DOUG vs SNAL: Correlation
Douglas Elliman Inc. (DOUG) and Snail, Inc. (SNAL) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOUG and SNAL?
Across a 3-year window, the weekly returns of DOUG and SNAL correlate at -0.18, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. Stretching to 5 years gives -0.11, with an annualized covariance of -1984.7 %².
Out of 13 assets tracked against DOUG, SNAL lands near the bottom at #12. Over the last 12 months DOUG came out ahead by 5.1 percentage points (-30.1% against -35.2%). One caveat on sizing: SNAL 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.
DOUG vs SNAL: side by side
| DOUG (Douglas Elliman Inc.) | SNAL (Snail, Inc.) | |
|---|---|---|
| 1-year return | -30.1% | -35.2% |
| 5-year return | -83.0% | n/a |
| Volatility (ann.) | 76.4% | 146.7% |
| Beta vs S&P 500 | 0.95 | 2.22 |
| Max drawdown (3Y) | -66.5% | -88.0% |
| Market cap | $0.2B | – |
| P/E (trailing) | 6.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOUG | SNAL |
|---|---|---|
| 2022 | -63.2% | – |
| 2023 | -22.6% | -17.7% |
| 2024 | -43.4% | +53.7% |
| 2025 | +41.9% | -52.2% |
| 2026 | -21.5% | -33.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOUG and SNAL good diversifiers for each other?
Yes. With a correlation of -0.18, DOUG and SNAL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DOUG and SNAL?
The DOUG/SNAL correlation stands at -0.18 on a 3-year window (1 year: -0.26, 5 years: -0.11), computed from weekly returns as of 2026-08-27.
Is SNAL a good diversifier for DOUG?
Yes. With a correlation of -0.18, DOUG and SNAL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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.
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Related comparisons
Hubs: DOUG correlations · SNAL correlations
