ANNA vs NXRT: Correlation
AleAnna, Inc. (ANNA) and NexPoint Residential Trust, Inc. (NXRT) 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
How correlated are ANNA and NXRT?
Across a 3-year window, the weekly returns of ANNA and NXRT correlate at -0.24, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.47) runs below the 3-year figure (-0.24). Stretching to 5 years gives -0.17, with an annualized covariance of -608.7 %².
Among the 103 assets we track against ANNA, NXRT ranks #84 by 3-year correlation. On 12-month performance NXRT holds a 9.4-point edge, -34.3% against -24.9%. Note the risk asymmetry: ANNA runs 3.0 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 NXRT: side by side
| ANNA (AleAnna, Inc.) | NXRT (NexPoint Residential Trust, Inc.) | |
|---|---|---|
| 1-year return | -34.3% | -24.9% |
| 5-year return | -71.7% | -54.1% |
| Volatility (ann.) | 88.7% | 29.2% |
| Beta vs S&P 500 | -0.92 | 0.83 |
| Max drawdown (3Y) | -86.3% | -45.0% |
| Market cap | $0.1B | $1.2B |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 8.67% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANNA | NXRT |
|---|---|---|
| 2022 | – | -46.7% |
| 2023 | +7.3% | -17.3% |
| 2024 | -37.6% | +27.3% |
| 2025 | -57.6% | -23.3% |
| 2026 | -3.0% | -18.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and NXRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between ANNA and NXRT?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.47 over the last year and -0.17 over 5 years.
Is NXRT a good diversifier for ANNA?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
A reading of -0.24 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ANNA correlations · NXRT correlations
