CORZ vs MCD: Correlation
Measured on weekly returns over the past three years, Core Scientific, Inc. (CORZ) and McDonald's (MCD) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CORZ and MCD?
On 3 years of weekly data the CORZ/MCD correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.23 over 1 year against -0.19 over 3. The 5-year figure is n/a, and annualized covariance runs at -300.0 %².
Among the 19 assets we track against CORZ, MCD ranks #11 by 3-year correlation. The last year tells two different stories: CORZ led by 38.6 percentage points, +24.1% for CORZ against -14.5% for MCD. Note the risk asymmetry: CORZ runs 5.0 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.
CORZ vs MCD: side by side
| CORZ (Core Scientific, Inc.) | MCD (McDonald's) | |
|---|---|---|
| 1-year return | +24.1% | -14.5% |
| 5-year return | n/a | +23.3% |
| Volatility (ann.) | 89.6% | 17.8% |
| Beta vs S&P 500 | 2.71 | 0.30 |
| Max drawdown (3Y) | -64.9% | -22.8% |
| Market cap | $5.7B | $184.0B |
| P/E (trailing) | – | 21.7 |
| Dividend yield | 0.00% | 2.75% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | CORZ | MCD |
|---|---|---|
| 2022 | – | +0.5% |
| 2023 | – | +15.1% |
| 2024 | – | +0.1% |
| 2025 | +3.6% | +7.9% |
| 2026 | +21.0% | -13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CORZ 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 CORZ and MCD?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.23 over the last year and n/a over 5 years.
Is MCD a good diversifier for CORZ?
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/corz-vs-mcd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/corz-vs-mcd/)
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Related comparisons
Hubs: CORZ correlations · MCD correlations
