ANF vs URBN: Correlation
How closely do Abercrombie & Fitch Company (ANF) and Urban Outfitters, Inc. (URBN) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANF and URBN?
On 3 years of weekly data the ANF/URBN correlation comes out at 0.42, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.65 versus 0.42 over 3 years. The 5-year figure is 0.47, and annualized covariance runs at 1020.3 %².
URBN is one of the assets that tracks ANF most closely: it ranks #3 out of the 12 assets we track against ANF. Correlation aside, the last 12 months split them widely, with ANF ahead by 51.8 points (+52.8% versus +1.0%).
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.
ANF vs URBN: side by side
| ANF (Abercrombie & Fitch Company) | URBN (Urban Outfitters, Inc.) | |
|---|---|---|
| 1-year return | +52.8% | +1.0% |
| 5-year return | +299.1% | +132.0% |
| Volatility (ann.) | 57.9% | 41.9% |
| Beta vs S&P 500 | 1.47 | 1.09 |
| Max drawdown (3Y) | -65.9% | -28.5% |
| Market cap | $6.5B | $6.7B |
| P/E (trailing) | 12.8 | 15.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANF | URBN |
|---|---|---|
| 2022 | -34.2% | -18.8% |
| 2023 | +285.1% | +49.6% |
| 2024 | +69.4% | +53.8% |
| 2025 | -15.8% | +37.1% |
| 2026 | +15.8% | +4.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANF and URBN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ANF and URBN?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.65 over the last year and 0.47 over 5 years.
Is URBN a good diversifier for ANF?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 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/anf-vs-urbn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anf-vs-urbn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ANF correlations · URBN correlations
