NTLA vs QQQ: Correlation
Intellia Therapeutics, Inc. (NTLA) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NTLA and QQQ?
On 3 years of weekly data the NTLA/QQQ correlation comes out at 0.39, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.24 versus 0.39 over 3 years. The 5-year figure is 0.45, and annualized covariance runs at 629.9 %².
Out of 14 assets tracked against NTLA, QQQ lands near the bottom at #10. Over the last 12 months QQQ came out ahead by 11.5 percentage points (+14.8% against +26.3%). Risk is not evenly split, since NTLA carries 4.2 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.
NTLA vs QQQ: side by side
| NTLA (Intellia Therapeutics, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +14.8% | +26.3% |
| 5-year return | -91.5% | +95.4% |
| Volatility (ann.) | 82.2% | 19.6% |
| Beta vs S&P 500 | 2.32 | 1.28 |
| Max drawdown (3Y) | -83.6% | -22.8% |
| Market cap | $1.8B | – |
| 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 | NTLA | QQQ |
|---|---|---|
| 2022 | -70.5% | -32.6% |
| 2023 | -12.6% | +54.9% |
| 2024 | -61.8% | +25.6% |
| 2025 | -22.9% | +20.8% |
| 2026 | +45.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NTLA and QQQ good diversifiers for each other?
Reasonably. At 0.39, NTLA and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between NTLA and QQQ?
The NTLA/QQQ correlation stands at 0.39 on a 3-year window (1 year: 0.24, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for NTLA?
Reasonably. At 0.39, NTLA and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 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/ntla-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ntla-vs-qqq/)
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Related comparisons
Hubs: NTLA correlations · QQQ correlations
