DTIL vs QQQ: Correlation
Precision BioSciences, Inc. (DTIL) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTIL and QQQ?
Across a 3-year window, the weekly returns of DTIL and QQQ correlate at 0.23, weak. Recent behaviour matches the longer record: 0.30 over 1 year against 0.23 over 3. Stretching to 5 years gives 0.31, with an annualized covariance of 321.5 %².
QQQ is close to the least connected end of DTIL's tracked universe, ranking #7 of 10. The last year tells two different stories: DTIL led by 41.4 percentage points, +67.7% for DTIL against +26.3% for QQQ. Note the risk asymmetry: DTIL runs 3.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DTIL vs QQQ: side by side
| DTIL (Precision BioSciences, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +67.7% | +26.3% |
| 5-year return | -97.6% | +95.4% |
| Volatility (ann.) | 72.7% | 19.6% |
| Beta vs S&P 500 | 1.22 | 1.28 |
| Max drawdown (3Y) | -80.8% | -22.8% |
| Market cap | $0.2B | – |
| 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 | DTIL | QQQ |
|---|---|---|
| 2022 | -83.9% | -32.6% |
| 2023 | -69.3% | +54.9% |
| 2024 | -65.2% | +25.6% |
| 2025 | +9.2% | +20.8% |
| 2026 | +101.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTIL and QQQ good diversifiers for each other?
A fair diversifier. At 0.23, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DTIL and QQQ?
Using weekly returns as of 2026-08-27: 0.23 over 3 years, with 0.30 over the last year and 0.31 over 5 years.
Is QQQ a good diversifier for DTIL?
A fair diversifier. At 0.23, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.23 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/dtil-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dtil-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DTIL correlations · QQQ correlations
