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MRCI's Inter-Market Correlations

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Multi-Year Correlation Studies as of 09/25/26
DJIA Index and S&P 500 Index
Year DJIA Index S&P 500 Index  
Ending Daily Weekly Daily Weekly Average
 
2025 82% 90% 87% 93% 88%
2024 87% 65% 90% 62% 76%
2023 -8% 37% -23% 30% 9%
2022 37% 60% 47% 70% 54%
2021 88% 85% 95% 93% 90%
2020 32% 51% 65% 74% 55%
2019 70% 86% 71% 88% 79%
2018 89% 92% 91% 93% 91%
2017 87% 79% 87% 80% 83%
2016 22% 60% 33% 72% 47%
2015 71% 86% 81% 91% 82%
2014 84% 91% 92% 95% 90%
2013 84% 85% 88% 84% 85%
2012 66% 81% 57% 75% 70%
2011 77% 83% 70% 83% 78%
2010 35% -43% 31% -47% -6%
2009 -82% -75% -82% -78% -79%
2008 -8% 45% -23% 30% 11%
2007 91% 90% 90% 92% 91%
2006 79% 82% 84% 91% 84%
2005 61% 79% 81% 89% 77%
2004 82% 32% 86% 16% 54%
2003 -54% -72% -63% -83% -68%
2002 -75% -73% -86% -85% -80%
2001 -33% 33% -62% -4% -16%
2000 58% 77% 77% 89% 75%
1999 79% 89% 83% 92% 86%
1998 81% 90% 90% 93% 89%
1997 92% 95% 93% 96% 94%
1996 88% 89% 91% 89% 89%
1995 87% 92% 80% 85% 86%
1994 81% 89% 71% 86% 82%
1993 74% 87% 86% 92% 85%
1992 76% 77% 77% 77% 76%
1991 47% 78% 47% 77% 62%
1990 78% 84% 76% 84% 81%
1989 41% 47% 50% 54% 48%
1988 -4% 48% -0% 51% 24%
1987 87% 91% 87% 92% 89%
1986 89% 83% 89% 86% 87%
1985 69% 80% 78% 86% 78%
1984 52% 75% 56% 75% 64%
1983 85% 62% 83% 58% 72%
1982 -77% -12% -73% 14% -37%
1981 68% 72% 83% 88% 78%
1980 36% 50% 78% 85% 62%
1979 13% -51% 64% 20% 11%
1978 -70% -50% -38% 1% -39%
1977 6% 60% 39% 74% 45%
1976 75% 38% 78% 20% 53%
1975 -38% -64% -52% -75% -57%
1974 -78% -53% -85% -56% -68%
1973 17% 50% 41% 69% 44%
1972 63% 67% 73% 66% 67%
1971 57% -17% 40% -20% 15%
1970 -86% -70% -88% -60% -76%
1969 -8% 42% 42% 74% 37%
1968 49% -22% 78% 50% 39%
1967 -30% -21% 11% 22% -5%
1966 11% 57% 12% 60% 35%
1965 80% 90% 83% 92% 86%
1964 87% 67% 89% 65% 77%
1963 11% 32% 10% 40% 23%
1962 -8% 5% 17% 41% 14%
1961 48% 70% 68% 75% 65%
1960 53% 78% 45% 78% 63%
1959 88% 77% 88% 75% 82%
1958 -31% -22% -29% -20% -25%
1957 23% 72% 26% 74% 49%
1956 83% 91% 88% 94% 89%
1955 93% 89% 94% 88% 91%
1954 79% 79% 70% 77% 76%
1953 41% 75% 47% 79% 60%
1952 76% 88% 84% 93% 85%
1951 88% 89% 89% 89% 89%
1950 82% 74% 79% 71% 77%
1949 -35% 5% -20% -1% -13%
1948 7% -39% 5% -45% -18%
1947 -37% 34% -54% 20% -9%
1946 84% 89% 84% 89% 87%
1945 87% 92% 90% 94% 91%
1944 70% 76% 74% 81% 75%
1943 65% 27% 71% 37% 50%
1942 -72% -83% -74% -86% -79%
1941 -60% -64% -70% -76% -67%
1940 -30% 24% -48% -2% -14%
1939 -2% -51% -15% -64% -33%
1938 -71% -39% -80% -47% -59%
1937 78% 88% 70% 84% 80%
1936 91% 88% 93% 79% 88%
1935 68% 82% -12% 53% 48%
1934 67% 43% 60% 42% 53%
1933 -17% -66% -8% -61% -38%
1932 -89% -91% -92% -92% -91%
1931 -90% -82% -91% -79% -86%
1930 -26% 33% -9% 28% 6%
1929 93% 93% 90% 89% 91%
1928 88% 87%     88%
1927 86% 93%     89%
1926 86% 92%     89%

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