ANNA vs TDG: Correlation
AleAnna, Inc. (ANNA) and TransDigm Group (TDG) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and TDG?
Across a 3-year window, the weekly returns of ANNA and TDG correlate at -0.17, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.35) than the 3-year average (-0.17). Stretching to 5 years gives -0.13, with an annualized covariance of -388.4 %².
Within ANNA's tracked universe of 103 assets, TDG comes in at #33 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TDG outperformed by 25.2 percentage points (-34.3% for ANNA against -9.1% for TDG). Risk is not evenly split, since ANNA carries 3.5 times the volatility of the other side.
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 TDG: side by side
| ANNA (AleAnna, Inc.) | TDG (TransDigm Group) | |
|---|---|---|
| 1-year return | -34.3% | -9.1% |
| 5-year return | -71.7% | +136.5% |
| Volatility (ann.) | 88.7% | 25.5% |
| Beta vs S&P 500 | -0.92 | 0.91 |
| Max drawdown (3Y) | -86.3% | -25.3% |
| Market cap | $0.1B | $65.6B |
| P/E (trailing) | 14.7 | 36.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | ANNA | TDG |
|---|---|---|
| 2022 | – | +1.8% |
| 2023 | +7.3% | +66.6% |
| 2024 | -37.6% | +32.3% |
| 2025 | -57.6% | +12.2% |
| 2026 | -3.0% | -10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and TDG good diversifiers for each other?
Yes. With a correlation of -0.17, ANNA and TDG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANNA and TDG?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.35 over the last year and -0.13 over 5 years.
Is TDG a good diversifier for ANNA?
Yes. With a correlation of -0.17, ANNA and TDG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
A reading of -0.17 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/anna-vs-tdg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/anna-vs-tdg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANNA correlations · TDG correlations
