CUZ vs QQQ: Correlation
Cousins Properties Incorporated (CUZ) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CUZ and QQQ?
Over the past 3 years, CUZ and QQQ moved with a correlation of 0.28, which is weak. Lately the two have drifted apart, with the 1-year correlation at 0.18 versus 0.28 over 3 years. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 152.0 %².
QQQ is close to the least connected end of CUZ's tracked universe, ranking #16 of 19. The last year tells two different stories: QQQ led by 19.3 percentage points, +7.0% for CUZ against +26.3% for QQQ.
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.
CUZ vs QQQ: side by side
| CUZ (Cousins Properties Incorporated) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +7.0% | +26.3% |
| 5-year return | -3.8% | +95.4% |
| Volatility (ann.) | 27.6% | 19.6% |
| Beta vs S&P 500 | 0.82 | 1.28 |
| Max drawdown (3Y) | -29.4% | -22.8% |
| Market cap | $4.9B | – |
| P/E (trailing) | 737.2 | – |
| Dividend yield | 4.32% | 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 | CUZ | QQQ |
|---|---|---|
| 2022 | -34.7% | -32.6% |
| 2023 | +2.0% | +54.9% |
| 2024 | +32.6% | +25.6% |
| 2025 | -12.1% | +20.8% |
| 2026 | +18.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CUZ and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CUZ and QQQ?
As of 2026-08-27, the correlation of weekly returns between CUZ and QQQ is 0.28 over 3 years, 0.18 over 1 year and 0.37 over 5 years.
Is QQQ a good diversifier for CUZ?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: CUZ correlations · QQQ correlations
