CTS vs QQQ: Correlation
CTS Corporation (CTS) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTS and QQQ?
Across a 3-year window, the weekly returns of CTS and QQQ correlate at 0.56, moderate. The past 12 months show a weaker link (0.40) than the 3-year average (0.56). Stretching to 5 years gives 0.46, with an annualized covariance of 359.8 %².
Within CTS's tracked universe of 26 assets, QQQ comes in at #19 by 3-year correlation. The trailing year gives CTS the advantage: +35.8% versus +26.3%, a 9.5-point spread. Note the risk asymmetry: CTS runs 1.7 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.
CTS vs QQQ: side by side
| CTS (CTS Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +35.8% | +26.3% |
| 5-year return | +63.4% | +95.4% |
| Volatility (ann.) | 33.0% | 19.6% |
| Beta vs S&P 500 | 1.40 | 1.28 |
| Max drawdown (3Y) | -40.6% | -22.8% |
| Market cap | $1.6B | – |
| P/E (trailing) | 23.8 | – |
| Dividend yield | 0.28% | 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 | CTS | QQQ |
|---|---|---|
| 2022 | +7.8% | -32.6% |
| 2023 | +11.4% | +54.9% |
| 2024 | +20.9% | +25.6% |
| 2025 | -18.4% | +20.8% |
| 2026 | +34.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTS and QQQ good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CTS and QQQ?
As of 2026-08-27, the correlation of weekly returns between CTS and QQQ is 0.56 over 3 years, 0.40 over 1 year and 0.46 over 5 years.
Is QQQ a good diversifier for CTS?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
A reading of 0.56 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/cts-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cts-vs-qqq/)
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Related comparisons
Hubs: CTS correlations · QQQ correlations
