PINS vs SNAP: Correlation
How closely do Pinterest, Inc. (PINS) and Snap Inc. (SNAP) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PINS and SNAP?
Across a 3-year window, the weekly returns of PINS and SNAP correlate at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Stretching to 5 years gives 0.52, with an annualized covariance of 1526.8 %².
SNAP is one of the assets that tracks PINS most closely: it ranks #1 out of the 16 assets we track against PINS. The trailing year gives SNAP the advantage: -36.7% versus -23.7%, a 13.0-point spread.
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.
PINS vs SNAP: side by side
| PINS (Pinterest, Inc.) | SNAP (Snap Inc.) | |
|---|---|---|
| 1-year return | -36.7% | -23.7% |
| 5-year return | -59.5% | -92.8% |
| Volatility (ann.) | 48.1% | 59.8% |
| Beta vs S&P 500 | 1.48 | 1.59 |
| Max drawdown (3Y) | -65.7% | -77.5% |
| Market cap | $13.0B | $9.0B |
| P/E (trailing) | 69.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PINS | SNAP |
|---|---|---|
| 2022 | -33.2% | -81.0% |
| 2023 | +52.6% | +89.2% |
| 2024 | -21.7% | -36.4% |
| 2025 | -10.7% | -25.1% |
| 2026 | -11.6% | -34.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PINS and SNAP good diversifiers for each other?
Only partially. A correlation of 0.53 means PINS and SNAP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between PINS and SNAP?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.50 over the last year and 0.52 over 5 years.
Is SNAP a good diversifier for PINS?
Only partially. A correlation of 0.53 means PINS and SNAP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 mean?
A reading of 0.53 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/pins-vs-snap.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pins-vs-snap/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PINS correlations · SNAP correlations
