AZO vs VRRM: Correlation
AutoZone (AZO) and Verra Mobility Corporation (VRRM) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AZO and VRRM?
On 3 years of weekly data the AZO/VRRM correlation comes out at 0.35, moderate. The past 12 months show a tighter link (0.48) than the 3-year average (0.35). The 5-year figure is 0.26, and annualized covariance runs at 417.5 %².
Within AZO's tracked universe of 30 assets, VRRM comes in at #15 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AZO ahead by 52.3 points (-30.3% versus -82.6%). Note the risk asymmetry: VRRM runs 2.2 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.
AZO vs VRRM: side by side
| AZO (AutoZone) | VRRM (Verra Mobility Corporation) | |
|---|---|---|
| 1-year return | -30.3% | -82.6% |
| 5-year return | +88.5% | -71.6% |
| Volatility (ann.) | 23.2% | 50.8% |
| Beta vs S&P 500 | 0.31 | 0.33 |
| Max drawdown (3Y) | -32.9% | -87.5% |
| Market cap | – | $0.7B |
| P/E (trailing) | 20.6 | 16.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | AZO | VRRM |
|---|---|---|
| 2022 | +17.6% | -10.4% |
| 2023 | +4.8% | +66.5% |
| 2024 | +23.8% | +5.0% |
| 2025 | +5.9% | -7.3% |
| 2026 | -13.5% | -80.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AZO and VRRM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AZO and VRRM?
The AZO/VRRM correlation stands at 0.35 on a 3-year window (1 year: 0.48, 5 years: 0.26), computed from weekly returns as of 2026-08-27.
Is VRRM a good diversifier for AZO?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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/azo-vs-vrrm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/azo-vs-vrrm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AZO correlations · VRRM correlations
