QQQ vs SCNX: Correlation
Invesco QQQ Trust (QQQ) and Scienture Holdings, Inc. (SCNX) show a weak relationship: their 3-year correlation of weekly returns is 0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SCNX?
On 3 years of weekly data the QQQ/SCNX correlation comes out at 0.17, weak. Little has changed lately, as the 1-year reading of 0.15 lands near the 3-year figure. The 5-year figure is 0.18, and annualized covariance runs at 639.5 %².
Among the 4755 assets we track against QQQ, SCNX ranks #3194 by 3-year correlation. The last year tells two different stories: QQQ led by 89.4 percentage points, +26.3% for QQQ against -63.1% for SCNX. Risk is not evenly split, since SCNX carries 9.9 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 SCNX: side by side
| QQQ (Invesco QQQ Trust) | SCNX (Scienture Holdings, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -63.1% |
| 5-year return | +95.4% | -99.2% |
| Volatility (ann.) | 19.6% | 193.3% |
| Beta vs S&P 500 | 1.28 | 2.75 |
| Max drawdown (3Y) | -22.8% | -98.9% |
| 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 | SCNX |
|---|---|---|
| 2022 | -32.6% | -82.9% |
| 2023 | +54.9% | -14.0% |
| 2024 | +25.6% | +86.9% |
| 2025 | +20.8% | -91.6% |
| 2026 | +17.7% | -25.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SCNX good diversifiers for each other?
By historical standards, yes. A correlation of 0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and SCNX?
As of 2026-08-27, the correlation of weekly returns between QQQ and SCNX is 0.17 over 3 years, 0.15 over 1 year and 0.18 over 5 years.
Is SCNX a good diversifier for QQQ?
By historical standards, yes. A correlation of 0.17 means the two rarely move for the same reasons.
What does a correlation of 0.17 mean?
On the −1 to +1 scale, 0.17 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-scnx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-scnx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · SCNX correlations
