CHRN vs QQQ: Correlation
Measured on weekly returns over the past three years, ChronoScale Holdings Corporation (CHRN) and Invesco QQQ Trust (QQQ) carry a correlation of 0.20, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHRN and QQQ?
Across a 3-year window, the weekly returns of CHRN and QQQ correlate at 0.20, weak. Recent behaviour matches the longer record: 0.16 over 1 year against 0.20 over 3. Stretching to 5 years gives 0.20, with an annualized covariance of 386.1 %².
Out of 11 assets tracked against CHRN, QQQ lands near the bottom at #7. Their recent paths diverged sharply: over the last 12 months CHRN outperformed by 419.4 percentage points (+445.7% for CHRN against +26.3% for QQQ). Risk is not evenly split, since CHRN carries 5.1 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.
CHRN vs QQQ: side by side
| CHRN (ChronoScale Holdings Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +445.7% | +26.3% |
| 5-year return | -70.2% | +95.4% |
| Volatility (ann.) | 99.6% | 19.6% |
| Beta vs S&P 500 | 1.58 | 1.28 |
| Max drawdown (3Y) | -93.9% | -22.8% |
| Market cap | $3.0B | – |
| 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 | CHRN | QQQ |
|---|---|---|
| 2022 | -55.1% | -32.6% |
| 2023 | +110.1% | +54.9% |
| 2024 | -75.6% | +25.6% |
| 2025 | -5.6% | +20.8% |
| 2026 | +140.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHRN and QQQ good diversifiers for each other?
Reasonably. At 0.20, CHRN and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CHRN and QQQ?
As of 2026-08-27, the correlation of weekly returns between CHRN and QQQ is 0.20 over 3 years, 0.16 over 1 year and 0.20 over 5 years.
Is QQQ a good diversifier for CHRN?
Reasonably. At 0.20, CHRN and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.20 mean?
A reading of 0.20 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/chrn-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/chrn-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHRN correlations · QQQ correlations
