CLVT vs QQQ: Correlation
Measured on weekly returns over the past three years, Clarivate Plc (CLVT) and Invesco QQQ Trust (QQQ) carry a correlation of 0.17, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLVT and QQQ?
Over the past 3 years, CLVT and QQQ moved with a correlation of 0.17, which is weak. The relationship has been stable: the 1-year correlation (0.14) sits close to the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 202.2 %².
QQQ is close to the least connected end of CLVT's tracked universe, ranking #10 of 13. Correlation aside, the last 12 months split them widely, with QQQ ahead by 81.0 points (-54.7% versus +26.3%). Risk is not evenly split, since CLVT carries 3.0 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.
CLVT vs QQQ: side by side
| CLVT (Clarivate Plc) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -54.7% | +26.3% |
| 5-year return | -91.9% | +95.4% |
| Volatility (ann.) | 59.3% | 19.6% |
| Beta vs S&P 500 | 0.99 | 1.28 |
| Max drawdown (3Y) | -82.2% | -22.8% |
| Market cap | $1.3B | – |
| 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 | CLVT | QQQ |
|---|---|---|
| 2022 | -64.5% | -32.6% |
| 2023 | +11.0% | +54.9% |
| 2024 | -45.1% | +25.6% |
| 2025 | -34.3% | +20.8% |
| 2026 | -39.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLVT and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between CLVT and QQQ?
Using weekly returns as of 2026-08-27: 0.17 over 3 years, with 0.14 over the last year and 0.31 over 5 years.
Is QQQ a good diversifier for CLVT?
By historical standards, yes. A correlation of 0.17 means the two rarely move for the same reasons.
What does a correlation of 0.17 mean?
On the −1 to +1 scale, 0.17 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/clvt-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/clvt-vs-qqq/)
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Related comparisons
Hubs: CLVT correlations · QQQ correlations
