CETY vs QQQ: Correlation
Clean Energy Technologies, Inc. (CETY) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.10.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CETY and QQQ?
Across a 3-year window, the weekly returns of CETY and QQQ correlate at 0.10, weak. Lately the two have moved closer together, with the 1-year correlation at 0.26 versus 0.10 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 203.6 %².
Among the 10 assets we track against CETY, QQQ sits near the bottom by co-movement, at rank #6. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 100.4 percentage points (-74.1% for CETY against +26.3% for QQQ). One caveat on sizing: CETY is 5.2 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.
CETY vs QQQ: side by side
| CETY (Clean Energy Technologies, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -74.1% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 102.9% | 19.6% |
| Beta vs S&P 500 | 0.53 | 1.28 |
| Max drawdown (3Y) | -98.5% | -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 | CETY | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | -59.1% | +25.6% |
| 2025 | -92.1% | +20.8% |
| 2026 | +35.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CETY and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.10 means the two rarely move for the same reasons.
FAQ
What is the correlation between CETY and QQQ?
Using weekly returns as of 2026-08-27: 0.10 over 3 years, with 0.26 over the last year and n/a over 5 years.
Is QQQ a good diversifier for CETY?
By historical standards, yes. A correlation of 0.10 means the two rarely move for the same reasons.
What does a correlation of 0.10 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/cety-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cety-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CETY correlations · QQQ correlations
