QQQ vs RAMP: Correlation
Invesco QQQ Trust (QQQ) and LiveRamp Holdings, Inc. (RAMP) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RAMP?
Over the past 3 years, QQQ and RAMP moved with a correlation of 0.37, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.19 versus 0.37 over 3 years. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 293.1 %².
By 3-year correlation, RAMP places #862 of the 4755 assets tracked against QQQ. On 12-month performance RAMP holds a 11.8-point edge, +26.3% against +38.1%. Risk is not evenly split, since RAMP carries 2.1 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.
QQQ vs RAMP: side by side
| QQQ (Invesco QQQ Trust) | RAMP (LiveRamp Holdings, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +38.1% |
| 5-year return | +95.4% | -22.9% |
| Volatility (ann.) | 19.6% | 40.4% |
| Beta vs S&P 500 | 1.28 | 1.07 |
| Max drawdown (3Y) | -22.8% | -48.2% |
| Market cap | – | $2.3B |
| P/E (trailing) | – | 15.7 |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
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 | QQQ | RAMP |
|---|---|---|
| 2022 | -32.6% | -51.1% |
| 2023 | +54.9% | +61.6% |
| 2024 | +25.6% | -19.8% |
| 2025 | +20.8% | -3.3% |
| 2026 | +17.7% | +28.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RAMP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and RAMP?
The QQQ/RAMP correlation stands at 0.37 on a 3-year window (1 year: 0.19, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is RAMP a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 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/qqq-vs-ramp.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-ramp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · RAMP correlations
