VEON vs. SNAP
VEON (VEON Ltd.) and SNAP (Snap Inc.) are both stocks. Both are in the Communication Services sector — VEON in Telecom Services, SNAP in Internet Content & Information. Over the past 5 years, VEON returned 3.63%/yr vs -42.47%/yr for SNAP. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
VEON vs. SNAP - Performance Comparison
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Returns By Period
In the year-to-date period, VEON achieves a -0.53% return, which is significantly higher than SNAP's -41.88% return.
VEON
- 1D
- -0.95%
- 1M
- 0.56%
- 6M
- -4.30%
- YTD
- -0.53%
- 1Y
- 3.44%
- 3Y*
- 45.72%
- 5Y*
- 3.63%
- 10Y*
- -3.71%
- ALL TIME*
- 2.44%
SNAP
- 1D
- 0.00%
- 1M
- -3.10%
- 6M
- -32.32%
- YTD
- -41.88%
- 1Y
- -48.18%
- 3Y*
- -25.36%
- 5Y*
- -42.47%
- 10Y*
- —
- ALL TIME*
- -15.92%
Liquidity Comparison
VEON vs. SNAP - Yearly Performance Comparison
Correlation
The correlation between VEON and SNAP is 0.07, 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. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 2, 2017 | 0.14 |
Fundamentals
VEON:
$3.62B
SNAP:
$7.94B
VEON:
$8.27
SNAP:
-$0.24
VEON:
0.73
SNAP:
1.31
VEON:
2.54
SNAP:
3.80
VEON:
$4.59B
SNAP:
$6.10B
VEON:
$3.63B
SNAP:
$3.40B
VEON:
$1.69B
SNAP:
-$173.71M
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Return for Risk
VEON vs. SNAP — Risk / Return Rank
VEON
SNAP
VEON vs. SNAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VEON Ltd. (VEON) and Snap Inc. (SNAP). 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.
| VEON | SNAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.84 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | -0.86 | +0.72 |
| Martin ratioReturn relative to average drawdown | -0.26 | -1.44 | +1.18 |
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Drawdowns
VEON vs. SNAP - Drawdown Comparison
The maximum VEON drawdown since its inception was -98.74%, roughly equal to the maximum SNAP drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for VEON and SNAP.
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Drawdown Indicators
| VEON | SNAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.74% | -95.27% | -3.47% |
Max Drawdown (1Y)Largest decline over 1 year | -30.54% | -58.50% | +27.96% |
Max Drawdown (3Y)Largest decline over 3 years | -32.15% | -77.48% | +45.33% |
Max Drawdown (5Y)Largest decline over 5 years | -88.66% | -95.27% | +6.61% |
Max Drawdown (10Y)Largest decline over 10 years | -92.52% | — | — |
Current DrawdownCurrent decline from peak | -89.99% | -94.36% | +4.37% |
Average DrawdownAverage peak-to-trough decline | -62.75% | -60.52% | -2.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.82% | 34.93% | -18.11% |
Volatility
VEON vs. SNAP - Volatility Comparison
The current volatility for VEON Ltd. (VEON) is 8.51%, while Snap Inc. (SNAP) has a volatility of 9.44%. This indicates that VEON experiences smaller price fluctuations and is considered to be less risky than SNAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEON | SNAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 9.44% | -0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 35.30% | 43.50% | -8.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.16% | 56.15% | -6.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.01% | 75.44% | -6.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.80% | 71.53% | -15.73% |
Dividends
VEON vs. SNAP - Dividend Comparison
Neither VEON nor SNAP has paid dividends to shareholders.
Financials
VEON vs. SNAP - Financials Comparison
This section allows you to compare key financial metrics between VEON Ltd. and Snap 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
VEON vs. SNAP - Profitability Comparison
VEON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, VEON Ltd. reported a gross profit of 844.74M and revenue of 1.21B. Therefore, the gross margin over that period was 70.0%.
SNAP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Snap Inc. reported a gross profit of 863.55M and revenue of 1.53B. Therefore, the gross margin over that period was 56.5%.
VEON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, VEON Ltd. reported an operating income of 309.37M and revenue of 1.21B, resulting in an operating margin of 25.7%.
SNAP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Snap Inc. reported an operating income of -74.45M and revenue of 1.53B, resulting in an operating margin of -4.9%.
VEON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, VEON Ltd. reported a net income of 99.44M and revenue of 1.21B, resulting in a net margin of 8.2%.
SNAP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Snap Inc. reported a net income of -88.95M and revenue of 1.53B, resulting in a net margin of -5.8%.
Frequently Asked Questions
VEON and SNAP have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNAP has higher volatility (9.44%) compared to VEON (8.51%). In terms of maximum drawdown, VEON dropped -98.74% vs SNAP's -95.27%.
VEON currently has the higher Sharpe Ratio (-0.09 vs -0.90), 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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