MOH vs TSCO: Correlation
Molina Healthcare Inc (MOH) and Tractor Supply (TSCO) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MOH and TSCO?
On 3 years of weekly data the MOH/TSCO correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.30 versus -0.18 over 3 years. The 5-year figure is -0.08, and annualized covariance runs at -231.6 %².
Among the 21 assets we track against MOH, TSCO ranks #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MOH ahead by 55.8 points (+12.8% versus -43.0%). Risk is not evenly split, since MOH carries 1.6 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.
MOH vs TSCO: side by side
| MOH (Molina Healthcare Inc) | TSCO (Tractor Supply) | |
|---|---|---|
| 1-year return | +12.8% | -43.0% |
| 5-year return | -25.1% | -1.7% |
| Volatility (ann.) | 44.8% | 28.5% |
| Beta vs S&P 500 | -0.03 | 0.67 |
| Max drawdown (3Y) | -70.8% | -52.7% |
| Market cap | $10.4B | $18.1B |
| P/E (trailing) | 1242.2 | 18.3 |
| Dividend yield | 0.00% | 2.68% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | MOH | TSCO |
|---|---|---|
| 2022 | +3.8% | -4.0% |
| 2023 | +9.4% | -2.6% |
| 2024 | -19.4% | +25.4% |
| 2025 | -40.4% | -4.2% |
| 2026 | +14.5% | -29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MOH and TSCO 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 MOH and TSCO?
The MOH/TSCO correlation stands at -0.18 on a 3-year window (1 year: -0.30, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is TSCO a good diversifier for MOH?
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?
On the −1 to +1 scale, -0.18 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/moh-vs-tsco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/moh-vs-tsco/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MOH correlations · TSCO correlations
