PairBook
HomeMKTW › MKTW vs QCOM

MKTW vs QCOM: Correlation

Measured on weekly returns over the past three years, MarketWise, Inc. (MKTW) and Qualcomm (QCOM) carry a correlation of 0.34, a moderate link.

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

Correlation (3Y)
0.34
moderate
Correlation (1Y)
0.32
last 12 months
Correlation (5Y)
0.33
long-run
Ann. covariance
901.8
%² · weekly, annualized

How correlated are MKTW and QCOM?

On 3 years of weekly data the MKTW/QCOM correlation comes out at 0.34, moderate. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. The 5-year figure is 0.33, and annualized covariance runs at 901.8 %².

By 3-year correlation, QCOM places #5 of the 10 assets tracked against MKTW. The trailing year gives MKTW the advantage: +11.0% versus +5.3%, a 5.7-point spread.

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.

MKTW vs QCOM: side by side

MKTW (MarketWise, Inc.)QCOM (Qualcomm)
1-year return+11.0%+5.3%
5-year return-85.0%+25.8%
Volatility (ann.)63.2%42.4%
Beta vs S&P 5000.831.77
Max drawdown (3Y)-85.2%-44.2%
Market cap$176.0B
P/E (trailing)19.818.9
Dividend yield5.08%2.19%
Sector / categoryUS ListedInformation Technology
Lower P/E: QCOM 18.9 vs 19.8Higher yield: MKTW 5.08% vs 2.19%Smaller drawdown: QCOM -44.2% vs -85.2%Higher 5y return: QCOM +25.8% vs -85.0%
-23%0%+59%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. MKTW · QCOM

Year-by-year returns

YearMKTWQCOM
2022-77.7%-38.6%
2023+75.8%+35.1%
2024-78.2%+8.3%
2025+50.2%+13.8%
2026+28.6%-2.7%

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

Are MKTW and QCOM good diversifiers for each other?

A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between MKTW and QCOM?

Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.32 over the last year and 0.33 over 5 years.

Is QCOM a good diversifier for MKTW?

A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.34 mean?

A reading of 0.34 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/mktw-vs-qcom.json

MKTW vs QCOM: 3-year weekly correlation 0.34MKTW vs QCOM0.34

Embed this badge (it refreshes with the data), with attribution:

[![MKTW vs QCOM correlation](https://www.pairbook.io/api/v1/badge/mktw-vs-qcom.svg)](https://www.pairbook.io/pair/mktw-vs-qcom/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: MKTW correlations · QCOM correlations