ANNA vs DGRO: Correlation
AleAnna, Inc. (ANNA) and iShares Core Dividend Growth ETF (DGRO) show a negative relationship: their 3-year correlation of weekly returns is -0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and DGRO?
On 3 years of weekly data the ANNA/DGRO correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.52 versus -0.15 over 3 years. The 5-year figure is -0.10, and annualized covariance runs at -147.3 %².
Within ANNA's tracked universe of 103 assets, DGRO comes in at #13 by 3-year correlation. The last year tells two different stories: DGRO led by 55.3 percentage points, -34.3% for ANNA against +21.0% for DGRO. Risk is not evenly split, since ANNA carries 7.8 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.
ANNA vs DGRO: side by side
| ANNA (AleAnna, Inc.) | DGRO (iShares Core Dividend Growth ETF) | |
|---|---|---|
| 1-year return | -34.3% | +21.0% |
| 5-year return | -71.7% | +67.9% |
| Volatility (ann.) | 88.7% | 11.4% |
| Beta vs S&P 500 | -0.92 | 0.65 |
| Max drawdown (3Y) | -86.3% | -14.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 1.89% |
| Expense ratio | – | 0.08% |
| Assets under management | – | $42.8B |
| Sector / category | US Listed | ETF · Dividend |
DGRO is a Large Value fund from iShares: $42.8B under management, 383 holdings, a 0.08% expense ratio, a 1.89% trailing dividend yield.
Year-by-year returns
| Year | ANNA | DGRO |
|---|---|---|
| 2022 | – | -7.9% |
| 2023 | +7.3% | +10.5% |
| 2024 | -37.6% | +16.6% |
| 2025 | -57.6% | +15.7% |
| 2026 | -3.0% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and DGRO good diversifiers for each other?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between ANNA and DGRO?
The ANNA/DGRO correlation stands at -0.15 on a 3-year window (1 year: -0.52, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is DGRO a good diversifier for ANNA?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
What does a correlation of -0.15 mean?
A reading of -0.15 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/anna-vs-dgro.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/anna-vs-dgro/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANNA correlations · DGRO correlations
