KYNB vs QQQ: Correlation
Measured on weekly returns over the past three years, Kyntra Bio, Inc. (KYNB) and Invesco QQQ Trust (QQQ) carry a correlation of 0.16, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYNB and QQQ?
Over the past 3 years, KYNB and QQQ moved with a correlation of 0.16, which is weak. The relationship has been stable: the 1-year correlation (0.20) sits close to the 3-year figure. Over 5 years the correlation is 0.17, and the annualized covariance of weekly returns is 392.9 %².
Out of 10 assets tracked against KYNB, QQQ lands near the bottom at #7. Correlation aside, the last 12 months split them widely, with QQQ ahead by 50.0 points (-23.7% versus +26.3%). Risk is not evenly split, since KYNB carries 6.3 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.
KYNB vs QQQ: side by side
| KYNB (Kyntra Bio, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -23.7% | +26.3% |
| 5-year return | -97.2% | +95.4% |
| Volatility (ann.) | 123.9% | 19.6% |
| Beta vs S&P 500 | 1.81 | 1.28 |
| Max drawdown (3Y) | -92.4% | -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 | KYNB | QQQ |
|---|---|---|
| 2022 | +13.6% | -32.6% |
| 2023 | -94.5% | +54.9% |
| 2024 | -40.2% | +25.6% |
| 2025 | -33.7% | +20.8% |
| 2026 | -8.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYNB and QQQ good diversifiers for each other?
Yes: at 0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KYNB and QQQ?
The KYNB/QQQ correlation stands at 0.16 on a 3-year window (1 year: 0.20, 5 years: 0.17), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for KYNB?
Yes: at 0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.16 mean?
A reading of 0.16 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/kynb-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kynb-vs-qqq/)
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Related comparisons
Hubs: KYNB correlations · QQQ correlations
