QQQ vs RGC: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Regencell Bioscience Holdings Limited (RGC) carry a correlation of -0.06, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RGC?
On 3 years of weekly data the QQQ/RGC correlation comes out at -0.06, near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.19 versus -0.06 over 3 years. The 5-year figure is -0.03, and annualized covariance runs at -531.8 %².
Among the 4755 assets we track against QQQ, RGC ranks #4667 by 3-year correlation. The last year tells two different stories: QQQ led by 87.5 percentage points, +26.3% for QQQ against -61.2% for RGC. Note the risk asymmetry: RGC runs 22.5 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.
QQQ vs RGC: side by side
| QQQ (Invesco QQQ Trust) | RGC (Regencell Bioscience Holdings Limited) | |
|---|---|---|
| 1-year return | +26.3% | -61.2% |
| 5-year return | +95.4% | +626.3% |
| Volatility (ann.) | 19.6% | 441.0% |
| Beta vs S&P 500 | 1.28 | -2.00 |
| Max drawdown (3Y) | -22.8% | -93.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | RGC |
|---|---|---|
| 2022 | -32.6% | -12.4% |
| 2023 | +54.9% | -62.4% |
| 2024 | +25.6% | -53.0% |
| 2025 | +20.8% | +16053.8% |
| 2026 | +17.7% | -73.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RGC 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 QQQ and RGC?
The QQQ/RGC correlation stands at -0.06 on a 3-year window (1 year: 0.19, 5 years: -0.03), computed from weekly returns as of 2026-08-27.
Is RGC a good diversifier for QQQ?
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-rgc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-rgc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · RGC correlations
