QQQ vs VSTM: Correlation
Invesco QQQ Trust (QQQ) and Verastem, Inc. (VSTM) show a weak relationship: their 3-year correlation of weekly returns is 0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and VSTM?
Across a 3-year window, the weekly returns of QQQ and VSTM correlate at 0.15, weak. The relationship has been stable: the 1-year correlation (0.23) sits close to the 3-year figure. Stretching to 5 years gives 0.22, with an annualized covariance of 301.4 %².
Within QQQ's tracked universe of 4755 assets, VSTM comes in at #3408 by 3-year correlation. The last year tells two different stories: QQQ led by 46.9 percentage points, +26.3% for QQQ against -20.6% for VSTM. Note the risk asymmetry: VSTM runs 5.2 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 VSTM: side by side
| QQQ (Invesco QQQ Trust) | VSTM (Verastem, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -20.6% |
| 5-year return | +95.4% | -77.0% |
| Volatility (ann.) | 19.6% | 102.2% |
| Beta vs S&P 500 | 1.28 | 1.38 |
| Max drawdown (3Y) | -22.8% | -84.4% |
| Market cap | – | $0.7B |
| 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 | VSTM |
|---|---|---|
| 2022 | -32.6% | -80.5% |
| 2023 | +54.9% | +69.6% |
| 2024 | +25.6% | -36.5% |
| 2025 | +20.8% | +49.3% |
| 2026 | +17.7% | -4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and VSTM good diversifiers for each other?
Yes. With a correlation of 0.15, QQQ and VSTM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and VSTM?
The QQQ/VSTM correlation stands at 0.15 on a 3-year window (1 year: 0.23, 5 years: 0.22), computed from weekly returns as of 2026-08-27.
Is VSTM a good diversifier for QQQ?
Yes. With a correlation of 0.15, QQQ and VSTM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.15 mean?
On the −1 to +1 scale, 0.15 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-vstm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-vstm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · VSTM correlations
