MRKR vs QQQ: Correlation
Measured on weekly returns over the past three years, Marker Therapeutics, Inc. (MRKR) and Invesco QQQ Trust (QQQ) carry a correlation of 0.27, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MRKR and QQQ?
On 3 years of weekly data the MRKR/QQQ correlation comes out at 0.27, weak. Little has changed lately, as the 1-year reading of 0.22 lands near the 3-year figure. The 5-year figure is 0.17, and annualized covariance runs at 475.8 %².
QQQ is close to the least connected end of MRKR's tracked universe, ranking #9 of 12. Their recent paths diverged sharply: over the last 12 months MRKR outperformed by 29.0 percentage points (+55.3% for MRKR against +26.3% for QQQ). Risk is not evenly split, since MRKR carries 4.5 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.
MRKR vs QQQ: side by side
| MRKR (Marker Therapeutics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +55.3% | +26.3% |
| 5-year return | -92.3% | +95.4% |
| Volatility (ann.) | 88.6% | 19.6% |
| Beta vs S&P 500 | 1.92 | 1.28 |
| Max drawdown (3Y) | -86.2% | -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 | MRKR | QQQ |
|---|---|---|
| 2022 | -71.6% | -32.6% |
| 2023 | +103.7% | +54.9% |
| 2024 | -43.5% | +25.6% |
| 2025 | -52.1% | +20.8% |
| 2026 | -2.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MRKR and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.27 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MRKR and QQQ?
As of 2026-08-27, the correlation of weekly returns between MRKR and QQQ is 0.27 over 3 years, 0.22 over 1 year and 0.17 over 5 years.
Is QQQ a good diversifier for MRKR?
Yes, to a useful degree: a correlation of 0.27 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.27 mean?
On the −1 to +1 scale, 0.27 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mrkr-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mrkr-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MRKR correlations · QQQ correlations