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
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 500 | 0.49 | 1.14 |
| Max drawdown (3Y) | -53.3% | -67.6% |
| Market cap | $1.7B | $1.1B |
| P/E (trailing) | 180.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MQ | TRIP |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/mq-vs-trip.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mq-vs-trip/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MQ correlations · TRIP correlations