IMNN vs QQQ: Correlation
How closely do Imunon, Inc. (IMNN) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of -0.00, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMNN and QQQ?
On 3 years of weekly data the IMNN/QQQ correlation comes out at -0.00, near zero, meaning they move largely independently. The past 12 months show a tighter link (0.20) than the 3-year average (-0.00). The 5-year figure is 0.09, and annualized covariance runs at -0.5 %².
Within IMNN's tracked universe of 14 assets, QQQ comes in at #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 99.9 percentage points (-73.6% for IMNN against +26.3% for QQQ). Risk is not evenly split, since IMNN carries 7.4 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.
IMNN vs QQQ: side by side
| IMNN (Imunon, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -73.6% | +26.3% |
| 5-year return | -99.2% | +95.4% |
| Volatility (ann.) | 144.4% | 19.6% |
| Beta vs S&P 500 | -0.09 | 1.28 |
| Max drawdown (3Y) | -96.5% | -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 | IMNN | QQQ |
|---|---|---|
| 2022 | -83.3% | -32.6% |
| 2023 | -49.6% | +54.9% |
| 2024 | +39.7% | +25.6% |
| 2025 | -69.3% | +20.8% |
| 2026 | -58.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMNN and QQQ good diversifiers for each other?
Yes: at -0.00, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between IMNN and QQQ?
The IMNN/QQQ correlation stands at -0.00 on a 3-year window (1 year: 0.20, 5 years: 0.09), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for IMNN?
Yes: at -0.00, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.00 mean?
On the −1 to +1 scale, -0.00 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/imnn-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/imnn-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IMNN correlations · QQQ correlations