VTEX vs YELP: Correlation
How closely do VTEX Class A (VTEX) and Yelp Inc. (YELP) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VTEX and YELP?
On 3 years of weekly data the VTEX/YELP correlation comes out at 0.43, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.56 versus 0.43 over 3 years. The 5-year figure is 0.48, and annualized covariance runs at 611.9 %².
Few assets follow VTEX as closely as YELP, which ranks #2 of 11 tracked partners. Their recent paths diverged sharply: over the last 12 months VTEX outperformed by 16.2 percentage points (-12.4% for VTEX against -28.6% for YELP).
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.
VTEX vs YELP: side by side
| VTEX (VTEX Class A) | YELP (Yelp Inc.) | |
|---|---|---|
| 1-year return | -12.4% | -28.6% |
| 5-year return | -86.1% | -41.2% |
| Volatility (ann.) | 44.3% | 32.4% |
| Beta vs S&P 500 | 0.67 | 0.57 |
| Max drawdown (3Y) | -69.5% | -59.2% |
| Market cap | $0.6B | $1.2B |
| P/E (trailing) | 22.1 | 10.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VTEX | YELP |
|---|---|---|
| 2022 | -65.0% | -24.6% |
| 2023 | +83.5% | +73.2% |
| 2024 | -14.4% | -18.3% |
| 2025 | -36.2% | -21.5% |
| 2026 | -6.1% | -25.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VTEX and YELP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between VTEX and YELP?
The VTEX/YELP correlation stands at 0.43 on a 3-year window (1 year: 0.56, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is YELP a good diversifier for VTEX?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 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/vtex-vs-yelp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vtex-vs-yelp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: VTEX correlations · YELP correlations
