CRM vs QQQ: Correlation
Measured on weekly returns over the past three years, Salesforce (CRM) and Invesco QQQ Trust (QQQ) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRM and QQQ?
Across a 3-year window, the weekly returns of CRM and QQQ correlate at 0.45, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.19 versus 0.45 over 3 years. Stretching to 5 years gives 0.60, with an annualized covariance of 331.0 %².
Among the 68 assets we track against CRM, QQQ ranks #54 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 24.7 percentage points (+1.6% for CRM against +26.3% for QQQ). This link changes with the market regime, having swung between 0.22 and 0.80 on a rolling one-year basis. One caveat on sizing: CRM is 1.9 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.
CRM vs QQQ: side by side
| CRM (Salesforce) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +1.6% | +26.3% |
| 5-year return | -3.2% | +95.4% |
| Volatility (ann.) | 37.6% | 19.6% |
| Beta vs S&P 500 | 1.21 | 1.28 |
| Max drawdown (3Y) | -58.7% | -22.8% |
| Market cap | $207.4B | – |
| P/E (trailing) | 18.8 | – |
| Dividend yield | 0.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Information Technology | 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 | CRM | QQQ |
|---|---|---|
| 2022 | -47.8% | -32.6% |
| 2023 | +98.5% | +54.9% |
| 2024 | +27.8% | +25.6% |
| 2025 | -20.2% | +20.8% |
| 2026 | -4.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRM and QQQ good diversifiers for each other?
Reasonably. At 0.45, CRM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CRM and QQQ?
As of 2026-08-27, the correlation of weekly returns between CRM and QQQ is 0.45 over 3 years, 0.19 over 1 year and 0.60 over 5 years.
Is QQQ a good diversifier for CRM?
Reasonably. At 0.45, CRM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 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/crm-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/crm-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRM correlations · QQQ correlations
