ACCO vs ANNA: Correlation
Measured on weekly returns over the past three years, Acco Brands Corporation (ACCO) and AleAnna, Inc. (ANNA) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACCO and ANNA?
On 3 years of weekly data the ACCO/ANNA correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.47 versus -0.25 over 3 years. The 5-year figure is -0.21, and annualized covariance runs at -880.2 %².
Among the 22 assets we track against ACCO, ANNA sits near the bottom by co-movement, at rank #20. Correlation aside, the last 12 months split them widely, with ACCO ahead by 52.1 points (+17.8% versus -34.3%). Note the risk asymmetry: ANNA runs 2.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ACCO vs ANNA: side by side
| ACCO (Acco Brands Corporation) | ANNA (AleAnna, Inc.) | |
|---|---|---|
| 1-year return | +17.8% | -34.3% |
| 5-year return | -36.8% | -71.7% |
| Volatility (ann.) | 40.3% | 88.7% |
| Beta vs S&P 500 | 1.19 | -0.92 |
| Max drawdown (3Y) | -50.0% | -86.3% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | 6.8 | 14.7 |
| Dividend yield | 7.16% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACCO | ANNA |
|---|---|---|
| 2022 | -29.2% | – |
| 2023 | +15.3% | +7.3% |
| 2024 | -8.7% | -37.6% |
| 2025 | -23.1% | -57.6% |
| 2026 | +22.5% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACCO and ANNA good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACCO and ANNA?
As of 2026-08-27, the correlation of weekly returns between ACCO and ANNA is -0.25 over 3 years, -0.47 over 1 year and -0.21 over 5 years.
Is ANNA a good diversifier for ACCO?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/acco-vs-anna.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acco-vs-anna/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACCO correlations · ANNA correlations
