CROX vs QQQ: Correlation
Crocs, Inc. (CROX) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CROX and QQQ?
Over the past 3 years, CROX and QQQ moved with a correlation of 0.26, which is weak. The relationship has been stable: the 1-year correlation (0.29) sits close to the 3-year figure. Over 5 years the correlation is 0.38, and the annualized covariance of weekly returns is 245.6 %².
Out of 10 assets tracked against CROX, QQQ lands near the bottom at #7. On 12-month performance CROX holds a 14.2-point edge, +40.5% against +26.3%. Note the risk asymmetry: CROX runs 2.4 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.
CROX vs QQQ: side by side
| CROX (Crocs, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +40.5% | +26.3% |
| 5-year return | -16.9% | +95.4% |
| Volatility (ann.) | 47.7% | 19.6% |
| Beta vs S&P 500 | 0.93 | 1.28 |
| Max drawdown (3Y) | -54.0% | -22.8% |
| Market cap | $5.8B | – |
| P/E (trailing) | 11.0 | – |
| 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 | CROX | QQQ |
|---|---|---|
| 2022 | -15.4% | -32.6% |
| 2023 | -13.9% | +54.9% |
| 2024 | +17.3% | +25.6% |
| 2025 | -21.9% | +20.8% |
| 2026 | +42.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CROX and QQQ good diversifiers for each other?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CROX and QQQ?
The CROX/QQQ correlation stands at 0.26 on a 3-year window (1 year: 0.29, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for CROX?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.26 mean?
On the −1 to +1 scale, 0.26 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/crox-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/crox-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CROX correlations · QQQ correlations
