CRWS vs QQQ: Correlation
How closely do Crown Crafts, Inc. (CRWS) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.22, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRWS and QQQ?
Over the past 3 years, CRWS and QQQ moved with a correlation of 0.22, which is weak. Little has changed lately, as the 1-year reading of 0.31 lands near the 3-year figure. Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 105.4 %².
Among the 13 assets we track against CRWS, QQQ sits near the bottom by co-movement, at rank #10. Correlation aside, the last 12 months split them widely, with QQQ ahead by 21.0 points (+5.3% versus +26.3%).
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.
CRWS vs QQQ: side by side
| CRWS (Crown Crafts, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +5.3% | +26.3% |
| 5-year return | -41.3% | +95.4% |
| Volatility (ann.) | 24.2% | 19.6% |
| Beta vs S&P 500 | 0.48 | 1.28 |
| Max drawdown (3Y) | -48.8% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 6.3 | – |
| Dividend yield | 10.88% | 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 | CRWS | QQQ |
|---|---|---|
| 2022 | -22.7% | -32.6% |
| 2023 | -1.2% | +54.9% |
| 2024 | -3.4% | +25.6% |
| 2025 | -31.7% | +20.8% |
| 2026 | +10.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRWS and QQQ good diversifiers for each other?
A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CRWS and QQQ?
The CRWS/QQQ correlation stands at 0.22 on a 3-year window (1 year: 0.31, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for CRWS?
A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.22 mean?
On the −1 to +1 scale, 0.22 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.
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Related comparisons
Hubs: CRWS correlations · QQQ correlations
