DOMO vs SNOW: Correlation
How closely do Domo, Inc. (DOMO) and Snowflake Inc. (SNOW) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOMO and SNOW?
Across a 3-year window, the weekly returns of DOMO and SNOW correlate at 0.48, moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. Stretching to 5 years gives 0.48, with an annualized covariance of 1990.4 %².
Among the 13 assets we track against DOMO, SNOW ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SNOW outperformed by 141.9 percentage points (-77.7% for DOMO 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.
DOMO vs SNOW: side by side
| DOMO (Domo, Inc.) | SNOW (Snowflake Inc.) | |
|---|---|---|
| 1-year return | -77.7% | +64.2% |
| 5-year return | -95.7% | +10.5% |
| Volatility (ann.) | 74.7% | 55.4% |
| Beta vs S&P 500 | 2.02 | 1.41 |
| Max drawdown (3Y) | -89.0% | -56.3% |
| Market cap | $0.2B | $114.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOMO | SNOW |
|---|---|---|
| 2022 | -71.3% | -57.6% |
| 2023 | -27.7% | +38.6% |
| 2024 | -31.2% | -22.4% |
| 2025 | +19.1% | +42.1% |
| 2026 | -53.6% | +50.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOMO and SNOW good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DOMO and SNOW?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.54 over the last year and 0.48 over 5 years.
Is SNOW a good diversifier for DOMO?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 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/domo-vs-snow.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/domo-vs-snow/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DOMO correlations · SNOW correlations
