CHGA vs QQQ: Correlation
How closely do Change Agents Corporation (CHGA) 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 CHGA and QQQ?
Over the past 3 years, CHGA and QQQ moved with a correlation of 0.11, which is weak. Little has changed lately, as the 1-year reading of 0.06 lands near the 3-year figure. Over 5 years the correlation is 0.08, and the annualized covariance of weekly returns is 314.2 %².
Among the 10 assets we track against CHGA, QQQ sits near the bottom by co-movement, at rank #6. The last year tells two different stories: QQQ led by 120.0 percentage points, -93.7% for CHGA against +26.3% for QQQ. One caveat on sizing: CHGA is 7.6 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.
CHGA vs QQQ: side by side
| CHGA (Change Agents Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -93.7% | +26.3% |
| 5-year return | -99.9% | +95.4% |
| Volatility (ann.) | 148.9% | 19.6% |
| Beta vs S&P 500 | 0.96 | 1.28 |
| Max drawdown (3Y) | -99.3% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 0.1 | – |
| 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 | CHGA | QQQ |
|---|---|---|
| 2022 | -36.6% | -32.6% |
| 2023 | -90.7% | +54.9% |
| 2024 | -55.0% | +25.6% |
| 2025 | -63.2% | +20.8% |
| 2026 | -89.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHGA and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.11 means the two rarely move for the same reasons.
FAQ
What is the correlation between CHGA and QQQ?
Using weekly returns as of 2026-08-27: 0.11 over 3 years, with 0.06 over the last year and 0.08 over 5 years.
Is QQQ a good diversifier for CHGA?
By historical standards, yes. A correlation of 0.11 means the two rarely move for the same reasons.
What does a correlation of 0.11 mean?
On the −1 to +1 scale, 0.11 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
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Related comparisons
Hubs: CHGA correlations · QQQ correlations
