PSNL vs QQQ: Correlation
How closely do Personalis, Inc. (PSNL) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.09, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PSNL and QQQ?
Over the past 3 years, PSNL and QQQ moved with a correlation of 0.09, which is near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of 0.12 lands near the 3-year figure. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 237.2 %².
Out of 12 assets tracked against PSNL, QQQ lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months PSNL outperformed by 225.2 percentage points (+251.5% for PSNL against +26.3% for QQQ). Note the risk asymmetry: PSNL runs 6.7 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.
PSNL vs QQQ: side by side
| PSNL (Personalis, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +251.5% | +26.3% |
| 5-year return | -19.1% | +95.4% |
| Volatility (ann.) | 130.7% | 19.6% |
| Beta vs S&P 500 | 1.14 | 1.28 |
| Max drawdown (3Y) | -55.2% | -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 | PSNL | QQQ |
|---|---|---|
| 2022 | -86.1% | -32.6% |
| 2023 | +6.1% | +54.9% |
| 2024 | +175.2% | +25.6% |
| 2025 | +37.7% | +20.8% |
| 2026 | +111.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PSNL and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.09 means the two rarely move for the same reasons.
FAQ
What is the correlation between PSNL and QQQ?
As of 2026-08-27, the correlation of weekly returns between PSNL and QQQ is 0.09 over 3 years, 0.12 over 1 year and 0.24 over 5 years.
Is QQQ a good diversifier for PSNL?
By historical standards, yes. A correlation of 0.09 means the two rarely move for the same reasons.
What does a correlation of 0.09 mean?
A reading of 0.09 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/psnl-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/psnl-vs-qqq/)
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Related comparisons
Hubs: PSNL correlations · QQQ correlations
