NOG vs. SNOW
NOG (Northern Oil and Gas, Inc.) and SNOW (Snowflake Inc.) are both stocks. NOG operates in Oil & Gas E&P (Energy), while SNOW operates in Software - Application (Technology). Over the past 5 years, NOG returned 9.05%/yr vs 1.99%/yr for SNOW. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
NOG vs. SNOW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NOG achieves a 2.37% return, which is significantly lower than SNOW's 33.70% return.
NOG
- 1D
- 1.49%
- 1M
- 20.44%
- 6M
- -12.08%
- YTD
- 2.37%
- 1Y
- -18.99%
- 3Y*
- -13.95%
- 5Y*
- 9.05%
- 10Y*
- -2.51%
- ALL TIME*
- -2.08%
SNOW
- 1D
- -1.62%
- 1M
- 12.29%
- 6M
- 52.20%
- YTD
- 33.70%
- 1Y
- 31.22%
- 3Y*
- 18.43%
- 5Y*
- 1.99%
- 10Y*
- —
- ALL TIME*
- 3.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $54.84M | $61.54M | $65.18M | |
SNOW Snowflake Inc. | $1.36B | $1.31B | $1.77B |
NOG vs. SNOW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 2.37% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | 60.97% |
SNOW Snowflake Inc. | 33.70% | 42.06% | -22.41% | 38.64% | -57.63% | 20.38% | 14.86% |
Correlation
The correlation between NOG and SNOW is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.04 |
Correlation (3Y) Balances recent behavior with more history. | 0.07 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2020 | 0.14 |
The correlation between NOG and SNOW shifts across timeframes, from 0.04 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NOG:
$2.30B
SNOW:
$101.65B
NOG:
-$6.34
SNOW:
-$3.51
NOG:
1.37
SNOW:
19.88
NOG:
1.17
SNOW:
49.16
NOG:
$1.52B
SNOW:
$5.03B
NOG:
$450.66M
SNOW:
$3.38B
NOG:
$73.21M
SNOW:
-$1.21B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NOG vs. SNOW — Risk / Return Rank
NOG
SNOW
NOG vs. SNOW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Oil and Gas, Inc. (NOG) and Snowflake Inc. (SNOW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NOG | SNOW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.58 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.16 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 0.56 | -1.02 |
| Martin ratioReturn relative to average drawdown | -1.03 | 1.21 | -2.23 |
Loading charts...
Drawdowns
NOG vs. SNOW - Drawdown Comparison
The maximum NOG drawdown since its inception was -98.96%, which is greater than SNOW's maximum drawdown of -72.99%. Use the drawdown chart below to compare losses from any high point for NOG and SNOW.
Loading charts...
Drawdown Indicators
| NOG | SNOW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.96% | -72.99% | -25.97% |
Max Drawdown (1Y)Largest decline over 1 year | -41.43% | -56.30% | +14.87% |
Max Drawdown (3Y)Largest decline over 3 years | -55.08% | -56.30% | +1.22% |
Max Drawdown (5Y)Largest decline over 5 years | -55.08% | -72.99% | +17.91% |
Max Drawdown (10Y)Largest decline over 10 years | -92.15% | — | — |
Current DrawdownCurrent decline from peak | -91.84% | -27.02% | -64.82% |
Average DrawdownAverage peak-to-trough decline | -69.89% | -48.72% | -21.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.41% | 26.11% | -6.70% |
Volatility
NOG vs. SNOW - Volatility Comparison
Northern Oil and Gas, Inc. (NOG) has a higher volatility of 16.52% compared to Snowflake Inc. (SNOW) at 9.54%. This indicates that NOG's price experiences larger fluctuations and is considered to be riskier than SNOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NOG | SNOW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.52% | 9.54% | +6.98% |
Volatility (6M)Calculated over the trailing 6-month period | 33.58% | 52.74% | -19.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.31% | 66.43% | -20.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.16% | 62.02% | -12.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.52% | 62.28% | +8.24% |
Dividends
NOG vs. SNOW - Dividend Comparison
NOG's dividend yield for the trailing twelve months is around 8.51%, while SNOW has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 8.51% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% |
SNOW Snowflake Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NOG vs. SNOW - Financials Comparison
This section allows you to compare key financial metrics between Northern Oil and Gas, Inc. and Snowflake Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
NOG and SNOW have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOG has higher volatility (16.52%) compared to SNOW (9.54%). In terms of maximum drawdown, NOG dropped -98.96% vs SNOW's -72.99%.
SNOW currently has the higher Sharpe Ratio (0.47 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for NOG and SNOW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer