ANNA vs LADR: Correlation
How closely do AleAnna, Inc. (ANNA) and Ladder Capital Corp (LADR) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and LADR?
On 3 years of weekly data the ANNA/LADR correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.20 over 3. The 5-year figure is -0.13, and annualized covariance runs at -335.1 %².
By 3-year correlation, LADR places #55 of the 103 assets tracked against ANNA. Their recent paths diverged sharply: over the last 12 months LADR outperformed by 27.6 percentage points (-34.3% for ANNA against -6.7% for LADR). Note the risk asymmetry: ANNA runs 4.6 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 LADR: side by side
| ANNA (AleAnna, Inc.) | LADR (Ladder Capital Corp) | |
|---|---|---|
| 1-year return | -34.3% | -6.7% |
| 5-year return | -71.7% | +32.1% |
| Volatility (ann.) | 88.7% | 19.1% |
| Beta vs S&P 500 | -0.92 | 0.50 |
| Max drawdown (3Y) | -86.3% | -15.3% |
| Market cap | $0.1B | $1.2B |
| P/E (trailing) | 14.7 | 23.4 |
| Dividend yield | 0.00% | 9.33% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANNA | LADR |
|---|---|---|
| 2022 | – | -9.0% |
| 2023 | +7.3% | +25.2% |
| 2024 | -37.6% | +5.5% |
| 2025 | -57.6% | +6.7% |
| 2026 | -3.0% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and LADR good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ANNA and LADR?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.27 over the last year and -0.13 over 5 years.
Is LADR a good diversifier for ANNA?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/anna-vs-ladr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/anna-vs-ladr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANNA correlations · LADR correlations
