IT vs VRSN: Correlation
Measured on weekly returns over the past three years, Gartner (IT) and Verisign (VRSN) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IT and VRSN?
Across a 3-year window, the weekly returns of IT and VRSN correlate at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.45) sits close to the 3-year figure. Stretching to 5 years gives 0.41, with an annualized covariance of 349.3 %².
By 3-year correlation, VRSN places #20 of the 36 assets tracked against IT. The last year tells two different stories: VRSN led by 29.8 percentage points, -20.2% for IT against +9.6% for VRSN. This link changes with the market regime, having swung between 0.13 and 0.71 on a rolling one-year basis. Risk is not evenly split, since IT carries 1.8 times the volatility of the other side.
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.
IT vs VRSN: side by side
| IT (Gartner) | VRSN (Verisign) | |
|---|---|---|
| 1-year return | -20.2% | +9.6% |
| 5-year return | -36.0% | +38.8% |
| Volatility (ann.) | 40.6% | 23.1% |
| Beta vs S&P 500 | 0.92 | 0.50 |
| Max drawdown (3Y) | -77.2% | -30.2% |
| Market cap | $12.4B | $26.6B |
| P/E (trailing) | 17.4 | 31.9 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | IT | VRSN |
|---|---|---|
| 2022 | +0.5% | -19.1% |
| 2023 | +34.2% | +0.3% |
| 2024 | +7.4% | +0.5% |
| 2025 | -47.9% | +18.4% |
| 2026 | -22.1% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IT and VRSN good diversifiers for each other?
Reasonably. At 0.37, IT and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IT and VRSN?
As of 2026-08-27, the correlation of weekly returns between IT and VRSN is 0.37 over 3 years, 0.45 over 1 year and 0.41 over 5 years.
Is VRSN a good diversifier for IT?
Reasonably. At 0.37, IT and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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
$ curl https://www.pairbook.io/api/v1/pairs/it-vs-vrsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/it-vs-vrsn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IT correlations · VRSN correlations
