DRMA vs QQQ: Correlation
How closely do Dermata Therapeutics, Inc. (DRMA) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.14, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRMA and QQQ?
Over the past 3 years, DRMA and QQQ moved with a correlation of 0.14, which is weak. Little has changed lately, as the 1-year reading of 0.22 lands near the 3-year figure. Over 5 years the correlation is 0.13, and the annualized covariance of weekly returns is 237.9 %².
QQQ is close to the least connected end of DRMA's tracked universe, ranking #10 of 13. Correlation aside, the last 12 months split them widely, with QQQ ahead by 98.7 points (-72.4% versus +26.3%). Risk is not evenly split, since DRMA 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.
DRMA vs QQQ: side by side
| DRMA (Dermata Therapeutics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -72.4% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 90.1% | 19.6% |
| Beta vs S&P 500 | 1.23 | 1.28 |
| Max drawdown (3Y) | -99.4% | -22.8% |
| Market cap | – | – |
| 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 | DRMA | QQQ |
|---|---|---|
| 2022 | -76.5% | -32.6% |
| 2023 | -90.7% | +54.9% |
| 2024 | -85.2% | +25.6% |
| 2025 | -82.8% | +20.8% |
| 2026 | -37.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRMA and QQQ good diversifiers for each other?
Yes: at 0.14, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DRMA and QQQ?
The DRMA/QQQ correlation stands at 0.14 on a 3-year window (1 year: 0.22, 5 years: 0.13), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for DRMA?
Yes: at 0.14, the two have gone their own ways historically, which is what genuine diversification looks like.
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/drma-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/drma-vs-qqq/)
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Related comparisons
Hubs: DRMA correlations · QQQ correlations
