MDRR vs VZ: Correlation
Medalist Diversified, Inc. (MDRR) and Verizon (VZ) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MDRR and VZ?
Across a 3-year window, the weekly returns of MDRR and VZ correlate at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.22 lands near the 3-year figure. Stretching to 5 years gives -0.03, with an annualized covariance of -134.9 %².
Among the 36 assets we track against MDRR, VZ ranks #28 by 3-year correlation. Over the last 12 months VZ came out ahead by 14.5 percentage points (+4.8% against +19.3%).
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.
MDRR vs VZ: side by side
| MDRR (Medalist Diversified, Inc.) | VZ (Verizon) | |
|---|---|---|
| 1-year return | +4.8% | +19.3% |
| 5-year return | -31.3% | +23.8% |
| Volatility (ann.) | 28.1% | 22.9% |
| Beta vs S&P 500 | -0.02 | 0.15 |
| Max drawdown (3Y) | -29.5% | -17.0% |
| Market cap | – | $205.4B |
| P/E (trailing) | 3.1 | 12.9 |
| Dividend yield | 2.21% | 5.57% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | MDRR | VZ |
|---|---|---|
| 2022 | -37.3% | -20.0% |
| 2023 | -4.0% | +2.7% |
| 2024 | +28.6% | +13.1% |
| 2025 | -5.5% | +8.9% |
| 2026 | -0.7% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MDRR and VZ good diversifiers for each other?
Yes. With a correlation of -0.21, MDRR and VZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MDRR and VZ?
As of 2026-08-27, the correlation of weekly returns between MDRR and VZ is -0.21 over 3 years, -0.22 over 1 year and -0.03 over 5 years.
Is VZ a good diversifier for MDRR?
Yes. With a correlation of -0.21, MDRR and VZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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
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Related comparisons
Hubs: MDRR correlations · VZ correlations
