ANNA vs DIS: Correlation
How closely do AleAnna, Inc. (ANNA) and Walt Disney Company (The) (DIS) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and DIS?
Across a 3-year window, the weekly returns of ANNA and DIS correlate at -0.18, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.41) runs below the 3-year figure (-0.18). Stretching to 5 years gives -0.14, with an annualized covariance of -447.5 %².
Within ANNA's tracked universe of 103 assets, DIS comes in at #39 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DIS outperformed by 26.1 percentage points (-34.3% for ANNA against -8.2% for DIS). One caveat on sizing: ANNA is 3.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 DIS: side by side
| ANNA (AleAnna, Inc.) | DIS (Walt Disney Company (The)) | |
|---|---|---|
| 1-year return | -34.3% | -8.2% |
| 5-year return | -71.7% | -38.8% |
| Volatility (ann.) | 88.7% | 27.7% |
| Beta vs S&P 500 | -0.92 | 0.96 |
| Max drawdown (3Y) | -86.3% | -32.9% |
| Market cap | $0.1B | $184.4B |
| P/E (trailing) | 14.7 | 22.6 |
| Dividend yield | 0.00% | 1.37% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | ANNA | DIS |
|---|---|---|
| 2022 | – | -43.9% |
| 2023 | +7.3% | +4.3% |
| 2024 | -37.6% | +24.4% |
| 2025 | -57.6% | +3.3% |
| 2026 | -3.0% | -5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and DIS good diversifiers for each other?
Yes. With a correlation of -0.18, ANNA and DIS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANNA and DIS?
The ANNA/DIS correlation stands at -0.18 on a 3-year window (1 year: -0.41, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is DIS a good diversifier for ANNA?
Yes. With a correlation of -0.18, ANNA and DIS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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-dis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anna-vs-dis/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ANNA correlations · DIS correlations
