DMRC vs QQQ: Correlation
How closely do Digimarc Corporation (DMRC) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DMRC and QQQ?
On 3 years of weekly data the DMRC/QQQ correlation comes out at 0.50, moderate. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. The 5-year figure is 0.45, and annualized covariance runs at 740.0 %².
By 3-year correlation, QQQ places #5 of the 16 assets tracked against DMRC. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 52.4 percentage points (-26.1% for DMRC against +26.3% for QQQ). One caveat on sizing: DMRC is 3.9 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.
DMRC vs QQQ: side by side
| DMRC (Digimarc Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -26.1% | +26.3% |
| 5-year return | -77.7% | +95.4% |
| Volatility (ann.) | 76.3% | 19.6% |
| Beta vs S&P 500 | 2.38 | 1.28 |
| Max drawdown (3Y) | -90.8% | -22.8% |
| Market cap | $0.1B | – |
| 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 | DMRC | QQQ |
|---|---|---|
| 2022 | -53.2% | -32.6% |
| 2023 | +95.3% | +54.9% |
| 2024 | +3.7% | +25.6% |
| 2025 | -82.5% | +20.8% |
| 2026 | -4.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DMRC and QQQ good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DMRC and QQQ?
As of 2026-08-27, the correlation of weekly returns between DMRC and QQQ is 0.50 over 3 years, 0.58 over 1 year and 0.45 over 5 years.
Is QQQ a good diversifier for DMRC?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 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/dmrc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dmrc-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DMRC correlations · QQQ correlations
