GRWG vs VFF: Correlation
Measured on weekly returns over the past three years, GrowGeneration Corp. (GRWG) and Village Farms International, Inc. (VFF) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRWG and VFF?
Across a 3-year window, the weekly returns of GRWG and VFF correlate at 0.51, moderate. The past 12 months show a weaker link (0.30) than the 3-year average (0.51). Stretching to 5 years gives 0.43, with an annualized covariance of 3158.6 %².
Few assets follow GRWG as closely as VFF, which ranks #3 of 18 tracked partners. Neither side won the trailing year by much: -1.2% against -5.6%.
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.
GRWG vs VFF: side by side
| GRWG (GrowGeneration Corp.) | VFF (Village Farms International, Inc.) | |
|---|---|---|
| 1-year return | -1.2% | -5.6% |
| 5-year return | -94.6% | -69.7% |
| Volatility (ann.) | 79.8% | 78.2% |
| Beta vs S&P 500 | 1.88 | 1.61 |
| Max drawdown (3Y) | -76.3% | -68.6% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | 15.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GRWG | VFF |
|---|---|---|
| 2022 | -70.0% | -79.1% |
| 2023 | -36.0% | -43.2% |
| 2024 | -32.7% | +1.3% |
| 2025 | -11.2% | +373.4% |
| 2026 | +10.7% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRWG and VFF good diversifiers for each other?
To a limited degree. At 0.51 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 GRWG and VFF?
The GRWG/VFF correlation stands at 0.51 on a 3-year window (1 year: 0.30, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is VFF a good diversifier for GRWG?
To a limited degree. At 0.51 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 0.51 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/grwg-vs-vff.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/grwg-vs-vff/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GRWG correlations · VFF correlations