ANGI vs LZ: Correlation
Measured on weekly returns over the past three years, Angi Inc. (ANGI) and LegalZoom.com, Inc. (LZ) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANGI and LZ?
Across a 3-year window, the weekly returns of ANGI and LZ correlate at 0.47, moderate. Recent behaviour matches the longer record: 0.56 over 1 year against 0.47 over 3. Stretching to 5 years gives 0.39, with an annualized covariance of 1621.2 %².
Among the 16 assets we track against ANGI, LZ ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LZ outperformed by 27.4 percentage points (-73.3% for ANGI against -45.9% for LZ).
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.
ANGI vs LZ: side by side
| ANGI (Angi Inc.) | LZ (LegalZoom.com, Inc.) | |
|---|---|---|
| 1-year return | -73.3% | -45.9% |
| 5-year return | -95.6% | -82.4% |
| Volatility (ann.) | 67.2% | 51.4% |
| Beta vs S&P 500 | 1.62 | 0.94 |
| Max drawdown (3Y) | -85.6% | -60.0% |
| Market cap | $0.2B | $1.0B |
| P/E (trailing) | – | 67.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANGI | LZ |
|---|---|---|
| 2022 | -74.5% | -51.8% |
| 2023 | +6.0% | +46.0% |
| 2024 | -33.3% | -33.5% |
| 2025 | -22.1% | +32.2% |
| 2026 | -63.9% | -39.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANGI and LZ good diversifiers for each other?
Reasonably. At 0.47, ANGI and LZ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ANGI and LZ?
As of 2026-08-27, the correlation of weekly returns between ANGI and LZ is 0.47 over 3 years, 0.56 over 1 year and 0.39 over 5 years.
Is LZ a good diversifier for ANGI?
Reasonably. At 0.47, ANGI and LZ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/angi-vs-lz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/angi-vs-lz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ANGI correlations · LZ correlations
