MA vs SOLV: Correlation
How closely do Mastercard (MA) and Solventum (SOLV) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MA and SOLV?
Across a 3-year window, the weekly returns of MA and SOLV correlate at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 281.6 %².
By 3-year correlation, SOLV places #27 of the 46 assets tracked against MA. Their recent paths diverged sharply: over the last 12 months SOLV outperformed by 23.9 percentage points (+0.8% for MA against +24.7% for SOLV). On a rolling one-year basis the correlation drifted between 0.32 and 0.70, a moderate band. Risk is not evenly split, since SOLV carries 1.6 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 SOLV: side by side
| MA (Mastercard) | SOLV (Solventum) | |
|---|---|---|
| 1-year return | +0.8% | +24.7% |
| 5-year return | +72.6% | n/a |
| Volatility (ann.) | 19.3% | 30.4% |
| Beta vs S&P 500 | 0.77 | 0.62 |
| Max drawdown (3Y) | -20.9% | -40.0% |
| Market cap | $518.4B | $15.5B |
| P/E (trailing) | 32.9 | 11.2 |
| Dividend yield | 0.56% | 0.00% |
| Sector / category | Financials | Health Care |
Year-by-year returns
| Year | MA | SOLV |
|---|---|---|
| 2022 | -2.7% | – |
| 2023 | +23.4% | – |
| 2024 | +24.2% | – |
| 2025 | +9.0% | +20.0% |
| 2026 | +4.2% | +14.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MA and SOLV 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 MA and SOLV?
As of 2026-08-27, the correlation of weekly returns between MA and SOLV is 0.47 over 3 years, 0.45 over 1 year and n/a over 5 years.
Is SOLV a good diversifier for MA?
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?
On the −1 to +1 scale, 0.47 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-solv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ma-vs-solv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MA correlations · SOLV correlations
