNA is 5.1 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.
DNA vs QQQ: side by side
| DNA (Ginkgo Bioworks Holdings, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -41.2% | +26.3% |
| 5-year return | -98.2% | +95.4% |
| Volatility (ann.) | 100.2% | 19.6% |
| Beta vs S&P 500 | 2.77 | 1.28 |
| Max drawdown (3Y) | -94.3% | -22.8% |
| Market cap | $0.5B | – |
| 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 | DNA | QQQ |
|---|---|---|
| 2022 | -79.7% | -32.6% |
| 2023 | +0.0% | +54.9% |
| 2024 | -85.5% | +25.6% |
| 2025 | -15.4% | +20.8% |
| 2026 | -12.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DNA and QQQ good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DNA and QQQ?
As of 2026-08-27, the correlation of weekly returns between DNA and QQQ is 0.36 over 3 years, 0.32 over 1 year and 0.46 over 5 years.
Is QQQ a good diversifier for DNA?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/dna-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dna-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DNA correlations · QQQ correlations
