QQQ vs TRIP: Correlation
How closely do Invesco QQQ Trust (QQQ) and TripAdvisor, Inc. (TRIP) trade together? Their weekly returns over three years give a correlation of 0.24, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and TRIP?
On 3 years of weekly data the QQQ/TRIP correlation comes out at 0.24, weak. Lately the two have drifted apart, with the 1-year correlation at 0.04 versus 0.24 over 3 years. The 5-year figure is 0.30, and annualized covariance runs at 257.6 %².
By 3-year correlation, TRIP places #2328 of the 4755 assets tracked against QQQ. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 69.1 percentage points (+26.3% for QQQ against -42.8% for TRIP). One caveat on sizing: TRIP is 2.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 TRIP: side by side
| QQQ (Invesco QQQ Trust) | TRIP (TripAdvisor, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -42.8% |
| 5-year return | +95.4% | -71.6% |
| Volatility (ann.) | 19.6% | 54.5% |
| Beta vs S&P 500 | 1.28 | 1.14 |
| Max drawdown (3Y) | -22.8% | -67.6% |
| Market cap | – | $1.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | TRIP |
|---|---|---|
| 2022 | -32.6% | -34.0% |
| 2023 | +54.9% | +19.7% |
| 2024 | +25.6% | -31.4% |
| 2025 | +20.8% | -1.4% |
| 2026 | +17.7% | -32.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and TRIP good diversifiers for each other?
Reasonably. At 0.24, QQQ and TRIP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and TRIP?
As of 2026-08-27, the correlation of weekly returns between QQQ and TRIP is 0.24 over 3 years, 0.04 over 1 year and 0.30 over 5 years.
Is TRIP a good diversifier for QQQ?
Reasonably. At 0.24, QQQ and TRIP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 mean?
On the −1 to +1 scale, 0.24 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-trip.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-trip/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · TRIP correlations
