CC vs QQQ: Correlation
Chemours Company (The) (CC) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CC and QQQ?
On 3 years of weekly data the CC/QQQ correlation comes out at 0.29, weak. The past 12 months show a weaker link (0.08) than the 3-year average (0.29). The 5-year figure is 0.35, and annualized covariance runs at 334.0 %².
QQQ is close to the least connected end of CC's tracked universe, ranking #10 of 13. Correlation aside, the last 12 months split them widely, with QQQ ahead by 19.8 points (+6.5% versus +26.3%). One caveat on sizing: CC is 3.0 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.
CC vs QQQ: side by side
| CC (Chemours Company (The)) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +6.5% | +26.3% |
| 5-year return | -44.8% | +95.4% |
| Volatility (ann.) | 59.7% | 19.6% |
| Beta vs S&P 500 | 1.61 | 1.28 |
| Max drawdown (3Y) | -70.9% | -22.8% |
| Market cap | $2.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 2.22% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | US Listed | ETF · US Growth & Tech |
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 | CC | QQQ |
|---|---|---|
| 2022 | -6.0% | -32.6% |
| 2023 | +6.5% | +54.9% |
| 2024 | -44.0% | +25.6% |
| 2025 | -27.6% | +20.8% |
| 2026 | +36.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CC and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CC and QQQ?
As of 2026-08-27, the correlation of weekly returns between CC and QQQ is 0.29 over 3 years, 0.08 over 1 year and 0.35 over 5 years.
Is QQQ a good diversifier for CC?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.29 mean?
On the −1 to +1 scale, 0.29 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/cc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cc-vs-qqq/)
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Related comparisons
Hubs: CC correlations · QQQ correlations
