ANF vs MPU: Correlation
Measured on weekly returns over the past three years, Abercrombie & Fitch Company (ANF) and Mega Matrix Inc. Class A (MPU) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANF and MPU?
Over the past 3 years, ANF and MPU moved with a correlation of 0.34, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.47 versus 0.34 over 3 years. Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 2686.2 %².
MPU is close to the least connected end of ANF's tracked universe, ranking #8 of 12. Correlation aside, the last 12 months split them widely, with ANF ahead by 144.1 points (+52.8% versus -91.3%). Risk is not evenly split, since MPU carries 2.4 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.
ANF vs MPU: side by side
| ANF (Abercrombie & Fitch Company) | MPU (Mega Matrix Inc. Class A) | |
|---|---|---|
| 1-year return | +52.8% | -91.3% |
| 5-year return | +299.1% | -96.8% |
| Volatility (ann.) | 57.9% | 137.9% |
| Beta vs S&P 500 | 1.47 | 1.05 |
| Max drawdown (3Y) | -65.9% | -95.1% |
| Market cap | $6.5B | – |
| P/E (trailing) | 12.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANF | MPU |
|---|---|---|
| 2022 | -34.2% | -85.3% |
| 2023 | +285.1% | -19.9% |
| 2024 | +69.4% | -1.4% |
| 2025 | -15.8% | -34.5% |
| 2026 | +15.8% | -75.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANF and MPU good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ANF and MPU?
As of 2026-08-27, the correlation of weekly returns between ANF and MPU is 0.34 over 3 years, 0.47 over 1 year and 0.22 over 5 years.
Is MPU a good diversifier for ANF?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 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/anf-vs-mpu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anf-vs-mpu/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ANF correlations · MPU correlations
