COLM vs VFC: Correlation
Columbia Sportswear Company (COLM) and V.F. Corporation (VFC) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COLM and VFC?
Over the past 3 years, COLM and VFC moved with a correlation of 0.51, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.63 versus 0.51 over 3 years. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 877.6 %².
By 3-year correlation, VFC places #6 of the 17 assets tracked against COLM. On 12-month performance COLM holds a 11.9-point edge, +5.2% against -6.7%. Note the risk asymmetry: VFC runs 1.8 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.
COLM vs VFC: side by side
| COLM (Columbia Sportswear Company) | VFC (V.F. Corporation) | |
|---|---|---|
| 1-year return | +5.2% | -6.7% |
| 5-year return | -40.1% | -79.1% |
| Volatility (ann.) | 31.1% | 54.9% |
| Beta vs S&P 500 | 0.58 | 1.25 |
| Max drawdown (3Y) | -46.1% | -63.7% |
| Market cap | $2.9B | $5.4B |
| P/E (trailing) | 15.2 | 20.1 |
| Dividend yield | 2.06% | 12.96% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COLM | VFC |
|---|---|---|
| 2022 | -8.8% | -60.4% |
| 2023 | -7.8% | -28.5% |
| 2024 | +7.1% | +16.6% |
| 2025 | -33.1% | -13.8% |
| 2026 | +4.7% | -23.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COLM and VFC good diversifiers for each other?
Only partially. A correlation of 0.51 means COLM and VFC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between COLM and VFC?
The COLM/VFC correlation stands at 0.51 on a 3-year window (1 year: 0.63, 5 years: 0.55), computed from weekly returns as of 2026-08-27.
Is VFC a good diversifier for COLM?
Only partially. A correlation of 0.51 means COLM and VFC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 mean?
A reading of 0.51 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/colm-vs-vfc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/colm-vs-vfc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: COLM correlations · VFC correlations
