CCSI vs QQQ: Correlation
Measured on weekly returns over the past three years, Consensus Cloud Solutions, Inc. (CCSI) and Invesco QQQ Trust (QQQ) carry a correlation of 0.24, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCSI and QQQ?
Over the past 3 years, CCSI and QQQ moved with a correlation of 0.24, which is weak. The link has tightened recently: the 1-year correlation (0.36) runs above the 3-year figure (0.24). Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is 306.2 %².
Among the 16 assets we track against CCSI, QQQ sits near the bottom by co-movement, at rank #13. Correlation aside, the last 12 months split them widely, with CCSI ahead by 23.1 points (+49.4% versus +26.3%). Risk is not evenly split, since CCSI carries 3.4 times the volatility of the other side.
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.
CCSI vs QQQ: side by side
| CCSI (Consensus Cloud Solutions, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +49.4% | +26.3% |
| 5-year return | +11.8% | +95.4% |
| Volatility (ann.) | 66.1% | 19.6% |
| Beta vs S&P 500 | 1.27 | 1.28 |
| Max drawdown (3Y) | -63.8% | -22.8% |
| Market cap | $0.7B | – |
| P/E (trailing) | 7.8 | – |
| 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 | CCSI | QQQ |
|---|---|---|
| 2022 | -7.1% | -32.6% |
| 2023 | -51.2% | +54.9% |
| 2024 | -9.0% | +25.6% |
| 2025 | -8.5% | +20.8% |
| 2026 | +82.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCSI and QQQ good diversifiers for each other?
Reasonably. At 0.24, CCSI and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CCSI and QQQ?
As of 2026-08-27, the correlation of weekly returns between CCSI and QQQ is 0.24 over 3 years, 0.36 over 1 year and 0.25 over 5 years.
Is QQQ a good diversifier for CCSI?
Reasonably. At 0.24, CCSI and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 mean?
On the −1 to +1 scale, 0.24 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/ccsi-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ccsi-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CCSI correlations · QQQ correlations
