MA vs MLEC: Correlation
Mastercard (MA) and Moolec Science SA (MLEC) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MA and MLEC?
Across a 3-year window, the weekly returns of MA and MLEC correlate at -0.18, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.23) sits close to the 3-year figure. Stretching to 5 years gives -0.08, with an annualized covariance of -364.9 %².
Within MA's tracked universe of 46 assets, MLEC comes in at #38 by 3-year correlation. The last year tells two different stories: MA led by 65.1 percentage points, +0.8% for MA against -64.3% for MLEC. Risk is not evenly split, since MLEC carries 5.4 times the volatility of the other side.
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.
MA vs MLEC: side by side
| MA (Mastercard) | MLEC (Moolec Science SA) | |
|---|---|---|
| 1-year return | +0.8% | -64.3% |
| 5-year return | +72.6% | -99.5% |
| Volatility (ann.) | 19.3% | 104.4% |
| Beta vs S&P 500 | 0.77 | -0.21 |
| Max drawdown (3Y) | -20.9% | -99.3% |
| Market cap | $518.4B | – |
| P/E (trailing) | 32.9 | – |
| Dividend yield | 0.56% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | MA | MLEC |
|---|---|---|
| 2022 | -2.7% | +22.7% |
| 2023 | +23.4% | -79.7% |
| 2024 | +24.2% | -67.5% |
| 2025 | +9.0% | -96.8% |
| 2026 | +4.2% | +78.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MA and MLEC good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MA and MLEC?
As of 2026-08-27, the correlation of weekly returns between MA and MLEC is -0.18 over 3 years, -0.23 over 1 year and -0.08 over 5 years.
Is MLEC a good diversifier for MA?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 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/ma-vs-mlec.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ma-vs-mlec/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MA correlations · MLEC correlations
