AMPY vs MCD: Correlation
How closely do Amplify Energy Corp. (AMPY) and McDonald's (MCD) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPY and MCD?
On 3 years of weekly data the AMPY/MCD correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.01 versus -0.19 over 3 years. The 5-year figure is -0.08, and annualized covariance runs at -190.1 %².
MCD is close to the least connected end of AMPY's tracked universe, ranking #8 of 12. The last year tells two different stories: AMPY led by 30.2 percentage points, +15.7% for AMPY against -14.5% for MCD. Note the risk asymmetry: AMPY runs 3.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AMPY vs MCD: side by side
| AMPY (Amplify Energy Corp.) | MCD (McDonald's) | |
|---|---|---|
| 1-year return | +15.7% | -14.5% |
| 5-year return | +30.1% | +23.3% |
| Volatility (ann.) | 56.4% | 17.8% |
| Beta vs S&P 500 | 0.28 | 0.30 |
| Max drawdown (3Y) | -71.1% | -22.8% |
| Market cap | $0.2B | $184.0B |
| P/E (trailing) | 9.1 | 21.7 |
| Dividend yield | 0.00% | 2.75% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | AMPY | MCD |
|---|---|---|
| 2022 | +182.6% | +0.5% |
| 2023 | -32.5% | +15.1% |
| 2024 | +1.2% | +0.1% |
| 2025 | -23.8% | +7.9% |
| 2026 | +3.1% | -13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPY and MCD good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between AMPY and MCD?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with 0.01 over the last year and -0.08 over 5 years.
Is MCD a good diversifier for AMPY?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 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/ampy-vs-mcd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ampy-vs-mcd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMPY correlations · MCD correlations
