QQQ vs RGNX: Correlation
How closely do Invesco QQQ Trust (QQQ) and REGENXBIO Inc. (RGNX) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RGNX?
Across a 3-year window, the weekly returns of QQQ and RGNX correlate at 0.36, moderate. Little has changed lately, as the 1-year reading of 0.35 lands near the 3-year figure. Stretching to 5 years gives 0.37, with an annualized covariance of 594.6 %².
Within QQQ's tracked universe of 4755 assets, RGNX comes in at #962 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 20.1 points (+26.3% versus +6.2%). Risk is not evenly split, since RGNX carries 4.3 times the volatility of the other side.
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 RGNX: side by side
| QQQ (Invesco QQQ Trust) | RGNX (REGENXBIO Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +6.2% |
| 5-year return | +95.4% | -70.5% |
| Volatility (ann.) | 19.6% | 84.1% |
| Beta vs S&P 500 | 1.28 | 2.28 |
| Max drawdown (3Y) | -22.8% | -78.4% |
| Market cap | – | $0.6B |
| 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 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 | QQQ | RGNX |
|---|---|---|
| 2022 | -32.6% | -30.6% |
| 2023 | +54.9% | -20.9% |
| 2024 | +25.6% | -56.9% |
| 2025 | +20.8% | +86.3% |
| 2026 | +17.7% | -34.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RGNX good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and RGNX?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.35 over the last year and 0.37 over 5 years.
Is RGNX a good diversifier for QQQ?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-rgnx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-rgnx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · RGNX correlations
