OGI vs VFF: Correlation
Organigram Global Inc. (OGI) and Village Farms International, Inc. (VFF) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OGI and VFF?
Over the past 3 years, OGI and VFF moved with a correlation of 0.44, which is moderate. Little has changed lately, as the 1-year reading of 0.52 lands near the 3-year figure. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 2244.6 %².
By 3-year correlation, VFF places #5 of the 11 assets tracked against OGI. Their recent paths diverged sharply: over the last 12 months VFF outperformed by 20.7 percentage points (-26.3% for OGI against -5.6% for VFF).
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.
OGI vs VFF: side by side
| OGI (Organigram Global Inc.) | VFF (Village Farms International, Inc.) | |
|---|---|---|
| 1-year return | -26.3% | -5.6% |
| 5-year return | -88.1% | -69.7% |
| Volatility (ann.) | 64.6% | 78.2% |
| Beta vs S&P 500 | 1.67 | 1.61 |
| Max drawdown (3Y) | -68.0% | -68.6% |
| Market cap | $0.2B | $0.3B |
| P/E (trailing) | 2.9 | 15.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OGI | VFF |
|---|---|---|
| 2022 | -54.3% | -79.1% |
| 2023 | -59.1% | -43.2% |
| 2024 | +22.9% | +1.3% |
| 2025 | +4.3% | +373.4% |
| 2026 | -26.8% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OGI and VFF good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between OGI and VFF?
As of 2026-08-27, the correlation of weekly returns between OGI and VFF is 0.44 over 3 years, 0.52 over 1 year and 0.48 over 5 years.
Is VFF a good diversifier for OGI?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: OGI correlations · VFF correlations
