LAZ vs MC: Correlation
Lazard, Inc. (LAZ) and Moelis & Company (MC) show a strong relationship: their 3-year correlation of weekly returns is 0.72.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAZ and MC?
Over the past 3 years, LAZ and MC moved with a correlation of 0.72, which is strong. Little has changed lately, as the 1-year reading of 0.66 lands near the 3-year figure. Over 5 years the correlation is 0.74, and the annualized covariance of weekly returns is 925.3 %².
Few assets follow LAZ as closely as MC, which ranks #2 of 14 tracked partners. Correlation aside, the last 12 months split them widely, with MC ahead by 20.4 points (-21.9% versus -1.5%).
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.
LAZ vs MC: side by side
| LAZ (Lazard, Inc.) | MC (Moelis & Company) | |
|---|---|---|
| 1-year return | -21.9% | -1.5% |
| 5-year return | +14.6% | +42.5% |
| Volatility (ann.) | 36.4% | 35.1% |
| Beta vs S&P 500 | 1.49 | 1.41 |
| Max drawdown (3Y) | -44.2% | -39.3% |
| Market cap | $4.2B | $5.1B |
| P/E (trailing) | 21.1 | 23.4 |
| Dividend yield | 4.67% | 3.87% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAZ | MC |
|---|---|---|
| 2022 | -16.2% | -35.2% |
| 2023 | +6.9% | +54.9% |
| 2024 | +54.8% | +37.1% |
| 2025 | -1.6% | -3.1% |
| 2026 | -8.2% | +2.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAZ and MC good diversifiers for each other?
Only partially. A correlation of 0.72 means LAZ and MC 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 LAZ and MC?
The LAZ/MC correlation stands at 0.72 on a 3-year window (1 year: 0.66, 5 years: 0.74), computed from weekly returns as of 2026-08-27.
Is MC a good diversifier for LAZ?
Only partially. A correlation of 0.72 means LAZ and MC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.72 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/laz-vs-mc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/laz-vs-mc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LAZ correlations · MC correlations
