CRH vs QQQ: Correlation
CRH plc (CRH) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRH and QQQ?
Over the past 3 years, CRH and QQQ moved with a correlation of 0.55, which is moderate. The past 12 months show a weaker link (0.43) than the 3-year average (0.55). Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 318.3 %².
By 3-year correlation, QQQ places #21 of the 40 assets tracked against CRH. The last year tells two different stories: QQQ led by 40.9 percentage points, -14.6% for CRH against +26.3% for QQQ. The rolling one-year correlation moved between 0.38 and 0.71 over the past three years, a moderate range. Note the risk asymmetry: CRH runs 1.5 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.
CRH vs QQQ: side by side
| CRH (CRH plc) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -14.6% | +26.3% |
| 5-year return | +104.1% | +95.4% |
| Volatility (ann.) | 29.7% | 19.6% |
| Beta vs S&P 500 | 1.26 | 1.28 |
| Max drawdown (3Y) | -28.4% | -22.8% |
| Market cap | $63.6B | – |
| P/E (trailing) | 17.2 | – |
| Dividend yield | 1.57% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Materials | 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 | CRH | QQQ |
|---|---|---|
| 2022 | -20.5% | -32.6% |
| 2023 | +81.3% | +54.9% |
| 2024 | +35.9% | +25.6% |
| 2025 | +35.9% | +20.8% |
| 2026 | -22.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRH and QQQ good diversifiers for each other?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CRH and QQQ?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.43 over the last year and 0.54 over 5 years.
Is QQQ a good diversifier for CRH?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.55 mean?
A reading of 0.55 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/crh-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/crh-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRH correlations · QQQ correlations
