Are NOW and SNOW correlated?

NOW and SNOW have a 252-day pairwise correlation of 0.55 (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?

Yes - 1 ETFs hold both NOW and SNOW, including IGV.

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: $110.73
Market cap: $114.2B
Sector: Information Technology
30d return: +8.7%
90d return: +6.2%
252d return: -

SNOWUS

Snowflake Inc.

Last close: $262.74
Market cap: $91.1B
Sector: Information Technology
30d return: +57.3%
90d return: +55.3%
252d return: -

252-day correlation

0.55moderate

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

ETFs (1)

IGV

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

Data refreshes daily. Last close 2026-07-07.