MCO vs XYZ: Correlation
Moody's Corporation (MCO) and Block, Inc. (XYZ) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCO and XYZ?
On 3 years of weekly data the MCO/XYZ correlation comes out at 0.50, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. The 5-year figure is 0.60, and annualized covariance runs at 653.1 %².
By 3-year correlation, XYZ places #37 of the 53 assets tracked against MCO. On 12-month performance XYZ holds a 6.2-point edge, +0.7% against +6.9%. Across three years, the rolling one-year figure varied moderately, from 0.35 to 0.75. Risk is not evenly split, since XYZ carries 1.9 times the volatility of the other side.
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 XYZ: side by side
| MCO (Moody's Corporation) | XYZ (Block, Inc.) | |
|---|---|---|
| 1-year return | +0.7% | +6.9% |
| 5-year return | +39.4% | -68.8% |
| Volatility (ann.) | 25.8% | 50.2% |
| Beta vs S&P 500 | 1.08 | 1.80 |
| Max drawdown (3Y) | -24.7% | -53.0% |
| Market cap | $88.2B | $51.0B |
| P/E (trailing) | 32.7 | 151.5 |
| Dividend yield | 0.77% | 0.00% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | MCO | XYZ |
|---|---|---|
| 2022 | -28.0% | -61.1% |
| 2023 | +41.5% | +23.1% |
| 2024 | +22.2% | +9.9% |
| 2025 | +8.7% | -23.4% |
| 2026 | +0.3% | +30.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCO and XYZ good diversifiers for each other?
Only partially. A correlation of 0.50 means MCO and XYZ 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 XYZ?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.50 over the last year and 0.60 over 5 years.
Is XYZ a good diversifier for MCO?
Only partially. A correlation of 0.50 means MCO and XYZ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/mco-vs-xyz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mco-vs-xyz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MCO correlations · XYZ correlations
