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QQQ vs VIR: Correlation

Invesco QQQ Trust (QQQ) and Vir Biotechnology, Inc. (VIR) 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

Correlation (3Y)
0.17
weak
Correlation (1Y)
0.25
last 12 months
Correlation (5Y)
0.19
long-run
Ann. covariance
224.0
%² · weekly, annualized

How correlated are QQQ and VIR?

On 3 years of weekly data the QQQ/VIR correlation comes out at 0.17, weak. Recent behaviour matches the longer record: 0.25 over 1 year against 0.17 over 3. The 5-year figure is 0.19, and annualized covariance runs at 224.0 %².

By 3-year correlation, VIR places #3215 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with VIR ahead by 90.0 points (+26.3% versus +116.3%). One caveat on sizing: VIR is 3.4 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 VIR: side by side

QQQ (Invesco QQQ Trust)VIR (Vir Biotechnology, Inc.)
1-year return+26.3%+116.3%
5-year return+95.4%-77.3%
Volatility (ann.)19.6%67.1%
Beta vs S&P 5001.280.85
Max drawdown (3Y)-22.8%-67.4%
Market cap$1.9B
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 -67.4%Higher 5y return: QQQ +95.4% vs -77.3%

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.

-5%0%+115%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. QQQ · VIR

Year-by-year returns

YearQQQVIR
2022-32.6%-39.6%
2023+54.9%-60.3%
2024+25.6%-27.0%
2025+20.8%-17.8%
2026+17.7%+87.6%

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

Are QQQ and VIR 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 VIR?

As of 2026-08-27, the correlation of weekly returns between QQQ and VIR is 0.17 over 3 years, 0.25 over 1 year and 0.19 over 5 years.

Is VIR 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

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$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-vir.json

QQQ vs VIR: 3-year weekly correlation 0.17QQQ vs VIR0.17

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Related comparisons

Hubs: QQQ correlations · VIR correlations