MCD vs NRT: Correlation
Measured on weekly returns over the past three years, McDonald's (MCD) and North European Oil Royality Trust (NRT) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCD and NRT?
Across a 3-year window, the weekly returns of MCD and NRT correlate at -0.25, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.24 lands near the 3-year figure. Stretching to 5 years gives -0.06, with an annualized covariance of -230.6 %².
Among the 34 assets we track against MCD, NRT sits near the bottom by co-movement, at rank #32. Their recent paths diverged sharply: over the last 12 months NRT outperformed by 99.7 percentage points (-14.5% for MCD against +85.2% for NRT). Note the risk asymmetry: NRT runs 2.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 NRT: side by side
| MCD (McDonald's) | NRT (North European Oil Royality Trust) | |
|---|---|---|
| 1-year return | -14.5% | +85.2% |
| 5-year return | +23.3% | +131.5% |
| Volatility (ann.) | 17.8% | 51.6% |
| Beta vs S&P 500 | 0.30 | -0.42 |
| Max drawdown (3Y) | -22.8% | -66.1% |
| Market cap | $184.0B | $0.1B |
| P/E (trailing) | 21.7 | 8.4 |
| Dividend yield | 2.75% | 11.95% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | MCD | NRT |
|---|---|---|
| 2022 | +0.5% | +41.9% |
| 2023 | +15.1% | -46.5% |
| 2024 | +0.1% | -25.3% |
| 2025 | +7.9% | +88.4% |
| 2026 | -13.9% | +41.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCD and NRT good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MCD and NRT?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.24 over the last year and -0.06 over 5 years.
Is NRT a good diversifier for MCD?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mcd-vs-nrt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mcd-vs-nrt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MCD correlations · NRT correlations
