ANNA vs MKC: Correlation
How closely do AleAnna, Inc. (ANNA) and McCormick & Company (MKC) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and MKC?
Across a 3-year window, the weekly returns of ANNA and MKC correlate at -0.25, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.44) runs below the 3-year figure (-0.25). Stretching to 5 years gives -0.20, with an annualized covariance of -595.5 %².
Among the 103 assets we track against ANNA, MKC ranks #87 by 3-year correlation. On 12-month performance MKC holds a 14.0-point edge, -34.3% against -20.3%. One caveat on sizing: ANNA is 3.3 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 MKC: side by side
| ANNA (AleAnna, Inc.) | MKC (McCormick & Company) | |
|---|---|---|
| 1-year return | -34.3% | -20.3% |
| 5-year return | -71.7% | -28.5% |
| Volatility (ann.) | 88.7% | 26.5% |
| Beta vs S&P 500 | -0.92 | 0.24 |
| Max drawdown (3Y) | -86.3% | -44.3% |
| Market cap | $0.1B | $14.7B |
| P/E (trailing) | 14.7 | 9.2 |
| Dividend yield | 0.00% | 3.38% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | ANNA | MKC |
|---|---|---|
| 2022 | – | -12.7% |
| 2023 | +7.3% | -15.7% |
| 2024 | -37.6% | +14.0% |
| 2025 | -57.6% | -8.3% |
| 2026 | -3.0% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and MKC good diversifiers for each other?
Yes. With a correlation of -0.25, ANNA and MKC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANNA and MKC?
As of 2026-08-27, the correlation of weekly returns between ANNA and MKC is -0.25 over 3 years, -0.44 over 1 year and -0.20 over 5 years.
Is MKC a good diversifier for ANNA?
Yes. With a correlation of -0.25, ANNA and MKC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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-mkc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anna-vs-mkc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANNA correlations · MKC correlations
