MKC vs YUM: Correlation
Measured on weekly returns over the past three years, McCormick & Company (MKC) and Yum! Brands (YUM) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MKC and YUM?
Over the past 3 years, MKC and YUM moved with a correlation of 0.43, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.53 versus 0.43 over 3 years. Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 245.2 %².
By 3-year correlation, YUM places #19 of the 34 assets tracked against MKC. The last year tells two different stories: YUM led by 26.0 percentage points, -20.3% for MKC against +5.7% for YUM. Across three years, the rolling one-year figure varied moderately, from 0.08 to 0.58.
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 YUM: side by side
| MKC (McCormick & Company) | YUM (Yum! Brands) | |
|---|---|---|
| 1-year return | -20.3% | +5.7% |
| 5-year return | -28.5% | +26.2% |
| Volatility (ann.) | 26.5% | 21.3% |
| Beta vs S&P 500 | 0.24 | 0.34 |
| Max drawdown (3Y) | -44.3% | -14.5% |
| Market cap | $14.7B | $41.1B |
| P/E (trailing) | 9.2 | 19.0 |
| Dividend yield | 3.38% | 0.95% |
| Sector / category | Consumer Staples | Consumer Discretionary |
Year-by-year returns
| Year | MKC | YUM |
|---|---|---|
| 2022 | -12.7% | -6.0% |
| 2023 | -15.7% | +3.9% |
| 2024 | +14.0% | +4.7% |
| 2025 | -8.3% | +14.9% |
| 2026 | -18.5% | +0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MKC and YUM good diversifiers for each other?
Reasonably. At 0.43, MKC and YUM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MKC and YUM?
The MKC/YUM correlation stands at 0.43 on a 3-year window (1 year: 0.53, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is YUM a good diversifier for MKC?
Reasonably. At 0.43, MKC and YUM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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-yum.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mkc-vs-yum/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MKC correlations · YUM correlations
