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ANNA vs LNG: Correlation

AleAnna, Inc. (ANNA) and Cheniere Energy, Inc. (LNG) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.

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

Correlation (3Y)
0.38
moderate
Correlation (1Y)
0.66
last 12 months
Correlation (5Y)
0.29
long-run
Ann. covariance
955.5
%² · weekly, annualized

How correlated are ANNA and LNG?

Across a 3-year window, the weekly returns of ANNA and LNG correlate at 0.38, moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.38). Stretching to 5 years gives 0.29, with an annualized covariance of 955.5 %².

In ANNA's tracked universe of 103 assets, LNG sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months LNG outperformed by 51.7 percentage points (-34.3% for ANNA against +17.4% for LNG). Note the risk asymmetry: ANNA runs 3.1 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 LNG: side by side

ANNA (AleAnna, Inc.)LNG (Cheniere Energy, Inc.)
1-year return-34.3%+17.4%
5-year return-71.7%+231.8%
Volatility (ann.)88.7%28.3%
Beta vs S&P 500-0.920.13
Max drawdown (3Y)-86.3%-24.9%
Market cap$0.1B$58.0B
P/E (trailing)14.721.5
Dividend yield0.00%0.78%
Sector / categoryUS ListedUS Listed
Lower P/E: ANNA 14.7 vs 21.5Higher yield: LNG 0.78% vs 0.00%Smaller drawdown: LNG -24.9% vs -86.3%Higher 5y return: LNG +231.8% 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 · LNG

Year-by-year returns

YearANNALNG
2022+49.3%
2023+7.3%+15.0%
2024-37.6%+27.2%
2025-57.6%-8.7%
2026-3.0%+45.5%

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

Are ANNA and LNG good diversifiers for each other?

A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ANNA and LNG?

The ANNA/LNG correlation stands at 0.38 on a 3-year window (1 year: 0.66, 5 years: 0.29), computed from weekly returns as of 2026-08-27.

Is LNG a good diversifier for ANNA?

A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.38 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

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ANNA vs LNG: 3-year weekly correlation 0.38ANNA vs LNG0.38

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Related comparisons

Hubs: ANNA correlations · LNG correlations