OCC vs QQQ: Correlation
Measured on weekly returns over the past three years, Optical Cable Corporation (OCC) and Invesco QQQ Trust (QQQ) carry a correlation of 0.17, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OCC and QQQ?
Across a 3-year window, the weekly returns of OCC and QQQ correlate at 0.17, weak. The relationship has been stable: the 1-year correlation (0.16) sits close to the 3-year figure. Stretching to 5 years gives 0.12, with an annualized covariance of 355.0 %².
By 3-year correlation, QQQ places #8 of the 20 assets tracked against OCC. The last year tells two different stories: OCC led by 91.3 percentage points, +117.6% for OCC against +26.3% for QQQ. One caveat on sizing: OCC is 5.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
OCC vs QQQ: side by side
| OCC (Optical Cable Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +117.6% | +26.3% |
| 5-year return | +297.7% | +95.4% |
| Volatility (ann.) | 105.3% | 19.6% |
| Beta vs S&P 500 | 1.07 | 1.28 |
| Max drawdown (3Y) | -61.1% | -22.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | 106.5 | – |
| 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 | OCC | QQQ |
|---|---|---|
| 2022 | -17.7% | -32.6% |
| 2023 | -38.9% | +54.9% |
| 2024 | +33.7% | +25.6% |
| 2025 | +23.3% | +20.8% |
| 2026 | +211.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OCC and QQQ good diversifiers for each other?
Yes. With a correlation of 0.17, OCC and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between OCC and QQQ?
Using weekly returns as of 2026-08-27: 0.17 over 3 years, with 0.16 over the last year and 0.12 over 5 years.
Is QQQ a good diversifier for OCC?
Yes. With a correlation of 0.17, OCC and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.17 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
$ curl https://www.pairbook.io/api/v1/pairs/occ-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/occ-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OCC correlations · QQQ correlations
