SNOW vs VRRM: Correlation
Snowflake Inc. (SNOW) and Verra Mobility Corporation (VRRM) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SNOW and VRRM?
Over the past 3 years, SNOW and VRRM moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.50 versus -0.28 over 3 years. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -800.4 %².
Out of 17 assets tracked against SNOW, VRRM lands near the bottom at #15. Correlation aside, the last 12 months split them widely, with SNOW ahead by 146.8 points (+64.2% versus -82.6%).
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.
SNOW vs VRRM: side by side
| SNOW (Snowflake Inc.) | VRRM (Verra Mobility Corporation) | |
|---|---|---|
| 1-year return | +64.2% | -82.6% |
| 5-year return | +10.5% | -71.6% |
| Volatility (ann.) | 55.4% | 50.8% |
| Beta vs S&P 500 | 1.41 | 0.33 |
| Max drawdown (3Y) | -56.3% | -87.5% |
| Market cap | $114.1B | $0.7B |
| P/E (trailing) | – | 16.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SNOW | VRRM |
|---|---|---|
| 2022 | -57.6% | -10.4% |
| 2023 | +38.6% | +66.5% |
| 2024 | -22.4% | +5.0% |
| 2025 | +42.1% | -7.3% |
| 2026 | +50.0% | -80.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SNOW and VRRM good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between SNOW and VRRM?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with -0.50 over the last year and -0.07 over 5 years.
Is VRRM a good diversifier for SNOW?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
A reading of -0.28 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/snow-vs-vrrm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/snow-vs-vrrm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SNOW correlations · VRRM correlations
