CMRC vs QQQ: Correlation
Measured on weekly returns over the past three years, Commerce.com, Inc. - Series 1 (CMRC) and Invesco QQQ Trust (QQQ) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMRC and QQQ?
On 3 years of weekly data the CMRC/QQQ correlation comes out at 0.31, moderate. Recent behaviour matches the longer record: 0.22 over 1 year against 0.31 over 3. The 5-year figure is 0.44, and annualized covariance runs at 324.0 %².
Among the 16 assets we track against CMRC, QQQ sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with QQQ ahead by 76.1 points (-49.8% versus +26.3%). Risk is not evenly split, since CMRC carries 2.7 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.
CMRC vs QQQ: side by side
| CMRC (Commerce.com, Inc. - Series 1) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -49.8% | +26.3% |
| 5-year return | -96.1% | +95.4% |
| Volatility (ann.) | 53.5% | 19.6% |
| Beta vs S&P 500 | 1.40 | 1.28 |
| Max drawdown (3Y) | -81.5% | -22.8% |
| Market cap | $0.2B | – |
| 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 | CMRC | QQQ |
|---|---|---|
| 2022 | -75.3% | -32.6% |
| 2023 | +11.3% | +54.9% |
| 2024 | -37.1% | +25.6% |
| 2025 | -32.7% | +20.8% |
| 2026 | -42.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMRC and QQQ good diversifiers for each other?
Reasonably. At 0.31, CMRC and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CMRC and QQQ?
The CMRC/QQQ correlation stands at 0.31 on a 3-year window (1 year: 0.22, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for CMRC?
Reasonably. At 0.31, CMRC and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 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/cmrc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cmrc-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CMRC correlations · QQQ correlations
