Correlation Analysis
Mastercard Incorporated vs The Charles Schwab Corporation
MA vs SCHW
+0.510
Moderate positive
When one moves up, the other tends to follow.
Mastercard Incorporated
↗MA
Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.
Market cap 447.2B
The Charles Schwab Corporation
↗SCHW
Charles Schwab is one of the largest retail-oriented financial-services companies in the US, with $11.9 trillion in client assets across its brokerage, banking, asset management, custody, financial advisory, and wealth-management businesses at the end of 2025. While best known for its retail brokerage offering, Schwab generates the lion's share of its revenue and profits through its Charles Schwab Bank and asset management segments. The firm is a dominant player in registered investment advisor custody, with over 40% market share, and has recently pushed into wealth management with robo-advisory, direct indexing, and other managed-investment solutions.
Market cap 161.6B · 33,000 employees
Time Series
Relative Performance
Who Moves First
MA leads SCHW by 6 days
MA tends to move before SCHW.
After testing 13 timing shifts, the strongest relationship was +0.512 (they moved in the same direction).
Do They Crash Together?
Correlation by Market Regime
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
+0.667
13 periods · Return correlation when both series rose
Both Falling
-0.252
9 periods · Return correlation when both series fell
Diverging
-0.690
13 periods · Return correlation when series moved apart
R-Squared
26.0%
Share of variance in one series explained by the other.
Trend Agreement
63.5%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,254
Deep shared window — 1,254 usable pairs.
Significance
p < 0.001
95% CI: [0.468, 0.550]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,254 paired data points survived the daily window.
Raw input
1,254
1,254
Normalized
1,254
1,254
Prepared
1,254
1,254
Aligned
1,254
1,254
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Mastercard Incorporated
MA
Market cap 447.2B
Stock · 1,254 raw → 1,254 prepared
Series B
The Charles Schwab Corporation
SCHW
Market cap 161.6B · 33,000 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
0.0773
Linear regression slope.
Intercept
41.7520
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
MA
Mastercard Incorporated
Highest
+0.987
VISA Inc.
V · 1,254 data points
Lowest
-0.898
United Parcel Service, Inc. Class B
UPS · 1,254 data points
SCHW
The Charles Schwab Corporation
Highest
+0.684
JPMorgan Chase & Co.
JPM · 1,254 data points
Lowest
+0.167
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 7 hours ago · ID: stock-ma-vs-stock-schw-daily