EVR vs MS: Correlation
How closely do Evercore Inc. (EVR) and Morgan Stanley (MS) trade together? Their weekly returns over three years give a correlation of 0.75, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVR and MS?
Across a 3-year window, the weekly returns of EVR and MS correlate at 0.75, strong. Recent behaviour matches the longer record: 0.69 over 1 year against 0.75 over 3. Stretching to 5 years gives 0.72, with an annualized covariance of 757.2 %².
Among the 22 assets we track against EVR, MS ranks #8 by 3-year correlation. The last year tells two different stories: MS led by 56.1 percentage points, -9.0% for EVR against +47.1% for MS.
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.
EVR vs MS: side by side
| EVR (Evercore Inc.) | MS (Morgan Stanley) | |
|---|---|---|
| 1-year return | -9.0% | +47.1% |
| 5-year return | +125.5% | +142.0% |
| Volatility (ann.) | 35.8% | 28.3% |
| Beta vs S&P 500 | 1.64 | 1.43 |
| Max drawdown (3Y) | -47.9% | -29.2% |
| Market cap | $11.2B | $337.5B |
| P/E (trailing) | 16.4 | 17.4 |
| Dividend yield | 1.19% | 1.94% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | EVR | MS |
|---|---|---|
| 2022 | -17.6% | -10.3% |
| 2023 | +60.6% | +13.9% |
| 2024 | +64.3% | +39.7% |
| 2025 | +24.3% | +45.2% |
| 2026 | -13.7% | +23.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVR and MS good diversifiers for each other?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EVR and MS?
Using weekly returns as of 2026-08-27: 0.75 over 3 years, with 0.69 over the last year and 0.72 over 5 years.
Is MS a good diversifier for EVR?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.75 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/evr-vs-ms.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/evr-vs-ms/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EVR correlations · MS correlations
