SNOW vs. NOG
SNOW (Snowflake Inc.) and NOG (Northern Oil and Gas, Inc.) are both stocks. SNOW operates in Software - Application (Technology), while NOG operates in Oil & Gas E&P (Energy). Over the past 5 years, SNOW returned 1.99%/yr vs 9.05%/yr for NOG. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
SNOW vs. NOG - Performance Comparison
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Returns By Period
In the year-to-date period, SNOW achieves a 33.70% return, which is significantly higher than NOG's 2.37% return.
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%
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%
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 |
SNOW vs. NOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SNOW Snowflake Inc. | 33.70% | 42.06% | -22.41% | 38.64% | -57.63% | 20.38% | 14.86% |
NOG Northern Oil and Gas, Inc. | 2.37% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | 60.97% |
Correlation
The correlation between SNOW and NOG 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 SNOW and NOG shifts across timeframes, from 0.04 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SNOW:
$101.65B
NOG:
$2.30B
SNOW:
-$3.51
NOG:
-$6.34
SNOW:
19.88
NOG:
1.37
SNOW:
49.16
NOG:
1.17
SNOW:
$5.03B
NOG:
$1.52B
SNOW:
$3.38B
NOG:
$450.66M
SNOW:
-$1.21B
NOG:
$73.21M
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Return for Risk
SNOW vs. NOG — Risk / Return Rank
SNOW
NOG
SNOW vs. NOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Snowflake Inc. (SNOW) and Northern Oil and Gas, Inc. (NOG). 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.
| SNOW | NOG | 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 | 1.16 | 0.96 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | -0.46 | +1.02 |
| Martin ratioReturn relative to average drawdown | 1.21 | -1.03 | +2.23 |
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Drawdowns
SNOW vs. NOG - Drawdown Comparison
The maximum SNOW drawdown since its inception was -72.99%, smaller than the maximum NOG drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for SNOW and NOG.
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Drawdown Indicators
| SNOW | NOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.99% | -98.96% | +25.97% |
Max Drawdown (1Y)Largest decline over 1 year | -56.30% | -41.43% | -14.87% |
Max Drawdown (3Y)Largest decline over 3 years | -56.30% | -55.08% | -1.22% |
Max Drawdown (5Y)Largest decline over 5 years | -72.99% | -55.08% | -17.91% |
Max Drawdown (10Y)Largest decline over 10 years | — | -92.15% | — |
Current DrawdownCurrent decline from peak | -27.02% | -91.84% | +64.82% |
Average DrawdownAverage peak-to-trough decline | -48.72% | -69.89% | +21.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.11% | 19.41% | +6.70% |
Volatility
SNOW vs. NOG - Volatility Comparison
The current volatility for Snowflake Inc. (SNOW) is 9.54%, while Northern Oil and Gas, Inc. (NOG) has a volatility of 16.52%. This indicates that SNOW experiences smaller price fluctuations and is considered to be less risky than NOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNOW | NOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.54% | 16.52% | -6.98% |
Volatility (6M)Calculated over the trailing 6-month period | 52.74% | 33.58% | +19.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.43% | 46.31% | +20.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.02% | 49.16% | +12.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.28% | 70.52% | -8.24% |
Dividends
SNOW vs. NOG - Dividend Comparison
SNOW has not paid dividends to shareholders, while NOG's dividend yield for the trailing twelve months is around 8.51%.
| 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
SNOW vs. NOG - Financials Comparison
This section allows you to compare key financial metrics between Snowflake Inc. and Northern Oil and Gas, 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
SNOW and NOG 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, SNOW dropped -72.99% vs NOG's -98.96%.
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.
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