IART vs QQQ: Correlation
How closely do Integra LifeSciences Holdings Corporation (IART) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IART and QQQ?
On 3 years of weekly data the IART/QQQ correlation comes out at 0.34, moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. The 5-year figure is 0.33, and annualized covariance runs at 382.2 %².
Out of 16 assets tracked against IART, QQQ lands near the bottom at #13. On 12-month performance QQQ holds a 13.0-point edge, +13.3% against +26.3%. One caveat on sizing: IART is 3.0 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.
IART vs QQQ: side by side
| IART (Integra LifeSciences Holdings Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +13.3% | +26.3% |
| 5-year return | -77.0% | +95.4% |
| Volatility (ann.) | 58.0% | 19.6% |
| Beta vs S&P 500 | 1.66 | 1.28 |
| Max drawdown (3Y) | -80.3% | -22.8% |
| Market cap | $1.3B | – |
| 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 | IART | QQQ |
|---|---|---|
| 2022 | -16.3% | -32.6% |
| 2023 | -22.3% | +54.9% |
| 2024 | -47.9% | +25.6% |
| 2025 | -45.2% | +20.8% |
| 2026 | +35.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IART and QQQ good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between IART and QQQ?
The IART/QQQ correlation stands at 0.34 on a 3-year window (1 year: 0.33, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for IART?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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/iart-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/iart-vs-qqq/)
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Related comparisons
Hubs: IART correlations · QQQ correlations
