ANF vs SN: Correlation
How closely do Abercrombie & Fitch Company (ANF) and SharkNinja, Inc. (SN) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANF and SN?
On 3 years of weekly data the ANF/SN correlation comes out at 0.42, moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 1065.9 %².
SN is one of the assets that tracks ANF most closely: it ranks #2 out of the 12 assets we track against ANF. On 12-month performance SN holds a 7.5-point edge, +52.8% against +60.3%.
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 SN: side by side
| ANF (Abercrombie & Fitch Company) | SN (SharkNinja, Inc.) | |
|---|---|---|
| 1-year return | +52.8% | +60.3% |
| 5-year return | +299.1% | n/a |
| Volatility (ann.) | 57.9% | 43.5% |
| Beta vs S&P 500 | 1.47 | 1.43 |
| Max drawdown (3Y) | -65.9% | -42.6% |
| Market cap | $6.5B | $27.3B |
| P/E (trailing) | 12.8 | 39.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANF | SN |
|---|---|---|
| 2022 | -34.2% | – |
| 2023 | +285.1% | – |
| 2024 | +69.4% | +90.3% |
| 2025 | -15.8% | +14.9% |
| 2026 | +15.8% | +72.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANF and SN good diversifiers for each other?
Reasonably. At 0.42, ANF and SN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ANF and SN?
As of 2026-08-27, the correlation of weekly returns between ANF and SN is 0.42 over 3 years, 0.48 over 1 year and n/a over 5 years.
Is SN a good diversifier for ANF?
Reasonably. At 0.42, ANF and SN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 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-sn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anf-vs-sn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANF correlations · SN correlations
