PairBook
HomeANNA › ANNA vs JHS

ANNA vs JHS: Correlation

AleAnna, Inc. (ANNA) and John Hancock Income Securities Trust (JHS) show a negative relationship: their 3-year correlation of weekly returns is -0.24.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.24
negative
Correlation (1Y)
-0.52
last 12 months
Correlation (5Y)
-0.16
long-run
Ann. covariance
-189.7
%² · weekly, annualized

How correlated are ANNA and JHS?

Across a 3-year window, the weekly returns of ANNA and JHS correlate at -0.24, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.52) than the 3-year average (-0.24). Stretching to 5 years gives -0.16, with an annualized covariance of -189.7 %².

Within ANNA's tracked universe of 103 assets, JHS comes in at #82 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months JHS outperformed by 34.1 percentage points (-34.3% for ANNA against -0.2% for JHS). Risk is not evenly split, since ANNA carries 9.9 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 JHS: side by side

ANNA (AleAnna, Inc.)JHS (John Hancock Income Securities Trust)
1-year return-34.3%-0.2%
5-year return-71.7%-10.6%
Volatility (ann.)88.7%9.0%
Beta vs S&P 500-0.920.23
Max drawdown (3Y)-86.3%-8.7%
Market cap$0.1B$0.1B
P/E (trailing)14.714.0
Dividend yield0.00%5.59%
Sector / categoryUS ListedUS Listed
Lower P/E: JHS 14.0 vs 14.7Higher yield: JHS 5.59% vs 0.00%Smaller drawdown: JHS -8.7% vs -86.3%Higher 5y return: JHS -10.6% vs -71.7%
-43%0%+102%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ANNA · JHS

Year-by-year returns

YearANNAJHS
2022-26.5%
2023+7.3%+6.1%
2024-37.6%+8.0%
2025-57.6%+10.2%
2026-3.0%-4.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ANNA and JHS good diversifiers for each other?

Yes. With a correlation of -0.24, ANNA and JHS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between ANNA and JHS?

Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.52 over the last year and -0.16 over 5 years.

Is JHS a good diversifier for ANNA?

Yes. With a correlation of -0.24, ANNA and JHS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.24 mean?

On the −1 to +1 scale, -0.24 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/anna-vs-jhs.json

ANNA vs JHS: 3-year weekly correlation -0.24ANNA vs JHS-0.24

Embed this badge (it refreshes with the data), with attribution:

[![ANNA vs JHS correlation](https://www.pairbook.io/api/v1/badge/anna-vs-jhs.svg)](https://www.pairbook.io/pair/anna-vs-jhs/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: ANNA correlations · JHS correlations