CELC vs QQQ: Correlation
How closely do Celcuity Inc. (CELC) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.11, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELC and QQQ?
Across a 3-year window, the weekly returns of CELC and QQQ correlate at 0.11, weak. The past 12 months show a tighter link (0.37) than the 3-year average (0.11). Stretching to 5 years gives 0.09, with an annualized covariance of 262.9 %².
Among the 38 assets we track against CELC, QQQ ranks #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CELC ahead by 60.3 points (+86.6% versus +26.3%). Risk is not evenly split, since CELC carries 6.4 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.
CELC vs QQQ: side by side
| CELC (Celcuity Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +86.6% | +26.3% |
| 5-year return | +324.8% | +95.4% |
| Volatility (ann.) | 124.5% | 19.6% |
| Beta vs S&P 500 | 0.76 | 1.28 |
| Max drawdown (3Y) | -62.0% | -22.8% |
| Market cap | $4.6B | – |
| 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 | CELC | QQQ |
|---|---|---|
| 2022 | +6.2% | -32.6% |
| 2023 | +4.0% | +54.9% |
| 2024 | -10.2% | +25.6% |
| 2025 | +662.0% | +20.8% |
| 2026 | -6.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELC and QQQ good diversifiers for each other?
Yes. With a correlation of 0.11, CELC and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CELC and QQQ?
The CELC/QQQ correlation stands at 0.11 on a 3-year window (1 year: 0.37, 5 years: 0.09), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for CELC?
Yes. With a correlation of 0.11, CELC and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.11 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
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[](https://www.pairbook.io/pair/celc-vs-qqq/)
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Related comparisons
Hubs: CELC correlations · QQQ correlations
