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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

Correlation (3Y)
0.51
moderate
Correlation (1Y)
0.30
last 12 months
Correlation (5Y)
0.43
long-run
Ann. covariance
3158.6
%² · weekly, annualized

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 5001.881.61
Max drawdown (3Y)-76.3%-68.6%
Market cap$0.1B$0.3B
P/E (trailing)15.9
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VFF -68.6% vs -76.3%Higher 5y return: VFF -69.7% vs -94.6%
-31%0%+53%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. GRWG · VFF

Year-by-year returns

YearGRWGVFF
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

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

GRWG vs VFF: 3-year weekly correlation 0.51GRWG vs VFF0.51

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Related comparisons

Hubs: GRWG correlations · VFF correlations