CLM vs QQQ: Correlation
Measured on weekly returns over the past three years, Cornerstone Strategic Investment Fund, Inc. (CLM) and Invesco QQQ Trust (QQQ) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLM and QQQ?
Over the past 3 years, CLM and QQQ moved with a correlation of 0.58, which is moderate. Recent behaviour matches the longer record: 0.56 over 1 year against 0.58 over 3. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 225.7 %².
QQQ is close to the least connected end of CLM's tracked universe, ranking #7 of 10. Correlation aside, the last 12 months split them widely, with QQQ ahead by 27.7 points (-1.4% versus +26.3%).
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.
CLM vs QQQ: side by side
| CLM (Cornerstone Strategic Investment Fund, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -1.4% | +26.3% |
| 5-year return | +31.9% | +95.4% |
| Volatility (ann.) | 19.8% | 19.6% |
| Beta vs S&P 500 | 0.86 | 1.28 |
| Max drawdown (3Y) | -23.9% | -22.8% |
| Market cap | $2.1B | – |
| P/E (trailing) | 6.1 | – |
| Dividend yield | 21.96% | 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 | CLM | QQQ |
|---|---|---|
| 2022 | -36.7% | -32.6% |
| 2023 | +17.5% | +54.9% |
| 2024 | +41.6% | +25.6% |
| 2025 | +18.5% | +20.8% |
| 2026 | -9.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLM and QQQ good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CLM and QQQ?
As of 2026-08-27, the correlation of weekly returns between CLM and QQQ is 0.58 over 3 years, 0.56 over 1 year and 0.51 over 5 years.
Is QQQ a good diversifier for CLM?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 mean?
A reading of 0.58 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/clm-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/clm-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CLM correlations · QQQ correlations
