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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

Correlation (3Y)
-0.00
near-zero
Correlation (1Y)
0.20
last 12 months
Correlation (5Y)
0.09
long-run
Ann. covariance
-0.5
%² · weekly, annualized

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 500-0.091.28
Max drawdown (3Y)-96.5%-22.8%
Market cap
P/E (trailing)
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -96.5%Higher 5y return: QQQ +95.4% vs -99.2%

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.

-74%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. IMNN · QQQ

Year-by-year returns

YearIMNNQQQ
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.

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IMNN vs QQQ: 3-year weekly correlation -0.00IMNN vs QQQ-0.00

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Related comparisons

Hubs: IMNN correlations · QQQ correlations