JCTC vs QQQ: Correlation
Jewett-Cameron Trading Company (JCTC) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.11.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JCTC and QQQ?
On 3 years of weekly data the JCTC/QQQ correlation comes out at 0.11, weak. The link has tightened recently: the 1-year correlation (0.23) runs above the 3-year figure (0.11). The 5-year figure is 0.09, and annualized covariance runs at 97.2 %².
QQQ is close to the least connected end of JCTC's tracked universe, ranking #7 of 10. The last year tells two different stories: QQQ led by 45.1 percentage points, -18.8% for JCTC against +26.3% for QQQ. Risk is not evenly split, since JCTC carries 2.3 times the volatility of the other side.
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.
JCTC vs QQQ: side by side
| JCTC (Jewett-Cameron Trading Company) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -18.8% | +26.3% |
| 5-year return | -72.2% | +95.4% |
| Volatility (ann.) | 44.2% | 19.6% |
| Beta vs S&P 500 | 0.37 | 1.28 |
| Max drawdown (3Y) | -74.1% | -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 | JCTC | QQQ |
|---|---|---|
| 2022 | -32.4% | -32.6% |
| 2023 | -4.7% | +54.9% |
| 2024 | -14.5% | +25.6% |
| 2025 | -51.5% | +20.8% |
| 2026 | +30.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JCTC and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.11 means the two rarely move for the same reasons.
FAQ
What is the correlation between JCTC and QQQ?
Using weekly returns as of 2026-08-27: 0.11 over 3 years, with 0.23 over the last year and 0.09 over 5 years.
Is QQQ a good diversifier for JCTC?
By historical standards, yes. A correlation of 0.11 means the two rarely move for the same reasons.
What does a correlation of 0.11 mean?
On the −1 to +1 scale, 0.11 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/jctc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/jctc-vs-qqq/)
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Related comparisons
Hubs: JCTC correlations · QQQ correlations
