SNOW vs. ADBE
SNOW (Snowflake Inc.) and ADBE (Adobe Inc) are both stocks. Both are in the Technology sector — SNOW in Software - Application, ADBE in Software - Infrastructure. Over the past 5 years, SNOW returned -0.54%/yr vs -13.80%/yr for ADBE. At a 0.48 correlation, their price movements are largely independent.
Performance
SNOW vs. ADBE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNOW achieves a 9.61% return, which is significantly higher than ADBE's -30.00% return.
SNOW
- 1D
- 0.92%
- 1M
- 57.72%
- YTD
- 9.61%
- 6M
- 6.72%
- 1Y
- 14.04%
- 3Y*
- 12.11%
- 5Y*
- -0.54%
- 10Y*
- —
ADBE
- 1D
- -2.57%
- 1M
- -3.18%
- YTD
- -30.00%
- 6M
- -27.76%
- 1Y
- -41.24%
- 3Y*
- -18.59%
- 5Y*
- -13.80%
- 10Y*
- 9.70%
SNOW vs. ADBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SNOW Snowflake Inc. | 9.61% | 42.06% | -22.41% | 38.64% | -57.63% | 20.38% | 14.86% |
ADBE Adobe Inc | -30.00% | -21.29% | -25.46% | 77.28% | -40.65% | 13.38% | 0.49% |
Correlation
The correlation between SNOW and ADBE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2020 | 0.48 |
The correlation between SNOW and ADBE shifts across timeframes, from 0.31 (1 year) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SNOW:
$83.05B
ADBE:
$100.69B
SNOW:
-$3.53
ADBE:
$17.19
SNOW:
16.21
ADBE:
4.20
SNOW:
40.30
ADBE:
8.81
SNOW:
$5.03B
ADBE:
$24.45B
SNOW:
$3.38B
ADBE:
$21.82B
SNOW:
-$1.21B
ADBE:
$9.71B
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
SNOW vs. ADBE — Risk / Return Rank
SNOW
ADBE
SNOW vs. ADBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Snowflake Inc. (SNOW) and Adobe Inc (ADBE). 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.
| SNOW | ADBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.44 | ||
| Sortino ratioReturn per unit of downside risk | +2.71 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.78 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | -0.90 | +1.15 |
| Martin ratioReturn relative to average drawdown | 0.54 | -1.52 | +2.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SNOW | ADBE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.22 | -1.22 | +1.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | -0.38 | +0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.02 | 0.41 | -0.42 |
Drawdowns
SNOW vs. ADBE - Drawdown Comparison
The maximum SNOW drawdown since its inception was -72.99%, smaller than the maximum ADBE drawdown of -79.89%. Use the drawdown chart below to compare losses from any high point for SNOW and ADBE.
Loading charts...
Drawdown Indicators
| SNOW | ADBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.99% | -79.89% | +6.90% |
Max Drawdown (1Y)Largest decline over 1 year | -56.30% | -45.86% | -10.44% |
Max Drawdown (3Y)Largest decline over 3 years | -56.30% | -64.50% | +8.20% |
Max Drawdown (5Y)Largest decline over 5 years | -72.99% | -67.26% | -5.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -67.26% | — |
Current DrawdownCurrent decline from peak | -40.17% | -64.41% | +24.24% |
Average DrawdownAverage peak-to-trough decline | -49.08% | -25.98% | -23.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.86% | 27.17% | -1.31% |
Volatility
SNOW vs. ADBE - Volatility Comparison
Snowflake Inc. (SNOW) has a higher volatility of 35.49% compared to Adobe Inc (ADBE) at 14.05%. This indicates that SNOW's price experiences larger fluctuations and is considered to be riskier than ADBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SNOW | ADBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 35.49% | 14.05% | +21.44% |
Volatility (6M)Calculated over the trailing 6-month period | 52.71% | 28.21% | +24.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.40% | 33.86% | +31.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.91% | 36.34% | +25.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.75% | 34.36% | +28.39% |
Dividends
SNOW vs. ADBE - Dividend Comparison
Neither SNOW nor ADBE has paid dividends to shareholders.
Financials
SNOW vs. ADBE - Financials Comparison
This section allows you to compare key financial metrics between Snowflake Inc. and Adobe 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
SNOW vs. ADBE - Profitability Comparison
SNOW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Snowflake Inc. reported a gross profit of 926.45M and revenue of 1.39B. Therefore, the gross margin over that period was 66.6%.
ADBE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported a gross profit of 5.73B and revenue of 6.40B. Therefore, the gross margin over that period was 89.6%.
SNOW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Snowflake Inc. reported an operating income of -326.15M and revenue of 1.39B, resulting in an operating margin of -23.5%.
ADBE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported an operating income of 2.42B and revenue of 6.40B, resulting in an operating margin of 37.8%.
SNOW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Snowflake Inc. reported a net income of -295.57M and revenue of 1.39B, resulting in a net margin of -21.3%.
ADBE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported a net income of 1.89B and revenue of 6.40B, resulting in a net margin of 29.5%.
Frequently Asked Questions
SNOW and ADBE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNOW has higher volatility (35.49%) compared to ADBE (14.05%). In terms of maximum drawdown, SNOW dropped -72.99% vs ADBE's -79.89%.
SNOW currently has the higher Sharpe Ratio (0.22 vs -1.22), 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 SNOW and ADBE
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