MCD vs NNN: Correlation
McDonald's (MCD) and NNN REIT, Inc. (NNN) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCD and NNN?
Over the past 3 years, MCD and NNN moved with a correlation of 0.41, which is moderate. Little has changed lately, as the 1-year reading of 0.33 lands near the 3-year figure. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 138.6 %².
By 3-year correlation, NNN places #17 of the 34 assets tracked against MCD. Their recent paths diverged sharply: over the last 12 months NNN outperformed by 27.6 percentage points (-14.5% for MCD against +13.1% for NNN).
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.
MCD vs NNN: side by side
| MCD (McDonald's) | NNN (NNN REIT, Inc.) | |
|---|---|---|
| 1-year return | -14.5% | +13.1% |
| 5-year return | +23.3% | +25.1% |
| Volatility (ann.) | 17.8% | 18.8% |
| Beta vs S&P 500 | 0.30 | 0.31 |
| Max drawdown (3Y) | -22.8% | -22.0% |
| Market cap | $184.0B | $8.6B |
| P/E (trailing) | 21.7 | 22.3 |
| Dividend yield | 2.75% | 5.26% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | MCD | NNN |
|---|---|---|
| 2022 | +0.5% | -0.0% |
| 2023 | +15.1% | -0.6% |
| 2024 | +0.1% | -0.1% |
| 2025 | +7.9% | +2.8% |
| 2026 | -13.9% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCD and NNN good diversifiers for each other?
Reasonably. At 0.41, MCD and NNN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MCD and NNN?
As of 2026-08-27, the correlation of weekly returns between MCD and NNN is 0.41 over 3 years, 0.33 over 1 year and 0.46 over 5 years.
Is NNN a good diversifier for MCD?
Reasonably. At 0.41, MCD and NNN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 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/mcd-vs-nnn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mcd-vs-nnn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MCD correlations · NNN correlations
