ANGO vs VIR: Correlation
How closely do AngioDynamics, Inc. (ANGO) and Vir Biotechnology, Inc. (VIR) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANGO and VIR?
Over the past 3 years, ANGO and VIR moved with a correlation of 0.38, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.10 versus 0.38 over 3 years. Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is 1271.0 %².
Few assets follow ANGO as closely as VIR, which ranks #3 of 11 tracked partners. The last year tells two different stories: VIR led by 58.7 percentage points, +57.6% for ANGO against +116.3% for VIR.
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 VIR: side by side
| ANGO (AngioDynamics, Inc.) | VIR (Vir Biotechnology, Inc.) | |
|---|---|---|
| 1-year return | +57.6% | +116.3% |
| 5-year return | -44.6% | -77.3% |
| Volatility (ann.) | 50.1% | 67.1% |
| Beta vs S&P 500 | 0.26 | 0.85 |
| Max drawdown (3Y) | -37.3% | -67.4% |
| Market cap | $0.7B | $1.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANGO | VIR |
|---|---|---|
| 2022 | -50.1% | -39.6% |
| 2023 | -43.1% | -60.3% |
| 2024 | +16.8% | -27.0% |
| 2025 | +40.2% | -17.8% |
| 2026 | +22.9% | +87.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANGO and VIR good diversifiers for each other?
Reasonably. At 0.38, ANGO and VIR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ANGO and VIR?
As of 2026-08-27, the correlation of weekly returns between ANGO and VIR is 0.38 over 3 years, 0.10 over 1 year and 0.25 over 5 years.
Is VIR a good diversifier for ANGO?
Reasonably. At 0.38, ANGO and VIR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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-vir.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ango-vs-vir/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANGO correlations · VIR correlations
