ANNA vs PSA: Correlation
Measured on weekly returns over the past three years, AleAnna, Inc. (ANNA) and Public Storage (PSA) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and PSA?
Over the past 3 years, ANNA and PSA moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.46) runs below the 3-year figure (-0.19). Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -386.0 %².
Among the 103 assets we track against ANNA, PSA ranks #48 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PSA ahead by 45.6 points (-34.3% versus +11.3%). Note the risk asymmetry: ANNA runs 3.9 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 PSA: side by side
| ANNA (AleAnna, Inc.) | PSA (Public Storage) | |
|---|---|---|
| 1-year return | -34.3% | +11.3% |
| 5-year return | -71.7% | +20.9% |
| Volatility (ann.) | 88.7% | 23.0% |
| Beta vs S&P 500 | -0.92 | 0.59 |
| Max drawdown (3Y) | -86.3% | -25.6% |
| Market cap | $0.1B | $58.1B |
| P/E (trailing) | 14.7 | 30.3 |
| Dividend yield | 0.00% | 3.78% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | ANNA | PSA |
|---|---|---|
| 2022 | – | -20.2% |
| 2023 | +7.3% | +13.6% |
| 2024 | -37.6% | +2.1% |
| 2025 | -57.6% | -9.7% |
| 2026 | -3.0% | +22.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and PSA good diversifiers for each other?
Yes. With a correlation of -0.19, ANNA and PSA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANNA and PSA?
As of 2026-08-27, the correlation of weekly returns between ANNA and PSA is -0.19 over 3 years, -0.46 over 1 year and -0.14 over 5 years.
Is PSA a good diversifier for ANNA?
Yes. With a correlation of -0.19, ANNA and PSA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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-psa.json
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Related comparisons
Hubs: ANNA correlations · PSA correlations
