CXAI vs QQQ: Correlation
How closely do CXApp Inc. (CXAI) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.02, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CXAI and QQQ?
On 3 years of weekly data the CXAI/QQQ correlation comes out at 0.02, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (0.02) sits close to the 3-year figure. The 5-year figure is 0.01, and annualized covariance runs at 1112.3 %².
Among the 10 assets we track against CXAI, QQQ sits near the bottom by co-movement, at rank #7. Their recent paths diverged sharply: over the last 12 months CXAI outperformed by 381.4 percentage points (+407.7% for CXAI against +26.3% for QQQ). Note the risk asymmetry: CXAI runs 190.7 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.
CXAI vs QQQ: side by side
| CXAI (CXApp Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +407.7% | +26.3% |
| 5-year return | -60.0% | +95.4% |
| Volatility (ann.) | 3738.0% | 19.6% |
| Beta vs S&P 500 | 6.69 | 1.28 |
| Max drawdown (3Y) | -98.3% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 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 | CXAI | QQQ |
|---|---|---|
| 2022 | +0.8% | -32.6% |
| 2023 | -87.2% | +54.9% |
| 2024 | +41.1% | +25.6% |
| 2025 | -81.8% | +20.8% |
| 2026 | +1092.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CXAI and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.02 means the two rarely move for the same reasons.
FAQ
What is the correlation between CXAI and QQQ?
As of 2026-08-27, the correlation of weekly returns between CXAI and QQQ is 0.02 over 3 years, 0.02 over 1 year and 0.01 over 5 years.
Is QQQ a good diversifier for CXAI?
By historical standards, yes. A correlation of 0.02 means the two rarely move for the same reasons.
What does a correlation of 0.02 mean?
A reading of 0.02 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: CXAI correlations · QQQ correlations
