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ANAB vs CMPS: Correlation

AnaptysBio, Inc. (ANAB) and COMPASS Pathways Plc - American Depository Shares (CMPS) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.38
moderate
Correlation (1Y)
0.31
last 12 months
Correlation (5Y)
0.35
long-run
Ann. covariance
2275.1
%² · weekly, annualized

How correlated are ANAB and CMPS?

Across a 3-year window, the weekly returns of ANAB and CMPS correlate at 0.38, moderate. Recent behaviour matches the longer record: 0.31 over 1 year against 0.38 over 3. Stretching to 5 years gives 0.35, with an annualized covariance of 2275.1 %².

Few assets follow ANAB as closely as CMPS, which ranks #3 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with ANAB ahead by 111.0 points (+321.2% versus +210.2%).

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.

ANAB vs CMPS: side by side

ANAB (AnaptysBio, Inc.)CMPS (COMPASS Pathways Plc - American Depository Shares)
1-year return+321.2%+210.2%
5-year return+243.9%-55.2%
Volatility (ann.)74.9%79.7%
Beta vs S&P 5001.031.72
Max drawdown (3Y)-69.3%-81.0%
Market cap$1.7B$2.0B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ANAB -69.3% vs -81.0%Higher 5y return: ANAB +243.9% vs -55.2%
-5%0%+375%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ANAB · CMPS

Year-by-year returns

YearANABCMPS
2022-10.8%-63.7%
2023-30.9%+9.0%
2024-38.2%-56.8%
2025+266.2%+82.5%
2026+77.3%+112.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ANAB and CMPS good diversifiers for each other?

Reasonably. At 0.38, ANAB and CMPS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between ANAB and CMPS?

As of 2026-08-27, the correlation of weekly returns between ANAB and CMPS is 0.38 over 3 years, 0.31 over 1 year and 0.35 over 5 years.

Is CMPS a good diversifier for ANAB?

Reasonably. At 0.38, ANAB and CMPS 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.

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ANAB vs CMPS: 3-year weekly correlation 0.38ANAB vs CMPS0.38

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Hubs: ANAB correlations · CMPS correlations