FICO vs MCO: Correlation
Fair Isaac (FICO) and Moody's Corporation (MCO) 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 FICO and MCO?
Over the past 3 years, FICO and MCO moved with a correlation of 0.52, which is moderate. The relationship has been stable: the 1-year correlation (0.52) sits close to the 3-year figure. Over 5 years the correlation is 0.57, and the annualized covariance of weekly returns is 607.2 %².
Few assets follow FICO as closely as MCO, which ranks #3 of 30 tracked partners. Their recent paths diverged sharply: over the last 12 months MCO outperformed by 19.2 percentage points (-18.5% for FICO against +0.7% for MCO). Across three years, the rolling one-year figure varied moderately, from 0.42 to 0.78. Note the risk asymmetry: FICO runs 1.7 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.
FICO vs MCO: side by side
| FICO (Fair Isaac) | MCO (Moody's Corporation) | |
|---|---|---|
| 1-year return | -18.5% | +0.7% |
| 5-year return | +154.2% | +39.4% |
| Volatility (ann.) | 45.1% | 25.8% |
| Beta vs S&P 500 | 1.27 | 1.08 |
| Max drawdown (3Y) | -61.3% | -24.7% |
| Market cap | $25.0B | $88.2B |
| P/E (trailing) | 32.8 | 32.7 |
| Dividend yield | 0.00% | 0.77% |
| Sector / category | Information Technology | Financials |
Year-by-year returns
| Year | FICO | MCO |
|---|---|---|
| 2022 | +38.0% | -28.0% |
| 2023 | +94.5% | +41.5% |
| 2024 | +71.0% | +22.2% |
| 2025 | -15.1% | +8.7% |
| 2026 | -31.6% | +0.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FICO and MCO good diversifiers for each other?
Only partially. A correlation of 0.52 means FICO 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 FICO and MCO?
As of 2026-08-27, the correlation of weekly returns between FICO and MCO is 0.52 over 3 years, 0.52 over 1 year and 0.57 over 5 years.
Is MCO a good diversifier for FICO?
Only partially. A correlation of 0.52 means FICO 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 0.52 mean?
A reading of 0.52 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
$ curl https://www.pairbook.io/api/v1/pairs/fico-vs-mco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fico-vs-mco/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FICO correlations · MCO correlations
