CRON vs VFF: Correlation
How closely do Cronos Group Inc. - Common Share (CRON) and Village Farms International, Inc. (VFF) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRON and VFF?
Across a 3-year window, the weekly returns of CRON and VFF correlate at 0.45, moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Stretching to 5 years gives 0.45, with an annualized covariance of 1459.0 %².
By 3-year correlation, VFF places #7 of the 13 assets tracked against CRON. Correlation aside, the last 12 months split them widely, with CRON ahead by 38.0 points (+32.4% versus -5.6%). One caveat on sizing: VFF is 1.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CRON vs VFF: side by side
| CRON (Cronos Group Inc. - Common Share) | VFF (Village Farms International, Inc.) | |
|---|---|---|
| 1-year return | +32.4% | -5.6% |
| 5-year return | -47.1% | -69.7% |
| Volatility (ann.) | 41.8% | 78.2% |
| Beta vs S&P 500 | 0.75 | 1.61 |
| Max drawdown (3Y) | -46.4% | -68.6% |
| Market cap | $1.2B | $0.3B |
| P/E (trailing) | 18.8 | 15.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRON | VFF |
|---|---|---|
| 2022 | -35.2% | -79.1% |
| 2023 | -17.7% | -43.2% |
| 2024 | -3.3% | +1.3% |
| 2025 | +30.2% | +373.4% |
| 2026 | +28.9% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRON and VFF good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CRON and VFF?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.46 over the last year and 0.45 over 5 years.
Is VFF a good diversifier for CRON?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 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/cron-vs-vff.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cron-vs-vff/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRON correlations · VFF correlations
