ANNA vs DIA: Correlation
AleAnna, Inc. (ANNA) and SPDR Dow Jones Industrial Average ETF (DIA) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and DIA?
Over the past 3 years, ANNA and DIA moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.59 versus -0.17 over 3 years. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -191.7 %².
Among the 103 assets we track against ANNA, DIA ranks #27 by 3-year correlation. The last year tells two different stories: DIA led by 53.5 percentage points, -34.3% for ANNA against +19.2% for DIA. Note the risk asymmetry: ANNA runs 6.8 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 DIA: side by side
| ANNA (AleAnna, Inc.) | DIA (SPDR Dow Jones Industrial Average ETF) | |
|---|---|---|
| 1-year return | -34.3% | +19.2% |
| 5-year return | -71.7% | +64.8% |
| Volatility (ann.) | 88.7% | 13.0% |
| Beta vs S&P 500 | -0.92 | 0.79 |
| Max drawdown (3Y) | -86.3% | -16.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 1.37% |
| Expense ratio | – | 0.16% |
| Assets under management | – | $45.2B |
| Sector / category | US Listed | ETF · US Large Cap |
DIA is a Large Value fund from State Street Investment Management: $45.2B under management, 30 holdings, a 0.16% expense ratio, a 1.37% trailing dividend yield.
Year-by-year returns
| Year | ANNA | DIA |
|---|---|---|
| 2022 | – | -7.0% |
| 2023 | +7.3% | +16.0% |
| 2024 | -37.6% | +14.8% |
| 2025 | -57.6% | +14.7% |
| 2026 | -3.0% | +12.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and DIA good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between ANNA and DIA?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.59 over the last year and -0.12 over 5 years.
Is DIA a good diversifier for ANNA?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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.
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Related comparisons
Hubs: ANNA correlations · DIA correlations
