MRX vs QQQ: Correlation
Marex Group Limited (MRX) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MRX and QQQ?
On 3 years of weekly data the MRX/QQQ correlation comes out at 0.15, weak. The relationship has been stable: the 1-year correlation (0.07) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 118.0 %².
By 3-year correlation, QQQ places #8 of the 16 assets tracked against MRX. Correlation aside, the last 12 months split them widely, with MRX ahead by 73.3 points (+99.6% versus +26.3%). Risk is not evenly split, since MRX carries 2.0 times the volatility of the other side.
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.
MRX vs QQQ: side by side
| MRX (Marex Group Limited) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +99.6% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 39.3% | 19.6% |
| Beta vs S&P 500 | 0.44 | 1.28 |
| Max drawdown (3Y) | -41.1% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 14.6 | – |
| Dividend yield | 1.04% | 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 | MRX | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | – | +25.6% |
| 2025 | +25.1% | +20.8% |
| 2026 | +87.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MRX and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between MRX and QQQ?
As of 2026-08-27, the correlation of weekly returns between MRX and QQQ is 0.15 over 3 years, 0.07 over 1 year and n/a over 5 years.
Is QQQ a good diversifier for MRX?
By historical standards, yes. A correlation of 0.15 means the two rarely move for the same reasons.
What does a correlation of 0.15 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/mrx-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mrx-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MRX correlations · QQQ correlations
