PairBook
HomeMTCH › MTCH vs QSR

MTCH vs QSR: Correlation

How closely do Match Group, Inc. (MTCH) and Restaurant Brands International Inc. (QSR) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.

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

Correlation (3Y)
0.41
moderate
Correlation (1Y)
0.45
last 12 months
Correlation (5Y)
0.35
long-run
Ann. covariance
268.6
%² · weekly, annualized

How correlated are MTCH and QSR?

On 3 years of weekly data the MTCH/QSR correlation comes out at 0.41, moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.41 over 3. The 5-year figure is 0.35, and annualized covariance runs at 268.6 %².

QSR is one of the assets that tracks MTCH most closely: it ranks #2 out of the 12 assets we track against MTCH. The last year tells two different stories: QSR led by 16.7 percentage points, +12.6% for MTCH against +29.3% for QSR. Note the risk asymmetry: MTCH runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

MTCH vs QSR: side by side

MTCH (Match Group, Inc.)QSR (Restaurant Brands International Inc.)
1-year return+12.6%+29.3%
5-year return-69.2%+45.4%
Volatility (ann.)32.0%20.7%
Beta vs S&P 5000.490.32
Max drawdown (3Y)-41.6%-24.5%
Market cap$9.6B$35.8B
P/E (trailing)14.919.9
Dividend yield1.85%3.20%
Sector / categoryUS ListedUS Listed
Lower P/E: MTCH 14.9 vs 19.9Higher yield: QSR 3.20% vs 1.85%Smaller drawdown: QSR -24.5% vs -41.6%Higher 5y return: QSR +45.4% vs -69.2%
-21%0%+33%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. MTCH · QSR

Year-by-year returns

YearMTCHQSR
2022-68.6%+10.7%
2023-12.0%+24.6%
2024-10.4%-13.8%
2025+1.0%+8.6%
2026+29.9%+16.5%

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

Are MTCH and QSR good diversifiers for each other?

A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between MTCH and QSR?

As of 2026-08-27, the correlation of weekly returns between MTCH and QSR is 0.41 over 3 years, 0.45 over 1 year and 0.35 over 5 years.

Is QSR a good diversifier for MTCH?

A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.41 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/mtch-vs-qsr.json

MTCH vs QSR: 3-year weekly correlation 0.41MTCH vs QSR0.41

Markdown for the live badge, attribution link included:

[![MTCH vs QSR correlation](https://www.pairbook.io/api/v1/badge/mtch-vs-qsr.svg)](https://www.pairbook.io/pair/mtch-vs-qsr/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: MTCH correlations · QSR correlations