LSTA vs QQQ: Correlation
How closely do Lisata Therapeutics, Inc. (LSTA) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.07, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSTA and QQQ?
On 3 years of weekly data the LSTA/QQQ correlation comes out at 0.07, near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of -0.03 lands near the 3-year figure. The 5-year figure is 0.17, and annualized covariance runs at 131.3 %².
By 3-year correlation, QQQ places #7 of the 15 assets tracked against LSTA. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 53.5 percentage points (-27.2% for LSTA against +26.3% for QQQ). Risk is not evenly split, since LSTA carries 4.6 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.
LSTA vs QQQ: side by side
| LSTA (Lisata Therapeutics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -27.2% | +26.3% |
| 5-year return | -90.4% | +95.4% |
| Volatility (ann.) | 91.1% | 19.6% |
| Beta vs S&P 500 | 0.31 | 1.28 |
| Max drawdown (3Y) | -80.4% | -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 | LSTA | QQQ |
|---|---|---|
| 2022 | -79.9% | -32.6% |
| 2023 | +7.9% | +54.9% |
| 2024 | +9.2% | +25.6% |
| 2025 | -37.6% | +20.8% |
| 2026 | -2.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSTA and QQQ good diversifiers for each other?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LSTA and QQQ?
As of 2026-08-27, the correlation of weekly returns between LSTA and QQQ is 0.07 over 3 years, -0.03 over 1 year and 0.17 over 5 years.
Is QQQ a good diversifier for LSTA?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.07 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lsta-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lsta-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LSTA correlations · QQQ correlations