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QQQ vs SNTI: Correlation

Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Senti Biosciences Holdings, Inc. (SNTI) carry a correlation of 0.27, a weak link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.27
weak
Correlation (1Y)
0.34
last 12 months
Correlation (5Y)
0.23
long-run
Ann. covariance
755.3
%² · weekly, annualized

How correlated are QQQ and SNTI?

Across a 3-year window, the weekly returns of QQQ and SNTI correlate at 0.27, weak. Recent behaviour matches the longer record: 0.34 over 1 year against 0.27 over 3. Stretching to 5 years gives 0.23, with an annualized covariance of 755.3 %².

Within QQQ's tracked universe of 4755 assets, SNTI comes in at #1910 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 102.1 percentage points (+26.3% for QQQ against -75.8% for SNTI). One caveat on sizing: SNTI is 7.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 SNTI: side by side

QQQ (Invesco QQQ Trust)SNTI (Senti Biosciences Holdings, Inc.)
1-year return+26.3%-75.8%
5-year return+95.4%-99.6%
Volatility (ann.)19.6%140.6%
Beta vs S&P 5001.282.02
Max drawdown (3Y)-22.8%-96.6%
Market cap
P/E (trailing)
Dividend yield0.44%0.00%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryETF · US Growth & TechUS Listed
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -96.6%Higher 5y return: QQQ +95.4% vs -99.6%

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.

-76%0%+60%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. QQQ · SNTI

Year-by-year returns

YearQQQSNTI
2022-32.6%-85.7%
2023+54.9%-53.2%
2024+25.6%-46.8%
2025+20.8%-70.4%
2026+17.7%-63.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are QQQ and SNTI good diversifiers for each other?

Reasonably. At 0.27, QQQ and SNTI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between QQQ and SNTI?

Using weekly returns as of 2026-08-27: 0.27 over 3 years, with 0.34 over the last year and 0.23 over 5 years.

Is SNTI a good diversifier for QQQ?

Reasonably. At 0.27, QQQ and SNTI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.27 mean?

A reading of 0.27 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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QQQ vs SNTI: 3-year weekly correlation 0.27QQQ vs SNTI0.27

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Related comparisons

Hubs: QQQ correlations · SNTI correlations