NOC vs VRCA: Correlation
Measured on weekly returns over the past three years, Northrop Grumman (NOC) and Verrica Pharmaceuticals Inc. (VRCA) carry a correlation of -0.17, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NOC and VRCA?
Over the past 3 years, NOC and VRCA moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.07 lands near the 3-year figure. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -543.4 %².
Within NOC's tracked universe of 30 assets, VRCA comes in at #20 by 3-year correlation. Their 12-month results are close: -5.6% for NOC against -10.4% for VRCA. One caveat on sizing: VRCA is 4.5 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.
NOC vs VRCA: side by side
| NOC (Northrop Grumman) | VRCA (Verrica Pharmaceuticals Inc.) | |
|---|---|---|
| 1-year return | -5.6% | -10.4% |
| 5-year return | +60.1% | -95.4% |
| Volatility (ann.) | 26.7% | 119.4% |
| Beta vs S&P 500 | 0.24 | 1.72 |
| Max drawdown (3Y) | -35.1% | -96.6% |
| Market cap | $77.4B | $0.1B |
| P/E (trailing) | 17.5 | – |
| Dividend yield | 1.71% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | NOC | VRCA |
|---|---|---|
| 2022 | +43.0% | -70.0% |
| 2023 | -12.8% | +166.2% |
| 2024 | +1.9% | -90.4% |
| 2025 | +23.6% | +18.7% |
| 2026 | -3.7% | -39.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NOC and VRCA good diversifiers for each other?
Yes. With a correlation of -0.17, NOC and VRCA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between NOC and VRCA?
As of 2026-08-27, the correlation of weekly returns between NOC and VRCA is -0.17 over 3 years, -0.07 over 1 year and -0.15 over 5 years.
Is VRCA a good diversifier for NOC?
Yes. With a correlation of -0.17, NOC and VRCA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/noc-vs-vrca.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/noc-vs-vrca/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NOC correlations · VRCA correlations
