QQQ vs SNGX: Correlation
Invesco QQQ Trust (QQQ) and Soligenix, Inc. (SNGX) show a near-zero relationship: their 3-year correlation of weekly returns is 0.02.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SNGX?
On 3 years of weekly data the QQQ/SNGX correlation comes out at 0.02, near zero, meaning they move largely independently. The past 12 months show a tighter link (0.17) than the 3-year average (0.02). The 5-year figure is 0.03, and annualized covariance runs at 61.6 %².
By 3-year correlation, SNGX places #4400 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with QQQ ahead by 113.6 points (+26.3% versus -87.3%). Note the risk asymmetry: SNGX runs 10.5 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 SNGX: side by side
| QQQ (Invesco QQQ Trust) | SNGX (Soligenix, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -87.3% |
| 5-year return | +95.4% | -99.8% |
| Volatility (ann.) | 19.6% | 205.9% |
| Beta vs S&P 500 | 1.28 | 0.50 |
| Max drawdown (3Y) | -22.8% | -98.2% |
| 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 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 | SNGX |
|---|---|---|
| 2022 | -32.6% | -31.8% |
| 2023 | +54.9% | -88.7% |
| 2024 | +25.6% | -77.8% |
| 2025 | +20.8% | -50.4% |
| 2026 | +17.7% | -71.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SNGX good diversifiers for each other?
Yes. With a correlation of 0.02, QQQ and SNGX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and SNGX?
Using weekly returns as of 2026-08-27: 0.02 over 3 years, with 0.17 over the last year and 0.03 over 5 years.
Is SNGX a good diversifier for QQQ?
Yes. With a correlation of 0.02, QQQ and SNGX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.02 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-sngx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-sngx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · SNGX correlations
