JSPR vs QQQ: Correlation
Jasper Therapeutics, Inc. (JSPR) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JSPR and QQQ?
On 3 years of weekly data the JSPR/QQQ correlation comes out at 0.32, moderate. The relationship has been stable: the 1-year correlation (0.24) sits close to the 3-year figure. The 5-year figure is 0.26, and annualized covariance runs at 719.8 %².
Among the 11 assets we track against JSPR, QQQ sits near the bottom by co-movement, at rank #8. Correlation aside, the last 12 months split them widely, with QQQ ahead by 102.2 points (-75.9% versus +26.3%). Risk is not evenly split, since JSPR carries 5.8 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.
JSPR vs QQQ: side by side
| JSPR (Jasper Therapeutics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -75.9% | +26.3% |
| 5-year return | -99.3% | +95.4% |
| Volatility (ann.) | 114.2% | 19.6% |
| Beta vs S&P 500 | 2.78 | 1.28 |
| Max drawdown (3Y) | -98.9% | -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 | JSPR | QQQ |
|---|---|---|
| 2022 | -93.8% | -32.6% |
| 2023 | +63.4% | +54.9% |
| 2024 | +171.0% | +25.6% |
| 2025 | -91.4% | +20.8% |
| 2026 | -61.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JSPR and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between JSPR and QQQ?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.24 over the last year and 0.26 over 5 years.
Is QQQ a good diversifier for JSPR?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 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/jspr-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/jspr-vs-qqq/)
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Related comparisons
Hubs: JSPR correlations · QQQ correlations
