MAIA vs QQQ: Correlation
Measured on weekly returns over the past three years, MAIA Biotechnology, Inc. (MAIA) and Invesco QQQ Trust (QQQ) carry a correlation of 0.21, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAIA and QQQ?
Across a 3-year window, the weekly returns of MAIA and QQQ correlate at 0.21, weak. The link has tightened recently: the 1-year correlation (0.32) runs above the 3-year figure (0.21). Stretching to 5 years gives 0.17, with an annualized covariance of 365.1 %².
QQQ is close to the least connected end of MAIA's tracked universe, ranking #7 of 11. Correlation aside, the last 12 months split them widely, with QQQ ahead by 42.7 points (-16.4% versus +26.3%). One caveat on sizing: MAIA is 4.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
MAIA vs QQQ: side by side
| MAIA (MAIA Biotechnology, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -16.4% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 90.7% | 19.6% |
| Beta vs S&P 500 | 1.35 | 1.28 |
| Max drawdown (3Y) | -82.9% | -22.8% |
| Market cap | $0.1B | – |
| 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 | MAIA | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | -66.7% | +54.9% |
| 2024 | +69.2% | +25.6% |
| 2025 | -22.7% | +20.8% |
| 2026 | -9.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAIA and QQQ good diversifiers for each other?
A fair diversifier. At 0.21, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MAIA and QQQ?
As of 2026-08-27, the correlation of weekly returns between MAIA and QQQ is 0.21 over 3 years, 0.32 over 1 year and 0.17 over 5 years.
Is QQQ a good diversifier for MAIA?
A fair diversifier. At 0.21, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.21 mean?
A reading of 0.21 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/maia-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/maia-vs-qqq/)
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Related comparisons
Hubs: MAIA correlations · QQQ correlations
