PHGE vs QQQ: Correlation
How closely do BiomX Inc. (PHGE) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.06, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PHGE and QQQ?
On 3 years of weekly data the PHGE/QQQ correlation comes out at 0.06, near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.01 over 1 year against 0.06 over 3. The 5-year figure is 0.13, and annualized covariance runs at 180.5 %².
By 3-year correlation, QQQ places #6 of the 21 assets tracked against PHGE. The last year tells two different stories: QQQ led by 125.0 percentage points, -98.7% for PHGE against +26.3% for QQQ. One caveat on sizing: PHGE is 7.5 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.
PHGE vs QQQ: side by side
| PHGE (BiomX Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -98.7% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 147.0% | 19.6% |
| Beta vs S&P 500 | 0.33 | 1.28 |
| Max drawdown (3Y) | -99.9% | -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 | PHGE | QQQ |
|---|---|---|
| 2022 | -88.3% | -32.6% |
| 2023 | +49.7% | +54.9% |
| 2024 | -73.9% | +25.6% |
| 2025 | -86.5% | +20.8% |
| 2026 | -92.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PHGE and QQQ good diversifiers for each other?
Yes: at 0.06, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PHGE and QQQ?
The PHGE/QQQ correlation stands at 0.06 on a 3-year window (1 year: 0.01, 5 years: 0.13), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for PHGE?
Yes: at 0.06, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.06 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: PHGE correlations · QQQ correlations
