AKAN vs WTW: Correlation
Measured on weekly returns over the past three years, Akanda Corp. (AKAN) and Willis Towers Watson (WTW) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKAN and WTW?
Across a 3-year window, the weekly returns of AKAN and WTW correlate at -0.28, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.37 lands near the 3-year figure. Stretching to 5 years gives -0.18, with an annualized covariance of -1873.3 %².
WTW is close to the least connected end of AKAN's tracked universe, ranking #23 of 26. The last year tells two different stories: WTW led by 99.4 percentage points, -95.2% for AKAN against +4.2% for WTW. One caveat on sizing: AKAN is 12.2 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.
AKAN vs WTW: side by side
| AKAN (Akanda Corp.) | WTW (Willis Towers Watson) | |
|---|---|---|
| 1-year return | -95.2% | +4.2% |
| 5-year return | -100.0% | +68.3% |
| Volatility (ann.) | 285.6% | 23.5% |
| Beta vs S&P 500 | 2.86 | 0.32 |
| Max drawdown (3Y) | -99.9% | -30.4% |
| Market cap | – | $31.5B |
| P/E (trailing) | – | 21.2 |
| Dividend yield | 0.00% | 0.55% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | AKAN | WTW |
|---|---|---|
| 2022 | – | +4.5% |
| 2023 | -70.5% | +0.1% |
| 2024 | -95.5% | +31.5% |
| 2025 | -90.9% | +6.1% |
| 2026 | -58.9% | +4.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKAN and WTW good diversifiers for each other?
Yes. With a correlation of -0.28, AKAN and WTW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AKAN and WTW?
As of 2026-08-27, the correlation of weekly returns between AKAN and WTW is -0.28 over 3 years, -0.37 over 1 year and -0.18 over 5 years.
Is WTW a good diversifier for AKAN?
Yes. With a correlation of -0.28, AKAN and WTW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 mean?
A reading of -0.28 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/akan-vs-wtw.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/akan-vs-wtw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AKAN correlations · WTW correlations
