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ROP vs VRSN: Correlation

How closely do Roper Technologies (ROP) and Verisign (VRSN) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.

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

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.35
last 12 months
Correlation (5Y)
0.55
long-run
Ann. covariance
185.8
%² · weekly, annualized

How correlated are ROP and VRSN?

Over the past 3 years, ROP and VRSN moved with a correlation of 0.39, which is moderate. Recent behaviour matches the longer record: 0.35 over 1 year against 0.39 over 3. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 185.8 %².

By 3-year correlation, VRSN places #32 of the 47 assets tracked against ROP. The last year tells two different stories: VRSN led by 28.9 percentage points, -19.3% for ROP against +9.6% for VRSN. Across three years, the rolling one-year figure varied moderately, from 0.30 to 0.77.

+1.0+0.50-0.5-1.020232026-08-27
How the one-year correlation itself moved over the past three years.
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.

ROP vs VRSN: side by side

ROP (Roper Technologies)VRSN (Verisign)
1-year return-19.3%+9.6%
5-year return-9.6%+38.8%
Volatility (ann.)20.5%23.1%
Beta vs S&P 5000.550.50
Max drawdown (3Y)-46.5%-30.2%
Market cap$41.8B$26.6B
P/E (trailing)17.631.9
Dividend yield0.86%1.08%
Sector / categoryInformation TechnologyInformation Technology
Lower P/E: ROP 17.6 vs 31.9Higher yield: VRSN 1.08% vs 0.86%Smaller drawdown: VRSN -30.2% vs -46.5%Higher 5y return: VRSN +38.8% vs -9.6%
-38%0%+12%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ROP · VRSN

Year-by-year returns

YearROPVRSN
2022-11.6%-19.1%
2023+26.9%+0.3%
2024-4.1%+0.5%
2025-13.8%+18.4%
2026-4.4%+22.4%

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

Are ROP and VRSN good diversifiers for each other?

Reasonably. At 0.39, ROP and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between ROP and VRSN?

As of 2026-08-27, the correlation of weekly returns between ROP and VRSN is 0.39 over 3 years, 0.35 over 1 year and 0.55 over 5 years.

Is VRSN a good diversifier for ROP?

Reasonably. At 0.39, ROP and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.39 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

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ROP vs VRSN: 3-year weekly correlation 0.39ROP vs VRSN0.39

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Related comparisons

Hubs: ROP correlations · VRSN correlations