ANNA vs BCIC: Correlation
Measured on weekly returns over the past three years, AleAnna, Inc. (ANNA) and BCP Investment Corporation - Closed End Fund (BCIC) carry a correlation of -0.41, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and BCIC?
On 3 years of weekly data the ANNA/BCIC correlation comes out at -0.41, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.49 lands near the 3-year figure. The 5-year figure is -0.35, and annualized covariance runs at -827.0 %².
BCIC is close to the least connected end of ANNA's tracked universe, ranking #103 of 103. Over the last 12 months BCIC came out ahead by 7.3 percentage points (-34.3% against -27.0%). Note the risk asymmetry: ANNA runs 3.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ANNA vs BCIC: side by side
| ANNA (AleAnna, Inc.) | BCIC (BCP Investment Corporation - Closed End Fund) | |
|---|---|---|
| 1-year return | -34.3% | -27.0% |
| 5-year return | -71.7% | -38.0% |
| Volatility (ann.) | 88.7% | 22.8% |
| Beta vs S&P 500 | -0.92 | 0.53 |
| Max drawdown (3Y) | -86.3% | -52.7% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 17.34% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANNA | BCIC |
|---|---|---|
| 2022 | – | +3.8% |
| 2023 | +7.3% | -9.0% |
| 2024 | -37.6% | +3.9% |
| 2025 | -57.6% | -15.8% |
| 2026 | -3.0% | -28.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and BCIC good diversifiers for each other?
Yes: at -0.41, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ANNA and BCIC?
The ANNA/BCIC correlation stands at -0.41 on a 3-year window (1 year: -0.49, 5 years: -0.35), computed from weekly returns as of 2026-08-27.
Is BCIC a good diversifier for ANNA?
Yes: at -0.41, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.41 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/anna-vs-bcic.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anna-vs-bcic/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ANNA correlations · BCIC correlations
