ANNA vs EFC: Correlation
AleAnna, Inc. (ANNA) and Ellington Financial Inc. (EFC) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and EFC?
On 3 years of weekly data the ANNA/EFC correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.38 lands near the 3-year figure. The 5-year figure is -0.19, and annualized covariance runs at -489.7 %².
Among the 103 assets we track against ANNA, EFC ranks #96 by 3-year correlation. The last year tells two different stories: EFC led by 45.0 percentage points, -34.3% for ANNA against +10.7% for EFC. Risk is not evenly split, since ANNA carries 4.7 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 EFC: side by side
| ANNA (AleAnna, Inc.) | EFC (Ellington Financial Inc.) | |
|---|---|---|
| 1-year return | -34.3% | +10.7% |
| 5-year return | -71.7% | +35.9% |
| Volatility (ann.) | 88.7% | 18.8% |
| Beta vs S&P 500 | -0.92 | 0.54 |
| Max drawdown (3Y) | -86.3% | -18.9% |
| Market cap | $0.1B | $1.8B |
| P/E (trailing) | 14.7 | 8.4 |
| Dividend yield | 0.00% | 11.59% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANNA | EFC |
|---|---|---|
| 2022 | – | -18.3% |
| 2023 | +7.3% | +18.2% |
| 2024 | -37.6% | +8.7% |
| 2025 | -57.6% | +26.1% |
| 2026 | -3.0% | +7.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and EFC good diversifiers for each other?
Yes. With a correlation of -0.29, ANNA and EFC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANNA and EFC?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.38 over the last year and -0.19 over 5 years.
Is EFC a good diversifier for ANNA?
Yes. With a correlation of -0.29, ANNA and EFC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.29 mean?
A reading of -0.29 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-efc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/anna-vs-efc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ANNA correlations · EFC correlations
