META vs MUR: Correlation
Measured on weekly returns over the past three years, Meta Platforms (META) and Murphy Oil Corporation (MUR) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are META and MUR?
Across a 3-year window, the weekly returns of META and MUR correlate at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.44) than the 3-year average (-0.18). Stretching to 5 years gives -0.05, with an annualized covariance of -258.5 %².
Within META's tracked universe of 33 assets, MUR comes in at #26 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MUR outperformed by 75.0 percentage points (-23.3% for META against +51.7% for MUR).
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.
META vs MUR: side by side
| META (Meta Platforms) | MUR (Murphy Oil Corporation) | |
|---|---|---|
| 1-year return | -23.3% | +51.7% |
| 5-year return | +51.3% | +96.7% |
| Volatility (ann.) | 36.9% | 39.7% |
| Beta vs S&P 500 | 1.45 | 0.16 |
| Max drawdown (3Y) | -34.2% | -58.5% |
| Market cap | $1,454.9B | $5.2B |
| P/E (trailing) | 21.7 | 17.2 |
| Dividend yield | 0.36% | 3.89% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | META | MUR |
|---|---|---|
| 2022 | -64.2% | +68.5% |
| 2023 | +194.1% | +2.0% |
| 2024 | +66.0% | -26.8% |
| 2025 | +13.1% | +8.7% |
| 2026 | -13.3% | +18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are META and MUR good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between META and MUR?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.44 over the last year and -0.05 over 5 years.
Is MUR a good diversifier for META?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/meta-vs-mur.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/meta-vs-mur/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: META correlations · MUR correlations
