DNTH vs QQQ: Correlation
Measured on weekly returns over the past three years, Dianthus Therapeutics, Inc. (DNTH) 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 DNTH and QQQ?
Across a 3-year window, the weekly returns of DNTH and QQQ correlate at 0.14, weak. Recent behaviour matches the longer record: 0.04 over 1 year against 0.14 over 3. Stretching to 5 years gives 0.27, with an annualized covariance of 208.4 %².
Among the 10 assets we track against DNTH, QQQ sits near the bottom by co-movement, at rank #7. Correlation aside, the last 12 months split them widely, with DNTH ahead by 333.8 points (+360.1% versus +26.3%). Risk is not evenly split, since DNTH carries 4.0 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.
DNTH vs QQQ: side by side
| DNTH (Dianthus Therapeutics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +360.1% | +26.3% |
| 5-year return | +9.4% | +95.4% |
| Volatility (ann.) | 78.1% | 19.6% |
| Beta vs S&P 500 | 0.88 | 1.28 |
| Max drawdown (3Y) | -53.5% | -22.8% |
| Market cap | $6.2B | – |
| 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 | DNTH | QQQ |
|---|---|---|
| 2022 | -91.0% | -32.6% |
| 2023 | +62.5% | +54.9% |
| 2024 | +109.6% | +25.6% |
| 2025 | +89.0% | +20.8% |
| 2026 | +170.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DNTH and QQQ good diversifiers for each other?
Yes. With a correlation of 0.14, DNTH and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DNTH and QQQ?
The DNTH/QQQ correlation stands at 0.14 on a 3-year window (1 year: 0.04, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for DNTH?
Yes. With a correlation of 0.14, DNTH and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/dnth-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dnth-vs-qqq/)
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Related comparisons
Hubs: DNTH correlations · QQQ correlations
