QQQ vs SCYX: Correlation
Invesco QQQ Trust (QQQ) and SCYNEXIS, Inc. (SCYX) show a weak relationship: their 3-year correlation of weekly returns is 0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SCYX?
Over the past 3 years, QQQ and SCYX moved with a correlation of 0.22, which is weak. Recent behaviour matches the longer record: 0.17 over 1 year against 0.22 over 3. Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 337.1 %².
By 3-year correlation, SCYX places #2587 of the 4755 assets tracked against QQQ. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 43.7 percentage points (+26.3% for QQQ against -17.4% for SCYX). Risk is not evenly split, since SCYX carries 4.1 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 SCYX: side by side
| QQQ (Invesco QQQ Trust) | SCYX (SCYNEXIS, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -17.4% |
| 5-year return | +95.4% | -89.1% |
| Volatility (ann.) | 19.6% | 79.8% |
| Beta vs S&P 500 | 1.28 | 1.52 |
| Max drawdown (3Y) | -22.8% | -87.8% |
| Market cap | – | $0.1B |
| 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 |
On the fund side, QQQ sits in the Large Growth category at Invesco, with $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | SCYX |
|---|---|---|
| 2022 | -32.6% | -74.4% |
| 2023 | +54.9% | +42.9% |
| 2024 | +25.6% | -45.7% |
| 2025 | +20.8% | -47.8% |
| 2026 | +17.7% | +9.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SCYX good diversifiers for each other?
Reasonably. At 0.22, QQQ and SCYX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and SCYX?
Using weekly returns as of 2026-08-27: 0.22 over 3 years, with 0.17 over the last year and 0.26 over 5 years.
Is SCYX a good diversifier for QQQ?
Reasonably. At 0.22, QQQ and SCYX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.22 mean?
On the −1 to +1 scale, 0.22 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-scyx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-scyx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · SCYX correlations
