CNTX vs QQQ: Correlation
How closely do Context Therapeutics Inc. (CNTX) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.11, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNTX and QQQ?
On 3 years of weekly data the CNTX/QQQ correlation comes out at 0.11, weak. Lately the two have drifted apart, with the 1-year correlation at -0.03 versus 0.11 over 3 years. The 5-year figure is 0.19, and annualized covariance runs at 213.3 %².
Out of 10 assets tracked against CNTX, QQQ lands near the bottom at #7. The last year tells two different stories: QQQ led by 77.9 percentage points, -51.6% for CNTX against +26.3% for QQQ. One caveat on sizing: CNTX is 5.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CNTX vs QQQ: side by side
| CNTX (Context Therapeutics Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -51.6% | +26.3% |
| 5-year return | -91.8% | +95.4% |
| Volatility (ann.) | 102.4% | 19.6% |
| Beta vs S&P 500 | 0.87 | 1.28 |
| Max drawdown (3Y) | -87.6% | -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 | CNTX | QQQ |
|---|---|---|
| 2022 | -75.5% | -32.6% |
| 2023 | +73.3% | +54.9% |
| 2024 | -7.1% | +25.6% |
| 2025 | +40.0% | +20.8% |
| 2026 | -71.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNTX and QQQ good diversifiers for each other?
Yes: at 0.11, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CNTX and QQQ?
As of 2026-08-27, the correlation of weekly returns between CNTX and QQQ is 0.11 over 3 years, -0.03 over 1 year and 0.19 over 5 years.
Is QQQ a good diversifier for CNTX?
Yes: at 0.11, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.11 mean?
On the −1 to +1 scale, 0.11 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
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Related comparisons
Hubs: CNTX correlations · QQQ correlations
