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BR vs MCO: Correlation

Broadridge Financial Solutions (BR) and Moody's Corporation (MCO) show a strong relationship: their 3-year correlation of weekly returns is 0.62.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.62
strong
Correlation (1Y)
0.67
last 12 months
Correlation (5Y)
0.65
long-run
Ann. covariance
360.9
%² · weekly, annualized

How correlated are BR and MCO?

Across a 3-year window, the weekly returns of BR and MCO correlate at 0.62, strong. Little has changed lately, as the 1-year reading of 0.67 lands near the 3-year figure. Stretching to 5 years gives 0.65, with an annualized covariance of 360.9 %².

Among the 45 assets we track against BR, MCO ranks #4 by 3-year correlation. The last year tells two different stories: MCO led by 28.3 percentage points, -27.6% for BR against +0.7% for MCO. Across three years, the rolling one-year figure varied moderately, from 0.38 to 0.73.

+1.0+0.50-0.5-1.020232026-08-27
How the one-year correlation itself moved over the past three years.
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.

BR vs MCO: side by side

BR (Broadridge Financial Solutions)MCO (Moody's Corporation)
1-year return-27.6%+0.7%
5-year return+16.0%+39.4%
Volatility (ann.)22.6%25.8%
Beta vs S&P 5000.651.08
Max drawdown (3Y)-48.2%-24.7%
Market cap$20.9B$88.2B
P/E (trailing)18.932.7
Dividend yield2.15%0.77%
Sector / categoryIndustrialsFinancials
Lower P/E: BR 18.9 vs 32.7Higher yield: BR 2.15% vs 0.77%Smaller drawdown: MCO -24.7% vs -48.2%Higher 5y return: MCO +39.4% vs +16.0%
-44%0%+8%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BR · MCO

Year-by-year returns

YearBRMCO
2022-25.3%-28.0%
2023+56.2%+41.5%
2024+11.7%+22.2%
2025+0.3%+8.7%
2026-17.0%+0.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BR and MCO good diversifiers for each other?

Only partially. A correlation of 0.62 means BR and MCO 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 BR and MCO?

As of 2026-08-27, the correlation of weekly returns between BR and MCO is 0.62 over 3 years, 0.67 over 1 year and 0.65 over 5 years.

Is MCO a good diversifier for BR?

Only partially. A correlation of 0.62 means BR and MCO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.62 mean?

A reading of 0.62 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

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BR vs MCO: 3-year weekly correlation 0.62BR vs MCO0.62

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Related comparisons

Hubs: BR correlations · MCO correlations