MCO vs MSCI: Correlation
Measured on weekly returns over the past three years, Moody's Corporation (MCO) and MSCI (MSCI) carry a correlation of 0.65, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCO and MSCI?
Across a 3-year window, the weekly returns of MCO and MSCI correlate at 0.65, strong. Little has changed lately, as the 1-year reading of 0.73 lands near the 3-year figure. Stretching to 5 years gives 0.71, with an annualized covariance of 423.1 %².
Among the 53 assets we track against MCO, MSCI ranks #5 by 3-year correlation. Their 12-month results are close: +0.7% for MCO against +1.3% for MSCI. The rolling one-year correlation moved between 0.40 and 0.74 over the past three years, a moderate range.
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.
MCO vs MSCI: side by side
| MCO (Moody's Corporation) | MSCI (MSCI) | |
|---|---|---|
| 1-year return | +0.7% | +1.3% |
| 5-year return | +39.4% | -5.6% |
| Volatility (ann.) | 25.8% | 25.4% |
| Beta vs S&P 500 | 1.08 | 0.85 |
| Max drawdown (3Y) | -24.7% | -26.0% |
| Market cap | $88.2B | $41.4B |
| P/E (trailing) | 32.7 | 30.9 |
| Dividend yield | 0.77% | 1.36% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | MCO | MSCI |
|---|---|---|
| 2022 | -28.0% | -23.3% |
| 2023 | +41.5% | +22.9% |
| 2024 | +22.2% | +7.3% |
| 2025 | +8.7% | -3.2% |
| 2026 | +0.3% | +0.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCO and MSCI good diversifiers for each other?
To a limited degree. At 0.65 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between MCO and MSCI?
As of 2026-08-27, the correlation of weekly returns between MCO and MSCI is 0.65 over 3 years, 0.73 over 1 year and 0.71 over 5 years.
Is MSCI a good diversifier for MCO?
To a limited degree. At 0.65 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.65 mean?
A reading of 0.65 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/mco-vs-msci.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mco-vs-msci/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MCO correlations · MSCI correlations
