MCO vs V: Correlation
Measured on weekly returns over the past three years, Moody's Corporation (MCO) and Visa Inc. (V) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCO and V?
Over the past 3 years, MCO and V moved with a correlation of 0.55, which is moderate. The past 12 months show a weaker link (0.36) than the 3-year average (0.55). Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 272.3 %².
Within MCO's tracked universe of 53 assets, V comes in at #23 by 3-year correlation. On 12-month performance V holds a 8.5-point edge, +0.7% against +9.2%. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.27 to 0.79.
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 V: side by side
| MCO (Moody's Corporation) | V (Visa Inc.) | |
|---|---|---|
| 1-year return | +0.7% | +9.2% |
| 5-year return | +39.4% | +70.5% |
| Volatility (ann.) | 25.8% | 19.1% |
| Beta vs S&P 500 | 1.08 | 0.72 |
| Max drawdown (3Y) | -24.7% | -20.4% |
| Market cap | $88.2B | $708.8B |
| P/E (trailing) | 32.7 | 32.7 |
| Dividend yield | 0.77% | 0.70% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | MCO | V |
|---|---|---|
| 2022 | -28.0% | -3.4% |
| 2023 | +41.5% | +26.3% |
| 2024 | +22.2% | +22.3% |
| 2025 | +8.7% | +11.8% |
| 2026 | +0.3% | +8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCO and V good diversifiers for each other?
Only partially. A correlation of 0.55 means MCO and V share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between MCO and V?
The MCO/V correlation stands at 0.55 on a 3-year window (1 year: 0.36, 5 years: 0.55), computed from weekly returns as of 2026-08-27.
Is V a good diversifier for MCO?
Only partially. A correlation of 0.55 means MCO and V share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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: MCO correlations · V correlations
