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IZEA vs TMQ: Correlation

Measured on weekly returns over the past three years, IZEA Worldwide, Inc. (IZEA) and Trilogy Metals Inc. (TMQ) carry a correlation of 0.33, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.33
moderate
Correlation (1Y)
0.60
last 12 months
Correlation (5Y)
0.27
long-run
Ann. covariance
2181.2
%² · weekly, annualized

How correlated are IZEA and TMQ?

On 3 years of weekly data the IZEA/TMQ correlation comes out at 0.33, moderate. The past 12 months show a tighter link (0.60) than the 3-year average (0.33). The 5-year figure is 0.27, and annualized covariance runs at 2181.2 %².

By 3-year correlation, TMQ places #4 of the 10 assets tracked against IZEA. The last year tells two different stories: TMQ led by 151.9 percentage points, -25.6% for IZEA against +126.3% for TMQ. One caveat on sizing: TMQ is 2.6 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.

IZEA vs TMQ: side by side

IZEA (IZEA Worldwide, Inc.)TMQ (Trilogy Metals Inc.)
1-year return-25.6%+126.3%
5-year return-66.3%+85.3%
Volatility (ann.)49.7%131.6%
Beta vs S&P 5000.930.28
Max drawdown (3Y)-50.0%-72.5%
Market cap$0.1B$0.7B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: IZEA -50.0% vs -72.5%Higher 5y return: TMQ +85.3% vs -66.3%
-16%0%+251%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. IZEA · TMQ

Year-by-year returns

YearIZEATMQ
2022-59.5%-66.7%
2023-7.5%-21.8%
2024+36.8%+169.8%
2025+59.3%+271.6%
2026-29.0%-12.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are IZEA and TMQ good diversifiers for each other?

Reasonably. At 0.33, IZEA and TMQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between IZEA and TMQ?

As of 2026-08-27, the correlation of weekly returns between IZEA and TMQ is 0.33 over 3 years, 0.60 over 1 year and 0.27 over 5 years.

Is TMQ a good diversifier for IZEA?

Reasonably. At 0.33, IZEA and TMQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.33 mean?

A reading of 0.33 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/izea-vs-tmq.json

IZEA vs TMQ: 3-year weekly correlation 0.33IZEA vs TMQ0.33

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Hubs: IZEA correlations · TMQ correlations