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CRF vs QQQ: Correlation

Measured on weekly returns over the past three years, Cornerstone Total Return Fund, Inc. (The) (CRF) and Invesco QQQ Trust (QQQ) carry a correlation of 0.58, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.58
moderate
Correlation (1Y)
0.58
last 12 months
Correlation (5Y)
0.50
long-run
Ann. covariance
241.8
%² · weekly, annualized

How correlated are CRF and QQQ?

Across a 3-year window, the weekly returns of CRF and QQQ correlate at 0.58, moderate. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. Stretching to 5 years gives 0.50, with an annualized covariance of 241.8 %².

By 3-year correlation, QQQ places #7 of the 12 assets tracked against CRF. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 28.0 percentage points (-1.7% for CRF against +26.3% for QQQ).

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.

CRF vs QQQ: side by side

CRF (Cornerstone Total Return Fund, Inc. (The))QQQ (Invesco QQQ Trust)
1-year return-1.7%+26.3%
5-year return+29.2%+95.4%
Volatility (ann.)21.5%19.6%
Beta vs S&P 5000.911.28
Max drawdown (3Y)-29.6%-22.8%
Market cap$1.1B
P/E (trailing)6.3
Dividend yield21.80%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: CRF 21.80% vs 0.44%Smaller drawdown: QQQ -22.8% vs -29.6%Higher 5y return: QQQ +95.4% vs +29.2%

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.

-7%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CRF · QQQ

Year-by-year returns

YearCRFQQQ
2022-36.7%-32.6%
2023+19.4%+54.9%
2024+44.5%+25.6%
2025+12.5%+20.8%
2026-9.2%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CRF and QQQ good diversifiers for each other?

Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between CRF and QQQ?

Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.58 over the last year and 0.50 over 5 years.

Is QQQ a good diversifier for CRF?

Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.58 mean?

A reading of 0.58 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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CRF vs QQQ: 3-year weekly correlation 0.58CRF vs QQQ0.58

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Hubs: CRF correlations · QQQ correlations