QQQ vs XCUR: Correlation
How closely do Invesco QQQ Trust (QQQ) and Exicure, Inc. (XCUR) trade together? Their weekly returns over three years give a correlation of 0.01, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and XCUR?
On 3 years of weekly data the QQQ/XCUR correlation comes out at 0.01, near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.17) than the 3-year average (0.01). The 5-year figure is 0.05, and annualized covariance runs at 81.3 %².
By 3-year correlation, XCUR places #4452 of the 4755 assets tracked against QQQ. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 101.6 percentage points (+26.3% for QQQ against -75.3% for XCUR). One caveat on sizing: XCUR is 17.4 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 XCUR: side by side
| QQQ (Invesco QQQ Trust) | XCUR (Exicure, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -75.3% |
| 5-year return | +95.4% | -99.3% |
| Volatility (ann.) | 19.6% | 341.3% |
| Beta vs S&P 500 | 1.28 | 0.92 |
| Max drawdown (3Y) | -22.8% | -96.4% |
| 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 |
On the fund side, QQQ sits in the Large Growth category at Invesco, with $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | XCUR |
|---|---|---|
| 2022 | -32.6% | -81.0% |
| 2023 | +54.9% | -49.6% |
| 2024 | +25.6% | +371.4% |
| 2025 | +20.8% | -60.4% |
| 2026 | +17.7% | -74.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and XCUR good diversifiers for each other?
Yes. With a correlation of 0.01, QQQ and XCUR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and XCUR?
As of 2026-08-27, the correlation of weekly returns between QQQ and XCUR is 0.01 over 3 years, -0.17 over 1 year and 0.05 over 5 years.
Is XCUR a good diversifier for QQQ?
Yes. With a correlation of 0.01, QQQ and XCUR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.01 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-xcur.json
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Related comparisons
Hubs: QQQ correlations · XCUR correlations
