CCEL vs QQQ: Correlation
How closely do Cryo-Cell International, Inc. (CCEL) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.02, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCEL and QQQ?
Over the past 3 years, CCEL and QQQ moved with a correlation of 0.02, which is near zero, meaning they move largely independently. The past 12 months show a tighter link (0.22) than the 3-year average (0.02). Over 5 years the correlation is 0.04, and the annualized covariance of weekly returns is 26.8 %².
QQQ is close to the least connected end of CCEL's tracked universe, ranking #7 of 11. Correlation aside, the last 12 months split them widely, with QQQ ahead by 29.9 points (-3.6% versus +26.3%). Note the risk asymmetry: CCEL runs 2.8 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.
CCEL vs QQQ: side by side
| CCEL (Cryo-Cell International, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -3.6% | +26.3% |
| 5-year return | -53.4% | +95.4% |
| Volatility (ann.) | 55.4% | 19.6% |
| Beta vs S&P 500 | 0.21 | 1.28 |
| Max drawdown (3Y) | -66.3% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 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 | CCEL | QQQ |
|---|---|---|
| 2022 | -58.5% | -32.6% |
| 2023 | +35.9% | +54.9% |
| 2024 | +32.7% | +25.6% |
| 2025 | -50.6% | +20.8% |
| 2026 | +23.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCEL and QQQ good diversifiers for each other?
Yes. With a correlation of 0.02, CCEL and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CCEL and QQQ?
Using weekly returns as of 2026-08-27: 0.02 over 3 years, with 0.22 over the last year and 0.04 over 5 years.
Is QQQ a good diversifier for CCEL?
Yes. With a correlation of 0.02, CCEL and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.02 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/ccel-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ccel-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CCEL correlations · QQQ correlations
