CLPS vs QQQ: Correlation
How closely do CLPS Incorporation (CLPS) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.02, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLPS and QQQ?
On 3 years of weekly data the CLPS/QQQ correlation comes out at 0.02, near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of -0.08 lands near the 3-year figure. The 5-year figure is 0.15, and annualized covariance runs at 19.2 %².
Out of 10 assets tracked against CLPS, QQQ lands near the bottom at #7. The last year tells two different stories: QQQ led by 23.4 percentage points, +2.9% for CLPS against +26.3% for QQQ. Risk is not evenly split, since CLPS carries 2.9 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.
CLPS vs QQQ: side by side
| CLPS (CLPS Incorporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +2.9% | +26.3% |
| 5-year return | -61.2% | +95.4% |
| Volatility (ann.) | 56.0% | 19.6% |
| Beta vs S&P 500 | 0.17 | 1.28 |
| Max drawdown (3Y) | -50.4% | -22.8% |
| Market cap | – | – |
| 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 | CLPS | QQQ |
|---|---|---|
| 2022 | -40.3% | -32.6% |
| 2023 | +0.7% | +54.9% |
| 2024 | +22.7% | +25.6% |
| 2025 | -31.4% | +20.8% |
| 2026 | +33.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLPS and QQQ good diversifiers for each other?
Yes: at 0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CLPS and QQQ?
As of 2026-08-27, the correlation of weekly returns between CLPS and QQQ is 0.02 over 3 years, -0.08 over 1 year and 0.15 over 5 years.
Is QQQ a good diversifier for CLPS?
Yes: at 0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.02 mean?
A reading of 0.02 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/clps-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/clps-vs-qqq/)
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Related comparisons
Hubs: CLPS correlations · QQQ correlations
