OCCI vs QQQ: Correlation
OFS Credit Company, Inc. - Closed End Fund (OCCI) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OCCI and QQQ?
On 3 years of weekly data the OCCI/QQQ correlation comes out at 0.30, moderate. The relationship has been stable: the 1-year correlation (0.28) sits close to the 3-year figure. The 5-year figure is 0.24, and annualized covariance runs at 194.0 %².
Among the 11 assets we track against OCCI, QQQ sits near the bottom by co-movement, at rank #8. Correlation aside, the last 12 months split them widely, with QQQ ahead by 69.2 points (-42.9% versus +26.3%). One caveat on sizing: OCCI is 1.7 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.
OCCI vs QQQ: side by side
| OCCI (OFS Credit Company, Inc. - Closed End Fund) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -42.9% | +26.3% |
| 5-year return | -47.0% | +95.4% |
| Volatility (ann.) | 32.5% | 19.6% |
| Beta vs S&P 500 | 0.76 | 1.28 |
| Max drawdown (3Y) | -56.1% | -22.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 47.53% | 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 | OCCI | QQQ |
|---|---|---|
| 2022 | -25.8% | -32.6% |
| 2023 | -1.3% | +54.9% |
| 2024 | +31.4% | +25.6% |
| 2025 | -14.4% | +20.8% |
| 2026 | -36.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OCCI and QQQ good diversifiers for each other?
Reasonably. At 0.30, OCCI and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between OCCI and QQQ?
As of 2026-08-27, the correlation of weekly returns between OCCI and QQQ is 0.30 over 3 years, 0.28 over 1 year and 0.24 over 5 years.
Is QQQ a good diversifier for OCCI?
Reasonably. At 0.30, OCCI and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 mean?
A reading of 0.30 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/occi-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/occi-vs-qqq/)
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Related comparisons
Hubs: OCCI correlations · QQQ correlations
