MS vs RDDT: Correlation
How closely do Morgan Stanley (MS) and Reddit (RDDT) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MS and RDDT?
Over the past 3 years, MS and RDDT moved with a correlation of 0.49, which is moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.49 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1047.8 %².
Among the 46 assets we track against MS, RDDT ranks #35 by 3-year correlation. The last year tells two different stories: MS led by 74.2 percentage points, +47.1% for MS against -27.1% for RDDT. Stability stands out here, with the rolling one-year correlation confined to 0.37 through 0.58. One caveat on sizing: RDDT is 2.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
MS vs RDDT: side by side
| MS (Morgan Stanley) | RDDT (Reddit) | |
|---|---|---|
| 1-year return | +47.1% | -27.1% |
| 5-year return | +142.0% | n/a |
| Volatility (ann.) | 28.3% | 75.2% |
| Beta vs S&P 500 | 1.43 | 2.59 |
| Max drawdown (3Y) | -29.2% | -61.4% |
| Market cap | $337.5B | $29.6B |
| P/E (trailing) | 17.4 | 36.1 |
| Dividend yield | 1.94% | 0.00% |
| Sector / category | Financials | Communication Services |
Year-by-year returns
| Year | MS | RDDT |
|---|---|---|
| 2022 | -10.3% | – |
| 2023 | +13.9% | – |
| 2024 | +39.7% | – |
| 2025 | +45.2% | +40.6% |
| 2026 | +23.0% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MS and RDDT good diversifiers for each other?
Reasonably. At 0.49, MS and RDDT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MS and RDDT?
The MS/RDDT correlation stands at 0.49 on a 3-year window (1 year: 0.50, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RDDT a good diversifier for MS?
Reasonably. At 0.49, MS and RDDT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ms-vs-rddt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ms-vs-rddt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MS correlations · RDDT correlations
