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MORN vs VRSN: Correlation

Measured on weekly returns over the past three years, Morningstar, Inc. (MORN) and Verisign (VRSN) carry a correlation of 0.37, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.37
moderate
Correlation (1Y)
0.53
last 12 months
Correlation (5Y)
0.46
long-run
Ann. covariance
259.8
%² · weekly, annualized

How correlated are MORN and VRSN?

Across a 3-year window, the weekly returns of MORN and VRSN correlate at 0.37, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.53 versus 0.37 over 3 years. Stretching to 5 years gives 0.46, with an annualized covariance of 259.8 %².

VRSN is close to the least connected end of MORN's tracked universe, ranking #17 of 21. Their recent paths diverged sharply: over the last 12 months VRSN outperformed by 26.2 percentage points (-16.6% for MORN against +9.6% for VRSN).

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.

MORN vs VRSN: side by side

MORN (Morningstar, Inc.)VRSN (Verisign)
1-year return-16.6%+9.6%
5-year return-15.1%+38.8%
Volatility (ann.)30.5%23.1%
Beta vs S&P 5000.770.50
Max drawdown (3Y)-60.0%-30.2%
Market cap$8.2B$26.6B
P/E (trailing)20.231.9
Dividend yield0.92%1.08%
Sector / categoryUS ListedInformation Technology
Lower P/E: MORN 20.2 vs 31.9Higher yield: VRSN 1.08% vs 0.92%Smaller drawdown: VRSN -30.2% vs -60.0%Higher 5y return: VRSN +38.8% vs -15.1%
-40%0%+12%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. MORN · VRSN

Year-by-year returns

YearMORNVRSN
2022-36.3%-19.1%
2023+33.1%+0.3%
2024+18.3%+0.5%
2025-35.1%+18.4%
2026+1.5%+22.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are MORN and VRSN good diversifiers for each other?

Reasonably. At 0.37, MORN and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between MORN and VRSN?

As of 2026-08-27, the correlation of weekly returns between MORN and VRSN is 0.37 over 3 years, 0.53 over 1 year and 0.46 over 5 years.

Is VRSN a good diversifier for MORN?

Reasonably. At 0.37, MORN and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.37 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.

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MORN vs VRSN: 3-year weekly correlation 0.37MORN vs VRSN0.37

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Related comparisons

Hubs: MORN correlations · VRSN correlations