AXP vs V: Correlation
American Express (AXP) and Visa Inc. (V) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AXP and V?
Over the past 3 years, AXP and V moved with a correlation of 0.52, which is moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.52 over 3. Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 264.9 %².
Among the 35 assets we track against AXP, V ranks #21 by 3-year correlation. Their 12-month results are close: +4.7% for AXP against +9.2% for V. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.15 to 0.75.
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.
AXP vs V: side by side
| AXP (American Express) | V (Visa Inc.) | |
|---|---|---|
| 1-year return | +4.7% | +9.2% |
| 5-year return | +116.2% | +70.5% |
| Volatility (ann.) | 26.6% | 19.1% |
| Beta vs S&P 500 | 1.20 | 0.72 |
| Max drawdown (3Y) | -28.8% | -20.4% |
| Market cap | $225.7B | $708.8B |
| P/E (trailing) | 20.4 | 32.7 |
| Dividend yield | 1.05% | 0.70% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | AXP | V |
|---|---|---|
| 2022 | -8.5% | -3.4% |
| 2023 | +28.7% | +26.3% |
| 2024 | +60.3% | +22.3% |
| 2025 | +26.0% | +11.8% |
| 2026 | -8.9% | +8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AXP and V good diversifiers for each other?
Only partially. A correlation of 0.52 means AXP and V share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AXP and V?
As of 2026-08-27, the correlation of weekly returns between AXP and V is 0.52 over 3 years, 0.45 over 1 year and 0.63 over 5 years.
Is V a good diversifier for AXP?
Only partially. A correlation of 0.52 means AXP and V share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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.
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Related comparisons
Hubs: AXP correlations · V correlations
