ANNA vs CHD: Correlation
How closely do AleAnna, Inc. (ANNA) and Church & Dwight (CHD) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and CHD?
Across a 3-year window, the weekly returns of ANNA and CHD correlate at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.31 lands near the 3-year figure. Stretching to 5 years gives -0.15, with an annualized covariance of -327.9 %².
By 3-year correlation, CHD places #58 of the 103 assets tracked against ANNA. Their recent paths diverged sharply: over the last 12 months CHD outperformed by 45.8 percentage points (-34.3% for ANNA against +11.5% for CHD). Note the risk asymmetry: ANNA runs 5.0 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 CHD: side by side
| ANNA (AleAnna, Inc.) | CHD (Church & Dwight) | |
|---|---|---|
| 1-year return | -34.3% | +11.5% |
| 5-year return | -71.7% | +30.0% |
| Volatility (ann.) | 88.7% | 17.6% |
| Beta vs S&P 500 | -0.92 | 0.07 |
| Max drawdown (3Y) | -86.3% | -27.3% |
| Market cap | $0.1B | $24.3B |
| P/E (trailing) | 14.7 | 33.0 |
| Dividend yield | 0.00% | 1.17% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | ANNA | CHD |
|---|---|---|
| 2022 | – | -20.4% |
| 2023 | +7.3% | +18.7% |
| 2024 | -37.6% | +12.0% |
| 2025 | -57.6% | -18.9% |
| 2026 | -3.0% | +23.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and CHD good diversifiers for each other?
Yes. With a correlation of -0.21, ANNA and CHD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANNA and CHD?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.31 over the last year and -0.15 over 5 years.
Is CHD a good diversifier for ANNA?
Yes. With a correlation of -0.21, ANNA and CHD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/anna-vs-chd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/anna-vs-chd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANNA correlations · CHD correlations
