CTO vs QQQ: Correlation
CTO Realty Growth, Inc. (CTO) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTO and QQQ?
On 3 years of weekly data the CTO/QQQ correlation comes out at 0.19, weak. The past 12 months show a weaker link (0.07) than the 3-year average (0.19). The 5-year figure is 0.33, and annualized covariance runs at 66.6 %².
Out of 12 assets tracked against CTO, QQQ lands near the bottom at #9. Over the last 12 months CTO came out ahead by 9.5 percentage points (+35.8% against +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.
CTO vs QQQ: side by side
| CTO (CTO Realty Growth, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +35.8% | +26.3% |
| 5-year return | +74.0% | +95.4% |
| Volatility (ann.) | 18.0% | 19.6% |
| Beta vs S&P 500 | 0.39 | 1.28 |
| Max drawdown (3Y) | -21.4% | -22.8% |
| Market cap | $0.8B | – |
| P/E (trailing) | 15.8 | – |
| Dividend yield | 7.00% | 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 | CTO | QQQ |
|---|---|---|
| 2022 | -4.0% | -32.6% |
| 2023 | +3.7% | +54.9% |
| 2024 | +23.6% | +25.6% |
| 2025 | +1.6% | +20.8% |
| 2026 | +21.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTO and QQQ good diversifiers for each other?
Yes. With a correlation of 0.19, CTO and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CTO and QQQ?
The CTO/QQQ correlation stands at 0.19 on a 3-year window (1 year: 0.07, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for CTO?
Yes. With a correlation of 0.19, CTO and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.19 mean?
A reading of 0.19 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/cto-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cto-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CTO correlations · QQQ correlations
