QQQ vs RXRX: Correlation
Invesco QQQ Trust (QQQ) and Recursion Pharmaceuticals, Inc. (RXRX) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RXRX?
Across a 3-year window, the weekly returns of QQQ and RXRX correlate at 0.50, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. Stretching to 5 years gives 0.49, with an annualized covariance of 804.0 %².
Among the 4755 assets we track against QQQ, RXRX ranks #284 by 3-year correlation. The last year tells two different stories: QQQ led by 56.0 percentage points, +26.3% for QQQ against -29.7% for RXRX. Note the risk asymmetry: RXRX runs 4.2 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.
QQQ vs RXRX: side by side
| QQQ (Invesco QQQ Trust) | RXRX (Recursion Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -29.7% |
| 5-year return | +95.4% | -86.0% |
| Volatility (ann.) | 19.6% | 82.2% |
| Beta vs S&P 500 | 1.28 | 3.07 |
| Max drawdown (3Y) | -22.8% | -81.7% |
| Market cap | – | $1.8B |
| 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 | RXRX |
|---|---|---|
| 2022 | -32.6% | -55.0% |
| 2023 | +54.9% | +27.9% |
| 2024 | +25.6% | -31.4% |
| 2025 | +20.8% | -39.5% |
| 2026 | +17.7% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RXRX good diversifiers for each other?
Only partially. A correlation of 0.50 means QQQ and RXRX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between QQQ and RXRX?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.49 over the last year and 0.49 over 5 years.
Is RXRX a good diversifier for QQQ?
Only partially. A correlation of 0.50 means QQQ and RXRX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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-rxrx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-rxrx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · RXRX correlations
