ABT vs MA: Correlation
Abbott Laboratories (ABT) and Mastercard (MA) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABT and MA?
Over the past 3 years, ABT and MA moved with a correlation of 0.38, which is moderate. Little has changed lately, as the 1-year reading of 0.30 lands near the 3-year figure. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 162.2 %².
By 3-year correlation, MA places #15 of the 29 assets tracked against ABT. On 12-month performance MA holds a 14.0-point edge, -13.2% against +0.8%. On a rolling one-year basis the correlation drifted between 0.25 and 0.57, a moderate band.
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.
ABT vs MA: side by side
| ABT (Abbott Laboratories) | MA (Mastercard) | |
|---|---|---|
| 1-year return | -13.2% | +0.8% |
| 5-year return | -2.3% | +72.6% |
| Volatility (ann.) | 22.0% | 19.3% |
| Beta vs S&P 500 | 0.16 | 0.77 |
| Max drawdown (3Y) | -39.6% | -20.9% |
| Market cap | $193.1B | $518.4B |
| P/E (trailing) | 37.0 | 32.9 |
| Dividend yield | 2.17% | 0.56% |
| Sector / category | Health Care | Financials |
Year-by-year returns
| Year | ABT | MA |
|---|---|---|
| 2022 | -20.7% | -2.7% |
| 2023 | +2.3% | +23.4% |
| 2024 | +4.8% | +24.2% |
| 2025 | +12.9% | +9.0% |
| 2026 | -9.3% | +4.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABT and MA good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ABT and MA?
The ABT/MA correlation stands at 0.38 on a 3-year window (1 year: 0.30, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is MA a good diversifier for ABT?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
A reading of 0.38 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/abt-vs-ma.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abt-vs-ma/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ABT correlations · MA correlations
