CIK vs QQQ: Correlation
How closely do Credit Suisse Asset Management Income Fund, Inc. (CIK) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.59, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIK and QQQ?
Over the past 3 years, CIK and QQQ moved with a correlation of 0.59, which is moderate. Little has changed lately, as the 1-year reading of 0.61 lands near the 3-year figure. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 132.5 %².
Out of 11 assets tracked against CIK, QQQ lands near the bottom at #7. The last year tells two different stories: QQQ led by 35.6 percentage points, -9.3% for CIK against +26.3% for QQQ. One caveat on sizing: QQQ is 1.7 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.
CIK vs QQQ: side by side
| CIK (Credit Suisse Asset Management Income Fund, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -9.3% | +26.3% |
| 5-year return | +11.7% | +95.4% |
| Volatility (ann.) | 11.5% | 19.6% |
| Beta vs S&P 500 | 0.50 | 1.28 |
| Max drawdown (3Y) | -15.4% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 17.4 | – |
| Dividend yield | 11.11% | 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 | CIK | QQQ |
|---|---|---|
| 2022 | -19.0% | -32.6% |
| 2023 | +37.1% | +54.9% |
| 2024 | +1.2% | +25.6% |
| 2025 | +7.8% | +20.8% |
| 2026 | -8.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIK and QQQ good diversifiers for each other?
Only partially. A correlation of 0.59 means CIK and QQQ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CIK and QQQ?
Using weekly returns as of 2026-08-27: 0.59 over 3 years, with 0.61 over the last year and 0.47 over 5 years.
Is QQQ a good diversifier for CIK?
Only partially. A correlation of 0.59 means CIK and QQQ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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/cik-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cik-vs-qqq/)
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Related comparisons
Hubs: CIK correlations · QQQ correlations
