LAMR vs QQQ: Correlation
Lamar Advertising Company (LAMR) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAMR and QQQ?
Over the past 3 years, LAMR and QQQ moved with a correlation of 0.42, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.24 versus 0.42 over 3 years. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 202.0 %².
Within LAMR's tracked universe of 14 assets, QQQ comes in at #9 by 3-year correlation. Neither side won the trailing year by much: +24.0% against +26.3%.
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.
LAMR vs QQQ: side by side
| LAMR (Lamar Advertising Company) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +24.0% | +26.3% |
| 5-year return | +68.6% | +95.4% |
| Volatility (ann.) | 24.7% | 19.6% |
| Beta vs S&P 500 | 0.90 | 1.28 |
| Max drawdown (3Y) | -23.9% | -22.8% |
| Market cap | $15.3B | – |
| P/E (trailing) | 27.5 | – |
| Dividend yield | 4.15% | 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 | LAMR | QQQ |
|---|---|---|
| 2022 | -18.0% | -32.6% |
| 2023 | +18.6% | +54.9% |
| 2024 | +20.0% | +25.6% |
| 2025 | +9.7% | +20.8% |
| 2026 | +21.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAMR and QQQ good diversifiers for each other?
Reasonably. At 0.42, LAMR and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LAMR and QQQ?
As of 2026-08-27, the correlation of weekly returns between LAMR and QQQ is 0.42 over 3 years, 0.24 over 1 year and 0.55 over 5 years.
Is QQQ a good diversifier for LAMR?
Reasonably. At 0.42, LAMR and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 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/lamr-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lamr-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LAMR correlations · QQQ correlations
