UA vs VRA: Correlation
How closely do Under Armour, Inc. (UA) and Vera Bradley, Inc. (VRA) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are UA and VRA?
Across a 3-year window, the weekly returns of UA and VRA correlate at 0.42, moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. Stretching to 5 years gives 0.43, with an annualized covariance of 1210.9 %².
By 3-year correlation, VRA places #7 of the 12 assets tracked against UA. Correlation aside, the last 12 months split them widely, with VRA ahead by 61.2 points (+0.2% versus +61.4%).
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.
UA vs VRA: side by side
| UA (Under Armour, Inc.) | VRA (Vera Bradley, Inc.) | |
|---|---|---|
| 1-year return | +0.2% | +61.4% |
| 5-year return | -76.2% | -71.6% |
| Volatility (ann.) | 46.7% | 61.5% |
| Beta vs S&P 500 | 0.99 | 1.11 |
| Max drawdown (3Y) | -60.2% | -78.8% |
| Market cap | $2.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | UA | VRA |
|---|---|---|
| 2022 | -50.6% | -46.8% |
| 2023 | -6.4% | +70.0% |
| 2024 | -10.7% | -49.0% |
| 2025 | -35.7% | -38.4% |
| 2026 | +3.3% | +38.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are UA and VRA good diversifiers for each other?
Reasonably. At 0.42, UA and VRA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between UA and VRA?
As of 2026-08-27, the correlation of weekly returns between UA and VRA is 0.42 over 3 years, 0.38 over 1 year and 0.43 over 5 years.
Is VRA a good diversifier for UA?
Reasonably. At 0.42, UA and VRA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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/ua-vs-vra.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ua-vs-vra/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: UA correlations · VRA correlations
