COLL vs QQQ: Correlation
Collegium Pharmaceutical, Inc. (COLL) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.10.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COLL and QQQ?
On 3 years of weekly data the COLL/QQQ correlation comes out at 0.10, weak. Recent behaviour matches the longer record: 0.02 over 1 year against 0.10 over 3. The 5-year figure is 0.15, and annualized covariance runs at 75.8 %².
Within COLL's tracked universe of 15 assets, QQQ comes in at #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 58.1 percentage points (-31.8% for COLL against +26.3% for QQQ). Note the risk asymmetry: COLL runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
COLL vs QQQ: side by side
| COLL (Collegium Pharmaceutical, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -31.8% | +26.3% |
| 5-year return | +30.2% | +95.4% |
| Volatility (ann.) | 38.1% | 19.6% |
| Beta vs S&P 500 | 0.41 | 1.28 |
| Max drawdown (3Y) | -48.4% | -22.8% |
| Market cap | $0.8B | – |
| P/E (trailing) | 20.8 | – |
| 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 | COLL | QQQ |
|---|---|---|
| 2022 | +24.2% | -32.6% |
| 2023 | +32.7% | +54.9% |
| 2024 | -6.9% | +25.6% |
| 2025 | +61.6% | +20.8% |
| 2026 | -42.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COLL and QQQ good diversifiers for each other?
Yes. With a correlation of 0.10, COLL and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between COLL and QQQ?
As of 2026-08-27, the correlation of weekly returns between COLL and QQQ is 0.10 over 3 years, 0.02 over 1 year and 0.15 over 5 years.
Is QQQ a good diversifier for COLL?
Yes. With a correlation of 0.10, COLL and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.10 mean?
On the −1 to +1 scale, 0.10 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/coll-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/coll-vs-qqq/)
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Related comparisons
Hubs: COLL correlations · QQQ correlations
