AIG vs ANNA: Correlation
How closely do American International Group (AIG) and AleAnna, Inc. (ANNA) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIG and ANNA?
Over the past 3 years, AIG and ANNA moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.24) sits close to the 3-year figure. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -308.4 %².
Within AIG's tracked universe of 28 assets, ANNA comes in at #19 by 3-year correlation. The last year tells two different stories: AIG led by 29.7 percentage points, -4.6% for AIG against -34.3% for ANNA. Risk is not evenly split, since ANNA carries 4.4 times the volatility of the other side.
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.
AIG vs ANNA: side by side
| AIG (American International Group) | ANNA (AleAnna, Inc.) | |
|---|---|---|
| 1-year return | -4.6% | -34.3% |
| 5-year return | +58.9% | -71.7% |
| Volatility (ann.) | 20.1% | 88.7% |
| Beta vs S&P 500 | 0.46 | -0.92 |
| Max drawdown (3Y) | -17.0% | -86.3% |
| Market cap | $40.1B | $0.1B |
| P/E (trailing) | 14.0 | 14.7 |
| Dividend yield | 2.40% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AIG | ANNA |
|---|---|---|
| 2022 | +13.8% | – |
| 2023 | +9.8% | +7.3% |
| 2024 | +9.8% | -37.6% |
| 2025 | +20.0% | -57.6% |
| 2026 | -9.3% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIG and ANNA good diversifiers for each other?
Yes. With a correlation of -0.17, AIG and ANNA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AIG and ANNA?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.24 over the last year and -0.12 over 5 years.
Is ANNA a good diversifier for AIG?
Yes. With a correlation of -0.17, AIG and ANNA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 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/aig-vs-anna.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aig-vs-anna/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIG correlations · ANNA correlations
