MKC vs SVCO: Correlation
How closely do McCormick & Company (MKC) and Silvaco Group, Inc. (SVCO) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MKC and SVCO?
Over the past 3 years, MKC and SVCO moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.39) than the 3-year average (-0.19). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -401.7 %².
Within MKC's tracked universe of 34 assets, SVCO comes in at #26 by 3-year correlation. The last year tells two different stories: SVCO led by 67.5 percentage points, -20.3% for MKC against +47.2% for SVCO. Risk is not evenly split, since SVCO carries 3.0 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.
MKC vs SVCO: side by side
| MKC (McCormick & Company) | SVCO (Silvaco Group, Inc.) | |
|---|---|---|
| 1-year return | -20.3% | +47.2% |
| 5-year return | -28.5% | n/a |
| Volatility (ann.) | 26.5% | 80.2% |
| Beta vs S&P 500 | 0.24 | 1.47 |
| Max drawdown (3Y) | -44.3% | -83.8% |
| Market cap | $14.7B | $0.2B |
| P/E (trailing) | 9.2 | – |
| Dividend yield | 3.38% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | MKC | SVCO |
|---|---|---|
| 2022 | -12.7% | – |
| 2023 | -15.7% | – |
| 2024 | +14.0% | – |
| 2025 | -8.3% | -49.9% |
| 2026 | -18.5% | +78.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MKC and SVCO good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MKC and SVCO?
The MKC/SVCO correlation stands at -0.19 on a 3-year window (1 year: -0.39, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SVCO a good diversifier for MKC?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/mkc-vs-svco.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mkc-vs-svco/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MKC correlations · SVCO correlations
