Are NOW and SNOW correlated?

NOW and SNOW have a 252-day pairwise correlation of 0.49 (moderate). Values above 0.6 indicate the two stocks tend to move together as part of the same capital flow; below 0.4 they're largely independent.

Do NOW and SNOW share any ETFs?

No ETF in QuantAbundance's coverage currently holds both NOW and SNOW.

Which bubbles or themes do NOW and SNOW share?

NOW and SNOW share these AI-supercycle groupings: Enterprise SaaS AI (bubble).

Stock comparison

NOW vs SNOW

ServiceNow, Inc. and Snowflake Inc. - both members of Enterprise SaaS AI.

NOWUS

ServiceNow, Inc.

Last close: $101.97
Market cap: $105.8B
Sector: Information Technology
30d return: -24.8%
90d return: -3.6%
252d return: -

SNOWUS

Snowflake Inc.

Last close: $275.88
Market cap: $97.3B
Sector: Information Technology
30d return: -17.9%
90d return: +5.6%
252d return: -

252-day correlation

0.49moderate

Pearson correlation of daily log-returns over the last 252 trading days. >0.6 = tight (move as one bloc); 0.4-0.6 = thematic linkage;<0.4 = largely independent. See the full matrix.

Shared context

Bubbles

Enterprise SaaS AI

Want the full picture? NOW stock page · SNOW stock page · full correlation matrix

Data refreshes daily. Last close 2026-11-08.