MXC vs QSR: Correlation
Measured on weekly returns over the past three years, Mexco Energy Corporation (MXC) and Restaurant Brands International Inc. (QSR) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MXC and QSR?
On 3 years of weekly data the MXC/QSR correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.03 versus -0.20 over 3 years. The 5-year figure is -0.09, and annualized covariance runs at -261.9 %².
By 3-year correlation, QSR places #32 of the 56 assets tracked against MXC. On 12-month performance QSR holds a 7.7-point edge, +21.6% against +29.3%. Risk is not evenly split, since MXC carries 3.0 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.
MXC vs QSR: side by side
| MXC (Mexco Energy Corporation) | QSR (Restaurant Brands International Inc.) | |
|---|---|---|
| 1-year return | +21.6% | +29.3% |
| 5-year return | +7.2% | +45.4% |
| Volatility (ann.) | 62.1% | 20.7% |
| Beta vs S&P 500 | -0.31 | 0.32 |
| Max drawdown (3Y) | -60.6% | -24.5% |
| Market cap | – | $35.8B |
| P/E (trailing) | 13.0 | 19.9 |
| Dividend yield | 1.02% | 3.20% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MXC | QSR |
|---|---|---|
| 2022 | +33.0% | +10.7% |
| 2023 | -26.2% | +24.6% |
| 2024 | +24.6% | -13.8% |
| 2025 | -10.8% | +8.6% |
| 2026 | -0.6% | +16.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MXC and QSR good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MXC and QSR?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.03 over the last year and -0.09 over 5 years.
Is QSR a good diversifier for MXC?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/mxc-vs-qsr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mxc-vs-qsr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MXC correlations · QSR correlations
