ANGO vs FUBO: Correlation
AngioDynamics, Inc. (ANGO) and FuboTV Inc. (FUBO) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANGO and FUBO?
On 3 years of weekly data the ANGO/FUBO correlation comes out at 0.42, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.03 versus 0.42 over 3 years. The 5-year figure is 0.36, and annualized covariance runs at 3494.3 %².
Few assets follow ANGO as closely as FUBO, which ranks #1 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with ANGO ahead by 132.9 points (+57.6% versus -75.3%). One caveat on sizing: FUBO is 3.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ANGO vs FUBO: side by side
| ANGO (AngioDynamics, Inc.) | FUBO (FuboTV Inc.) | |
|---|---|---|
| 1-year return | +57.6% | -75.3% |
| 5-year return | -44.6% | -96.9% |
| Volatility (ann.) | 50.1% | 164.3% |
| Beta vs S&P 500 | 0.26 | 0.34 |
| Max drawdown (3Y) | -37.3% | -87.7% |
| Market cap | $0.7B | $0.3B |
| P/E (trailing) | – | 2.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANGO | FUBO |
|---|---|---|
| 2022 | -50.1% | -88.8% |
| 2023 | -43.1% | +82.8% |
| 2024 | +16.8% | -60.4% |
| 2025 | +40.2% | +100.0% |
| 2026 | +22.9% | -66.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANGO and FUBO good diversifiers for each other?
Reasonably. At 0.42, ANGO and FUBO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ANGO and FUBO?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.03 over the last year and 0.36 over 5 years.
Is FUBO a good diversifier for ANGO?
Reasonably. At 0.42, ANGO and FUBO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ango-vs-fubo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ango-vs-fubo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANGO correlations · FUBO correlations
