CIRC vs QQQ: Correlation
Circle8 Group, Inc. (CIRC) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is -0.04.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIRC and QQQ?
Over the past 3 years, CIRC and QQQ moved with a correlation of -0.04, which is near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (-0.14) sits close to the 3-year figure. Over 5 years the correlation is 0.05, and the annualized covariance of weekly returns is -173.5 %².
By 3-year correlation, QQQ places #8 of the 14 assets tracked against CIRC. The last year tells two different stories: QQQ led by 109.8 percentage points, -83.5% for CIRC against +26.3% for QQQ. Risk is not evenly split, since CIRC carries 10.6 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.
CIRC vs QQQ: side by side
| CIRC (Circle8 Group, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -83.5% | +26.3% |
| 5-year return | -99.7% | +95.4% |
| Volatility (ann.) | 207.6% | 19.6% |
| Beta vs S&P 500 | -0.24 | 1.28 |
| Max drawdown (3Y) | -98.0% | -22.8% |
| Market cap | $0.1B | – |
| 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 | CIRC | QQQ |
|---|---|---|
| 2022 | -84.4% | -32.6% |
| 2023 | -64.5% | +54.9% |
| 2024 | +18.2% | +25.6% |
| 2025 | -72.7% | +20.8% |
| 2026 | -46.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIRC and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of -0.04 means the two rarely move for the same reasons.
FAQ
What is the correlation between CIRC and QQQ?
Using weekly returns as of 2026-08-27: -0.04 over 3 years, with -0.14 over the last year and 0.05 over 5 years.
Is QQQ a good diversifier for CIRC?
By historical standards, yes. A correlation of -0.04 means the two rarely move for the same reasons.
What does a correlation of -0.04 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/circ-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/circ-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CIRC correlations · QQQ correlations
