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RGTI vs VERI: Correlation

Rigetti Computing, Inc. (RGTI) and Veritone, Inc. (VERI) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.42
moderate
Correlation (1Y)
0.60
last 12 months
Correlation (5Y)
0.35
long-run
Ann. covariance
6470.4
%² · weekly, annualized

How correlated are RGTI and VERI?

On 3 years of weekly data the RGTI/VERI correlation comes out at 0.42, moderate. The link has tightened recently: the 1-year correlation (0.60) runs above the 3-year figure (0.42). The 5-year figure is 0.35, and annualized covariance runs at 6470.4 %².

Within RGTI's tracked universe of 20 assets, VERI comes in at #11 by 3-year correlation. The last year tells two different stories: RGTI led by 79.8 percentage points, +6.8% for RGTI against -73.0% for VERI.

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.

RGTI vs VERI: side by side

RGTI (Rigetti Computing, Inc.)VERI (Veritone, Inc.)
1-year return+6.8%-73.0%
5-year return+69.5%-95.9%
Volatility (ann.)129.7%118.8%
Beta vs S&P 5002.642.91
Max drawdown (3Y)-77.1%-90.5%
Market cap$5.5B$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RGTI -77.1% vs -90.5%Higher 5y return: RGTI +69.5% vs -95.9%
-69%0%+207%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. RGTI · VERI

Year-by-year returns

YearRGTIVERI
2022-92.9%-76.4%
2023+35.1%-65.8%
2024+1449.2%+81.2%
2025+45.2%+41.8%
2026-25.8%-82.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are RGTI and VERI good diversifiers for each other?

A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between RGTI and VERI?

The RGTI/VERI correlation stands at 0.42 on a 3-year window (1 year: 0.60, 5 years: 0.35), computed from weekly returns as of 2026-08-27.

Is VERI a good diversifier for RGTI?

A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.42 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.

Use this data

JSON API · no key required
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RGTI vs VERI: 3-year weekly correlation 0.42RGTI vs VERI0.42

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Related comparisons

Hubs: RGTI correlations · VERI correlations