ORGO vs QQQ: Correlation
Organogenesis Holdings Inc. - Class A (ORGO) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.08.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ORGO and QQQ?
Across a 3-year window, the weekly returns of ORGO and QQQ correlate at 0.08, near zero, meaning they move largely independently. The link has loosened recently: the 1-year correlation (-0.06) runs below the 3-year figure (0.08). Stretching to 5 years gives 0.16, with an annualized covariance of 144.7 %².
Within ORGO's tracked universe of 15 assets, QQQ comes in at #8 by 3-year correlation. The last year tells two different stories: QQQ led by 90.3 percentage points, -64.0% for ORGO against +26.3% for QQQ. Risk is not evenly split, since ORGO 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.
ORGO vs QQQ: side by side
| ORGO (Organogenesis Holdings Inc. - Class A) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -64.0% | +26.3% |
| 5-year return | -89.3% | +95.4% |
| Volatility (ann.) | 90.0% | 19.6% |
| Beta vs S&P 500 | 1.25 | 1.28 |
| Max drawdown (3Y) | -74.5% | -22.8% |
| Market cap | $0.2B | – |
| 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 | ORGO | QQQ |
|---|---|---|
| 2022 | -70.9% | -32.6% |
| 2023 | +52.0% | +54.9% |
| 2024 | -21.8% | +25.6% |
| 2025 | +61.9% | +20.8% |
| 2026 | -66.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ORGO and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.08 means the two rarely move for the same reasons.
FAQ
What is the correlation between ORGO and QQQ?
As of 2026-08-27, the correlation of weekly returns between ORGO and QQQ is 0.08 over 3 years, -0.06 over 1 year and 0.16 over 5 years.
Is QQQ a good diversifier for ORGO?
By historical standards, yes. A correlation of 0.08 means the two rarely move for the same reasons.
What does a correlation of 0.08 mean?
On the −1 to +1 scale, 0.08 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
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Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: ORGO correlations · QQQ correlations
