CIX vs QQQ: Correlation
Measured on weekly returns over the past three years, CompX International Inc. (CIX) and Invesco QQQ Trust (QQQ) carry a correlation of 0.24, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIX and QQQ?
On 3 years of weekly data the CIX/QQQ correlation comes out at 0.24, weak. Recent behaviour matches the longer record: 0.22 over 1 year against 0.24 over 3. The 5-year figure is 0.24, and annualized covariance runs at 276.4 %².
By 3-year correlation, QQQ places #6 of the 11 assets tracked against CIX. On 12-month performance CIX holds a 5.4-point edge, +31.7% against +26.3%. Note the risk asymmetry: CIX runs 3.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CIX vs QQQ: side by side
| CIX (CompX International Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +31.7% | +26.3% |
| 5-year return | +117.2% | +95.4% |
| Volatility (ann.) | 59.7% | 19.6% |
| Beta vs S&P 500 | 0.98 | 1.28 |
| Max drawdown (3Y) | -43.9% | -22.8% |
| Market cap | $0.4B | – |
| P/E (trailing) | 18.0 | – |
| Dividend yield | 3.75% | 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 | CIX | QQQ |
|---|---|---|
| 2022 | -8.0% | -32.6% |
| 2023 | +43.6% | +54.9% |
| 2024 | +14.7% | +25.6% |
| 2025 | -3.2% | +20.8% |
| 2026 | +40.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIX and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.24 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CIX and QQQ?
The CIX/QQQ correlation stands at 0.24 on a 3-year window (1 year: 0.22, 5 years: 0.24), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for CIX?
Yes, to a useful degree: a correlation of 0.24 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.24 mean?
On the −1 to +1 scale, 0.24 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: CIX correlations · QQQ correlations
