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
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.
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 500 | 0.55 | 0.50 |
| Max drawdown (3Y) | -46.5% | -30.2% |
| Market cap | $41.8B | $26.6B |
| P/E (trailing) | 17.6 | 31.9 |
| Dividend yield | 0.86% | 1.08% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ROP | VRSN |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/rop-vs-vrsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rop-vs-vrsn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ROP correlations · VRSN correlations