MA vs MSCI: Correlation
Mastercard (MA) and MSCI (MSCI) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MA and MSCI?
On 3 years of weekly data the MA/MSCI correlation comes out at 0.45, moderate. The link has loosened recently: the 1-year correlation (0.29) runs below the 3-year figure (0.45). The 5-year figure is 0.51, and annualized covariance runs at 222.4 %².
Within MA's tracked universe of 46 assets, MSCI comes in at #29 by 3-year correlation. Neither side won the trailing year by much: +0.8% against +1.3%. On a rolling one-year basis the correlation drifted between 0.19 and 0.64, a moderate band.
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 MSCI: side by side
| MA (Mastercard) | MSCI (MSCI) | |
|---|---|---|
| 1-year return | +0.8% | +1.3% |
| 5-year return | +72.6% | -5.6% |
| Volatility (ann.) | 19.3% | 25.4% |
| Beta vs S&P 500 | 0.77 | 0.85 |
| Max drawdown (3Y) | -20.9% | -26.0% |
| Market cap | $518.4B | $41.4B |
| P/E (trailing) | 32.9 | 30.9 |
| Dividend yield | 0.56% | 1.36% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | MA | MSCI |
|---|---|---|
| 2022 | -2.7% | -23.3% |
| 2023 | +23.4% | +22.9% |
| 2024 | +24.2% | +7.3% |
| 2025 | +9.0% | -3.2% |
| 2026 | +4.2% | +0.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MA and MSCI good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MA and MSCI?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.29 over the last year and 0.51 over 5 years.
Is MSCI a good diversifier for MA?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ma-vs-msci.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ma-vs-msci/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MA correlations · MSCI correlations
