CRON vs QQQ: Correlation
Measured on weekly returns over the past three years, Cronos Group Inc. - Common Share (CRON) and Invesco QQQ Trust (QQQ) carry a correlation of 0.19, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRON and QQQ?
On 3 years of weekly data the CRON/QQQ correlation comes out at 0.19, weak. Lately the two have drifted apart, with the 1-year correlation at 0.01 versus 0.19 over 3 years. The 5-year figure is 0.27, and annualized covariance runs at 154.6 %².
Out of 13 assets tracked against CRON, QQQ lands near the bottom at #10. Over the last 12 months CRON came out ahead by 6.1 percentage points (+32.4% against +26.3%). Risk is not evenly split, since CRON carries 2.1 times the volatility of the other side.
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.
CRON vs QQQ: side by side
| CRON (Cronos Group Inc. - Common Share) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +32.4% | +26.3% |
| 5-year return | -47.1% | +95.4% |
| Volatility (ann.) | 41.8% | 19.6% |
| Beta vs S&P 500 | 0.75 | 1.28 |
| Max drawdown (3Y) | -46.4% | -22.8% |
| Market cap | $1.2B | – |
| P/E (trailing) | 18.8 | – |
| 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 | CRON | QQQ |
|---|---|---|
| 2022 | -35.2% | -32.6% |
| 2023 | -17.7% | +54.9% |
| 2024 | -3.3% | +25.6% |
| 2025 | +30.2% | +20.8% |
| 2026 | +28.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRON and QQQ good diversifiers for each other?
Yes. With a correlation of 0.19, CRON and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CRON and QQQ?
As of 2026-08-27, the correlation of weekly returns between CRON and QQQ is 0.19 over 3 years, 0.01 over 1 year and 0.27 over 5 years.
Is QQQ a good diversifier for CRON?
Yes. With a correlation of 0.19, CRON and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.19 mean?
On the −1 to +1 scale, 0.19 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/cron-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cron-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRON correlations · QQQ correlations
