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PGEN vs QQQ: Correlation

Precigen, Inc. (PGEN) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.24.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.24
weak
Correlation (1Y)
0.14
last 12 months
Correlation (5Y)
0.27
long-run
Ann. covariance
429.5
%² · weekly, annualized

How correlated are PGEN and QQQ?

Across a 3-year window, the weekly returns of PGEN and QQQ correlate at 0.24, weak. Little has changed lately, as the 1-year reading of 0.14 lands near the 3-year figure. Stretching to 5 years gives 0.27, with an annualized covariance of 429.5 %².

Among the 11 assets we track against PGEN, QQQ sits near the bottom by co-movement, at rank #8. The last year tells two different stories: PGEN led by 30.3 percentage points, +56.6% for PGEN against +26.3% for QQQ. One caveat on sizing: PGEN is 4.7 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.

PGEN vs QQQ: side by side

PGEN (Precigen, Inc.)QQQ (Invesco QQQ Trust)
1-year return+56.6%+26.3%
5-year return+20.8%+95.4%
Volatility (ann.)92.8%19.6%
Beta vs S&P 5001.771.28
Max drawdown (3Y)-64.4%-22.8%
Market cap$2.6B
P/E (trailing)
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -64.4%Higher 5y return: QQQ +95.4% vs +20.8%

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.

-28%0%+66%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. PGEN · QQQ

Year-by-year returns

YearPGENQQQ
2022-59.0%-32.6%
2023-11.8%+54.9%
2024-16.4%+25.6%
2025+273.2%+20.8%
2026+72.0%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are PGEN and QQQ good diversifiers for each other?

A fair diversifier. At 0.24, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between PGEN and QQQ?

Using weekly returns as of 2026-08-27: 0.24 over 3 years, with 0.14 over the last year and 0.27 over 5 years.

Is QQQ a good diversifier for PGEN?

A fair diversifier. At 0.24, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.24 mean?

On the −1 to +1 scale, 0.24 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.

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PGEN vs QQQ: 3-year weekly correlation 0.24PGEN vs QQQ0.24

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Hubs: PGEN correlations · QQQ correlations