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PMCB vs QQQ: Correlation

PharmaCyte Biotech, Inc. (PMCB) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.27.

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

Correlation (3Y)
0.27
weak
Correlation (1Y)
0.30
last 12 months
Correlation (5Y)
0.26
long-run
Ann. covariance
323.4
%² · weekly, annualized

How correlated are PMCB and QQQ?

Across a 3-year window, the weekly returns of PMCB and QQQ correlate at 0.27, weak. The relationship has been stable: the 1-year correlation (0.30) sits close to the 3-year figure. Stretching to 5 years gives 0.26, with an annualized covariance of 323.4 %².

Out of 10 assets tracked against PMCB, QQQ lands near the bottom at #6. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 70.6 percentage points (-44.3% for PMCB against +26.3% for QQQ). Note the risk asymmetry: PMCB runs 3.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

PMCB vs QQQ: side by side

PMCB (PharmaCyte Biotech, Inc.)QQQ (Invesco QQQ Trust)
1-year return-44.3%+26.3%
5-year return-83.6%+95.4%
Volatility (ann.)62.1%19.6%
Beta vs S&P 5000.921.28
Max drawdown (3Y)-80.3%-22.8%
Market cap
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 -80.3%Higher 5y return: QQQ +95.4% vs -83.6%

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.

-43%0%+30%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. PMCB · QQQ

Year-by-year returns

YearPMCBQQQ
2022+17.2%-32.6%
2023-26.3%+54.9%
2024-27.3%+25.6%
2025-53.9%+20.8%
2026-25.4%+17.7%

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

Are PMCB 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 PMCB and QQQ?

The PMCB/QQQ correlation stands at 0.27 on a 3-year window (1 year: 0.30, 5 years: 0.26), computed from weekly returns as of 2026-08-27.

Is QQQ a good diversifier for PMCB?

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?

A reading of 0.27 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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PMCB vs QQQ: 3-year weekly correlation 0.27PMCB vs QQQ0.27

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Hubs: PMCB correlations · QQQ correlations