CMCT vs QQQ: Correlation
Measured on weekly returns over the past three years, Creative Media (CMCT) and Invesco QQQ Trust (QQQ) carry a correlation of 0.07, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMCT and QQQ?
On 3 years of weekly data the CMCT/QQQ correlation comes out at 0.07, near zero, meaning they move largely independently. Lately the two have moved closer together, with the 1-year correlation at 0.38 versus 0.07 over 3 years. The 5-year figure is 0.06, and annualized covariance runs at 393.1 %².
By 3-year correlation, QQQ places #13 of the 25 assets tracked against CMCT. The last year tells two different stories: QQQ led by 125.7 percentage points, -99.4% for CMCT against +26.3% for QQQ. Risk is not evenly split, since CMCT carries 15.6 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.
CMCT vs QQQ: side by side
| CMCT (Creative Media) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -99.4% | +26.3% |
| 5-year return | -100.0% | +95.4% |
| Volatility (ann.) | 305.8% | 19.6% |
| Beta vs S&P 500 | 1.22 | 1.28 |
| Max drawdown (3Y) | -100.0% | -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 | CMCT | QQQ |
|---|---|---|
| 2022 | -29.7% | -32.6% |
| 2023 | -18.2% | +54.9% |
| 2024 | -93.3% | +25.6% |
| 2025 | -35.5% | +20.8% |
| 2026 | -98.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMCT and QQQ good diversifiers for each other?
Yes. With a correlation of 0.07, CMCT and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CMCT and QQQ?
As of 2026-08-27, the correlation of weekly returns between CMCT and QQQ is 0.07 over 3 years, 0.38 over 1 year and 0.06 over 5 years.
Is QQQ a good diversifier for CMCT?
Yes. With a correlation of 0.07, CMCT and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.07 mean?
On the −1 to +1 scale, 0.07 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/cmct-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cmct-vs-qqq/)
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Related comparisons
Hubs: CMCT correlations · QQQ correlations
