UAA vs VRA: Correlation
Measured on weekly returns over the past three years, Under Armour, Inc. (UAA) and Vera Bradley, Inc. (VRA) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are UAA and VRA?
On 3 years of weekly data the UAA/VRA correlation comes out at 0.42, moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. The 5-year figure is 0.43, and annualized covariance runs at 1266.2 %².
Within UAA's tracked universe of 11 assets, VRA comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VRA outperformed by 60.8 percentage points (+0.6% for UAA against +61.4% for VRA).
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.
UAA vs VRA: side by side
| UAA (Under Armour, Inc.) | VRA (Vera Bradley, Inc.) | |
|---|---|---|
| 1-year return | +0.6% | +61.4% |
| 5-year return | -79.0% | -71.6% |
| Volatility (ann.) | 49.2% | 61.5% |
| Beta vs S&P 500 | 0.99 | 1.11 |
| Max drawdown (3Y) | -62.5% | -78.8% |
| Market cap | $2.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | UAA | VRA |
|---|---|---|
| 2022 | -52.1% | -46.8% |
| 2023 | -13.5% | +70.0% |
| 2024 | -5.8% | -49.0% |
| 2025 | -40.0% | -38.4% |
| 2026 | +2.0% | +38.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are UAA and VRA good diversifiers for each other?
Reasonably. At 0.42, UAA and VRA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between UAA and VRA?
As of 2026-08-27, the correlation of weekly returns between UAA 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 UAA?
Reasonably. At 0.42, UAA 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/uaa-vs-vra.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/uaa-vs-vra/)
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Related comparisons
Hubs: UAA correlations · VRA correlations
