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MQ vs TRIP: Correlation

Marqeta, Inc. (MQ) and TripAdvisor, Inc. (TRIP) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.

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

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.49
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
914.3
%² · weekly, annualized

How correlated are MQ and TRIP?

On 3 years of weekly data the MQ/TRIP correlation comes out at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 914.3 %².

Within MQ's tracked universe of 18 assets, TRIP comes in at #5 by 3-year correlation. On 12-month performance MQ holds a 7.4-point edge, -35.4% against -42.8%.

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.

MQ vs TRIP: side by side

MQ (Marqeta, Inc.)TRIP (TripAdvisor, Inc.)
1-year return-35.4%-42.8%
5-year return-85.0%-71.6%
Volatility (ann.)43.5%54.5%
Beta vs S&P 5000.491.14
Max drawdown (3Y)-53.3%-67.6%
Market cap$1.7B$1.1B
P/E (trailing)180.1
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MQ -53.3% vs -67.6%Higher 5y return: TRIP -71.6% vs -85.0%
-48%0%+7%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). MQ · TRIP

Year-by-year returns

YearMQTRIP
2022-64.4%-34.0%
2023+14.2%+19.7%
2024-45.7%-31.4%
2025+25.3%-1.4%
2026-14.7%-32.8%

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

Are MQ and TRIP good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between MQ and TRIP?

Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.49 over the last year and 0.37 over 5 years.

Is TRIP a good diversifier for MQ?

Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.39 mean?

A reading of 0.39 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/mq-vs-trip.json

MQ vs TRIP: 3-year weekly correlation 0.39MQ vs TRIP0.39

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Related comparisons

Hubs: MQ correlations · TRIP correlations