CRSR vs QTEX: Correlation
Corsair Gaming, Inc. (CRSR) and QTREX Quantum Ltd. (QTEX) 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 CRSR and QTEX?
Over the past 3 years, CRSR and QTEX moved with a correlation of 0.55, which is moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.55). Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 8416.0 %².
In CRSR's tracked universe of 19 assets, QTEX sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months CRSR outperformed by 62.7 percentage points (+35.5% for CRSR against -27.2% for QTEX). Note the risk asymmetry: QTEX runs 3.0 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.
CRSR vs QTEX: side by side
| CRSR (Corsair Gaming, Inc.) | QTEX (QTREX Quantum Ltd.) | |
|---|---|---|
| 1-year return | +35.5% | -27.2% |
| 5-year return | -57.7% | -75.2% |
| Volatility (ann.) | 71.0% | 214.5% |
| Beta vs S&P 500 | 2.22 | 2.83 |
| Max drawdown (3Y) | -71.3% | -86.9% |
| Market cap | $1.3B | $0.1B |
| P/E (trailing) | 38.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRSR | QTEX |
|---|---|---|
| 2022 | -35.4% | -69.0% |
| 2023 | +3.9% | -17.8% |
| 2024 | -53.1% | -3.8% |
| 2025 | -10.1% | -11.8% |
| 2026 | +101.7% | -6.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRSR and QTEX 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 CRSR and QTEX?
The CRSR/QTEX correlation stands at 0.55 on a 3-year window (1 year: 0.66, 5 years: 0.47), computed from weekly returns as of 2026-08-27.
Is QTEX a good diversifier for CRSR?
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?
On the −1 to +1 scale, 0.55 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
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Related comparisons
Hubs: CRSR correlations · QTEX correlations
