GTY vs MKC: Correlation
Getty Realty Corporation (GTY) and McCormick & Company (MKC) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GTY and MKC?
Across a 3-year window, the weekly returns of GTY and MKC correlate at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.54 lands near the 3-year figure. Stretching to 5 years gives 0.39, with an annualized covariance of 230.8 %².
Within GTY's tracked universe of 19 assets, MKC comes in at #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GTY outperformed by 43.5 percentage points (+23.2% for GTY 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.
GTY vs MKC: side by side
| GTY (Getty Realty Corporation) | MKC (McCormick & Company) | |
|---|---|---|
| 1-year return | +23.2% | -20.3% |
| 5-year return | +40.7% | -28.5% |
| Volatility (ann.) | 18.8% | 26.5% |
| Beta vs S&P 500 | 0.13 | 0.24 |
| Max drawdown (3Y) | -17.9% | -44.3% |
| Market cap | $2.0B | $14.7B |
| P/E (trailing) | 20.2 | 9.2 |
| Dividend yield | 5.79% | 3.38% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | GTY | MKC |
|---|---|---|
| 2022 | +11.7% | -12.7% |
| 2023 | -8.8% | -15.7% |
| 2024 | +9.9% | +14.0% |
| 2025 | -2.9% | -8.3% |
| 2026 | +24.0% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GTY and MKC good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GTY and MKC?
As of 2026-08-27, the correlation of weekly returns between GTY and MKC is 0.46 over 3 years, 0.54 over 1 year and 0.39 over 5 years.
Is MKC a good diversifier for GTY?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 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/gty-vs-mkc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gty-vs-mkc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GTY correlations · MKC correlations
