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CRSR vs SNOW: Correlation

Corsair Gaming, Inc. (CRSR) and Snowflake Inc. (SNOW) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.54
moderate
Correlation (1Y)
0.70
last 12 months
Correlation (5Y)
0.50
long-run
Ann. covariance
2112.5
%² · weekly, annualized

How correlated are CRSR and SNOW?

On 3 years of weekly data the CRSR/SNOW correlation comes out at 0.54, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.70 versus 0.54 over 3 years. The 5-year figure is 0.50, and annualized covariance runs at 2112.5 %².

SNOW is one of the assets that tracks CRSR most closely: it ranks #2 out of the 19 assets we track against CRSR. The last year tells two different stories: SNOW led by 28.7 percentage points, +35.5% for CRSR against +64.2% for SNOW.

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.

CRSR vs SNOW: side by side

CRSR (Corsair Gaming, Inc.)SNOW (Snowflake Inc.)
1-year return+35.5%+64.2%
5-year return-57.7%+10.5%
Volatility (ann.)71.0%55.4%
Beta vs S&P 5002.221.41
Max drawdown (3Y)-71.3%-56.3%
Market cap$1.3B$114.1B
P/E (trailing)38.6
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SNOW -56.3% vs -71.3%Higher 5y return: SNOW +10.5% vs -57.7%
-46%0%+62%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CRSR · SNOW

Year-by-year returns

YearCRSRSNOW
2022-35.4%-57.6%
2023+3.9%+38.6%
2024-53.1%-22.4%
2025-10.1%+42.1%
2026+101.7%+50.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CRSR and SNOW good diversifiers for each other?

To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between CRSR and SNOW?

As of 2026-08-27, the correlation of weekly returns between CRSR and SNOW is 0.54 over 3 years, 0.70 over 1 year and 0.50 over 5 years.

Is SNOW a good diversifier for CRSR?

To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.54 mean?

On the −1 to +1 scale, 0.54 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/crsr-vs-snow.json

CRSR vs SNOW: 3-year weekly correlation 0.54CRSR vs SNOW0.54

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Related comparisons

Hubs: CRSR correlations · SNOW correlations