MCK vs USFD: Correlation
How closely do McKesson Corporation (MCK) and US Foods Holding Corp. (USFD) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCK and USFD?
Over the past 3 years, MCK and USFD moved with a correlation of 0.38, which is moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 262.6 %².
By 3-year correlation, USFD places #8 of the 35 assets tracked against MCK. Over the last 12 months USFD came out ahead by 8.0 percentage points (+30.8% against +38.8%).
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.
MCK vs USFD: side by side
| MCK (McKesson Corporation) | USFD (US Foods Holding Corp.) | |
|---|---|---|
| 1-year return | +30.8% | +38.8% |
| 5-year return | +354.8% | +223.0% |
| Volatility (ann.) | 25.1% | 27.4% |
| Beta vs S&P 500 | 0.16 | 0.64 |
| Max drawdown (3Y) | -27.2% | -21.1% |
| Market cap | $103.8B | $23.3B |
| P/E (trailing) | 24.0 | 33.4 |
| Dividend yield | 0.37% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | MCK | USFD |
|---|---|---|
| 2022 | +51.8% | -2.3% |
| 2023 | +24.1% | +33.5% |
| 2024 | +23.7% | +48.6% |
| 2025 | +44.5% | +11.7% |
| 2026 | +8.8% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCK and USFD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MCK and USFD?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.41 over the last year and 0.31 over 5 years.
Is USFD a good diversifier for MCK?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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/mck-vs-usfd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mck-vs-usfd/)
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Related comparisons
Hubs: MCK correlations · USFD correlations
