HQL vs MRKR: Correlation
abrdn Life Sciences Investors Shares of Beneficial Interest (HQL) and Marker Therapeutics, Inc. (MRKR) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HQL and MRKR?
On 3 years of weekly data the HQL/MRKR correlation comes out at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. The 5-year figure is 0.33, and annualized covariance runs at 826.2 %².
By 3-year correlation, MRKR places #63 of the 72 assets tracked against HQL. The last year tells two different stories: HQL led by 20.6 percentage points, +75.9% for HQL against +55.3% for MRKR. One caveat on sizing: MRKR is 3.8 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.
HQL vs MRKR: side by side
| HQL (abrdn Life Sciences Investors Shares of Beneficial Interest) | MRKR (Marker Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +75.9% | +55.3% |
| 5-year return | +74.1% | -92.3% |
| Volatility (ann.) | 23.5% | 88.6% |
| Beta vs S&P 500 | 0.88 | 1.92 |
| Max drawdown (3Y) | -25.1% | -86.2% |
| Market cap | – | – |
| P/E (trailing) | 3.2 | – |
| Dividend yield | 8.87% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HQL | MRKR |
|---|---|---|
| 2022 | -19.2% | -71.6% |
| 2023 | +4.2% | +103.7% |
| 2024 | +11.0% | -43.5% |
| 2025 | +45.5% | -52.1% |
| 2026 | +40.9% | -2.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HQL and MRKR good diversifiers for each other?
Reasonably. At 0.40, HQL and MRKR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HQL and MRKR?
The HQL/MRKR correlation stands at 0.40 on a 3-year window (1 year: 0.39, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is MRKR a good diversifier for HQL?
Reasonably. At 0.40, HQL and MRKR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 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/hql-vs-mrkr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hql-vs-mrkr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HQL correlations · MRKR correlations
