FNF vs MKC: Correlation
Fidelity National Financial, Inc. (FNF) and McCormick & Company (MKC) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNF and MKC?
On 3 years of weekly data the FNF/MKC correlation comes out at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. The 5-year figure is 0.38, and annualized covariance runs at 309.6 %².
Within FNF's tracked universe of 14 assets, MKC comes in at #8 by 3-year correlation. Their 12-month results are close: -15.7% for FNF against -20.3% for MKC.
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.
FNF vs MKC: side by side
| FNF (Fidelity National Financial, Inc.) | MKC (McCormick & Company) | |
|---|---|---|
| 1-year return | -15.7% | -20.3% |
| 5-year return | +27.3% | -28.5% |
| Volatility (ann.) | 24.8% | 26.5% |
| Beta vs S&P 500 | 0.66 | 0.24 |
| Max drawdown (3Y) | -30.0% | -44.3% |
| Market cap | $12.7B | $14.7B |
| P/E (trailing) | 16.5 | 9.2 |
| Dividend yield | 4.34% | 3.38% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | FNF | MKC |
|---|---|---|
| 2022 | -21.6% | -12.7% |
| 2023 | +42.2% | -15.7% |
| 2024 | +14.0% | +14.0% |
| 2025 | +4.4% | -8.3% |
| 2026 | -11.4% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNF and MKC good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FNF and MKC?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.46 over the last year and 0.38 over 5 years.
Is MKC a good diversifier for FNF?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 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/fnf-vs-mkc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fnf-vs-mkc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FNF correlations · MKC correlations
