MKTW vs QQQ: Correlation
How closely do MarketWise, Inc. (MKTW) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.19, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MKTW and QQQ?
Over the past 3 years, MKTW and QQQ moved with a correlation of 0.19, which is weak. Lately the two have drifted apart, with the 1-year correlation at 0.05 versus 0.19 over 3 years. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 233.7 %².
Among the 10 assets we track against MKTW, QQQ sits near the bottom by co-movement, at rank #6. The last year tells two different stories: QQQ led by 15.3 percentage points, +11.0% for MKTW against +26.3% for QQQ. Note the risk asymmetry: MKTW runs 3.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 QQQ: side by side
| MKTW (MarketWise, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +11.0% | +26.3% |
| 5-year return | -85.0% | +95.4% |
| Volatility (ann.) | 63.2% | 19.6% |
| Beta vs S&P 500 | 0.83 | 1.28 |
| Max drawdown (3Y) | -85.2% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 19.8 | – |
| Dividend yield | 5.08% | 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 | MKTW | QQQ |
|---|---|---|
| 2022 | -77.7% | -32.6% |
| 2023 | +75.8% | +54.9% |
| 2024 | -78.2% | +25.6% |
| 2025 | +50.2% | +20.8% |
| 2026 | +28.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MKTW and QQQ good diversifiers for each other?
Yes. With a correlation of 0.19, MKTW and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MKTW and QQQ?
The MKTW/QQQ correlation stands at 0.19 on a 3-year window (1 year: 0.05, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for MKTW?
Yes. With a correlation of 0.19, MKTW and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.19 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/mktw-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mktw-vs-qqq/)
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Related comparisons
Hubs: MKTW correlations · QQQ correlations
