MKC vs SYY: Correlation
Measured on weekly returns over the past three years, McCormick & Company (MKC) and Sysco (SYY) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MKC and SYY?
Across a 3-year window, the weekly returns of MKC and SYY correlate at 0.49, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.63 versus 0.49 over 3 years. Stretching to 5 years gives 0.44, with an annualized covariance of 264.6 %².
By 3-year correlation, SYY places #9 of the 34 assets tracked against MKC. The last year tells two different stories: SYY led by 25.9 percentage points, -20.3% for MKC against +5.6% for SYY. Across three years, the rolling one-year figure varied moderately, from 0.18 to 0.66.
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 SYY: side by side
| MKC (McCormick & Company) | SYY (Sysco) | |
|---|---|---|
| 1-year return | -20.3% | +5.6% |
| 5-year return | -28.5% | +19.2% |
| Volatility (ann.) | 26.5% | 20.3% |
| Beta vs S&P 500 | 0.24 | 0.14 |
| Max drawdown (3Y) | -44.3% | -24.0% |
| Market cap | $14.7B | $39.5B |
| P/E (trailing) | 9.2 | 22.5 |
| Dividend yield | 3.38% | 2.61% |
| Sector / category | Consumer Staples | Consumer Staples |
Year-by-year returns
| Year | MKC | SYY |
|---|---|---|
| 2022 | -12.7% | -0.3% |
| 2023 | -15.7% | -1.7% |
| 2024 | +14.0% | +7.4% |
| 2025 | -8.3% | -1.0% |
| 2026 | -18.5% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MKC and SYY good diversifiers for each other?
Reasonably. At 0.49, MKC and SYY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MKC and SYY?
As of 2026-08-27, the correlation of weekly returns between MKC and SYY is 0.49 over 3 years, 0.63 over 1 year and 0.44 over 5 years.
Is SYY a good diversifier for MKC?
Reasonably. At 0.49, MKC and SYY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 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
$ curl https://www.pairbook.io/api/v1/pairs/mkc-vs-syy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mkc-vs-syy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MKC correlations · SYY correlations
