AMWL vs FLWS: Correlation
Measured on weekly returns over the past three years, American Well Corporation (AMWL) and 1-800-FLOWERS.COM, Inc. (FLWS) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMWL and FLWS?
Over the past 3 years, AMWL and FLWS moved with a correlation of 0.50, which is moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.50 over 3. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 2255.7 %².
In AMWL's tracked universe of 10 assets, FLWS sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months AMWL outperformed by 102.3 percentage points (+69.1% for AMWL against -33.2% for FLWS).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AMWL vs FLWS: side by side
| AMWL (American Well Corporation) | FLWS (1-800-FLOWERS.COM, Inc.) | |
|---|---|---|
| 1-year return | +69.1% | -33.2% |
| 5-year return | -94.4% | -88.4% |
| Volatility (ann.) | 78.9% | 57.7% |
| Beta vs S&P 500 | 2.13 | 1.81 |
| Max drawdown (3Y) | -88.0% | -73.4% |
| Market cap | $0.2B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMWL | FLWS |
|---|---|---|
| 2022 | -53.1% | -59.1% |
| 2023 | -47.3% | +12.8% |
| 2024 | -75.7% | -24.2% |
| 2025 | -32.3% | -51.9% |
| 2026 | +139.3% | -4.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMWL and FLWS good diversifiers for each other?
Only partially. A correlation of 0.50 means AMWL and FLWS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AMWL and FLWS?
The AMWL/FLWS correlation stands at 0.50 on a 3-year window (1 year: 0.45, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is FLWS a good diversifier for AMWL?
Only partially. A correlation of 0.50 means AMWL and FLWS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amwl-vs-flws.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amwl-vs-flws/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMWL correlations · FLWS correlations
