AZO vs VRSN: Correlation
Measured on weekly returns over the past three years, AutoZone (AZO) and Verisign (VRSN) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AZO and VRSN?
On 3 years of weekly data the AZO/VRSN correlation comes out at 0.38, moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.38 over 3. The 5-year figure is 0.40, and annualized covariance runs at 203.3 %².
By 3-year correlation, VRSN places #8 of the 30 assets tracked against AZO. Correlation aside, the last 12 months split them widely, with VRSN ahead by 39.9 points (-30.3% versus +9.6%). On a rolling one-year basis the correlation drifted between 0.16 and 0.60, a moderate band.
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 VRSN: side by side
| AZO (AutoZone) | VRSN (Verisign) | |
|---|---|---|
| 1-year return | -30.3% | +9.6% |
| 5-year return | +88.5% | +38.8% |
| Volatility (ann.) | 23.2% | 23.1% |
| Beta vs S&P 500 | 0.31 | 0.50 |
| Max drawdown (3Y) | -32.9% | -30.2% |
| Market cap | – | $26.6B |
| P/E (trailing) | 20.6 | 31.9 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | Consumer Discretionary | Information Technology |
Year-by-year returns
| Year | AZO | VRSN |
|---|---|---|
| 2022 | +17.6% | -19.1% |
| 2023 | +4.8% | +0.3% |
| 2024 | +23.8% | +0.5% |
| 2025 | +5.9% | +18.4% |
| 2026 | -13.5% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AZO and VRSN good diversifiers for each other?
Reasonably. At 0.38, AZO and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AZO and VRSN?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.40 over the last year and 0.40 over 5 years.
Is VRSN a good diversifier for AZO?
Reasonably. At 0.38, AZO and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 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
$ curl https://www.pairbook.io/api/v1/pairs/azo-vs-vrsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/azo-vs-vrsn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AZO correlations · VRSN correlations
