MA vs V: Correlation
Mastercard (MA) and Visa Inc. (V) show a very strong relationship: their 3-year correlation of weekly returns is 0.85.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MA and V?
Across a 3-year window, the weekly returns of MA and V correlate at 0.85, very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.81 over 1 year against 0.85 over 3. Stretching to 5 years gives 0.89, with an annualized covariance of 312.8 %².
In MA's tracked universe of 46 assets, V sits right near the top at #1. On 12-month performance V holds a 8.4-point edge, +0.8% against +9.2%. The rolling one-year correlation stayed in a tight band between 0.77 and 0.93 over the past three years, which points to a structural rather than episodic relationship.
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 V: side by side
| MA (Mastercard) | V (Visa Inc.) | |
|---|---|---|
| 1-year return | +0.8% | +9.2% |
| 5-year return | +72.6% | +70.5% |
| Volatility (ann.) | 19.3% | 19.1% |
| Beta vs S&P 500 | 0.77 | 0.72 |
| Max drawdown (3Y) | -20.9% | -20.4% |
| Market cap | $518.4B | $708.8B |
| P/E (trailing) | 32.9 | 32.7 |
| Dividend yield | 0.56% | 0.70% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | MA | V |
|---|---|---|
| 2022 | -2.7% | -3.4% |
| 2023 | +23.4% | +26.3% |
| 2024 | +24.2% | +22.3% |
| 2025 | +9.0% | +11.8% |
| 2026 | +4.2% | +8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MA and V good diversifiers for each other?
Not really. At 0.85, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between MA and V?
Using weekly returns as of 2026-08-27: 0.85 over 3 years, with 0.81 over the last year and 0.89 over 5 years.
Is V a good diversifier for MA?
Not really. At 0.85, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.85 mean?
On the −1 to +1 scale, 0.85 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.
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Related comparisons
Hubs: MA correlations · V correlations
