QQQ vs SRRK: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Scholar Rock Holding Corporation (SRRK) carry a correlation of 0.10, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SRRK?
Over the past 3 years, QQQ and SRRK moved with a correlation of 0.10, which is weak. The relationship has been stable: the 1-year correlation (0.05) sits close to the 3-year figure. Over 5 years the correlation is 0.16, and the annualized covariance of weekly returns is 316.1 %².
By 3-year correlation, SRRK places #3863 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with SRRK ahead by 45.6 points (+26.3% versus +71.9%). Risk is not evenly split, since SRRK carries 8.4 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 SRRK: side by side
| QQQ (Invesco QQQ Trust) | SRRK (Scholar Rock Holding Corporation) | |
|---|---|---|
| 1-year return | +26.3% | +71.9% |
| 5-year return | +95.4% | +54.0% |
| Volatility (ann.) | 19.6% | 164.2% |
| Beta vs S&P 500 | 1.28 | 1.48 |
| Max drawdown (3Y) | -22.8% | -65.2% |
| Market cap | – | $7.2B |
| 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 | SRRK |
|---|---|---|
| 2022 | -32.6% | -63.6% |
| 2023 | +54.9% | +107.7% |
| 2024 | +25.6% | +129.9% |
| 2025 | +20.8% | +1.9% |
| 2026 | +17.7% | +34.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SRRK good diversifiers for each other?
Yes: at 0.10, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and SRRK?
Using weekly returns as of 2026-08-27: 0.10 over 3 years, with 0.05 over the last year and 0.16 over 5 years.
Is SRRK a good diversifier for QQQ?
Yes: at 0.10, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.10 mean?
On the −1 to +1 scale, 0.10 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-srrk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-srrk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · SRRK correlations
