ANNA vs VWO: Correlation
Measured on weekly returns over the past three years, AleAnna, Inc. (ANNA) and Vanguard FTSE Emerging Markets ETF (VWO) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and VWO?
Over the past 3 years, ANNA and VWO moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.51) than the 3-year average (-0.21). Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -282.3 %².
Among the 103 assets we track against ANNA, VWO ranks #63 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VWO outperformed by 55.9 percentage points (-34.3% for ANNA against +21.6% for VWO). One caveat on sizing: ANNA is 5.8 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 VWO: side by side
| ANNA (AleAnna, Inc.) | VWO (Vanguard FTSE Emerging Markets ETF) | |
|---|---|---|
| 1-year return | -34.3% | +21.6% |
| 5-year return | -71.7% | +38.2% |
| Volatility (ann.) | 88.7% | 15.2% |
| Beta vs S&P 500 | -0.92 | 0.75 |
| Max drawdown (3Y) | -86.3% | -17.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 2.36% |
| Expense ratio | – | 0.06% |
| Assets under management | – | $162.0B |
| Sector / category | US Listed | ETF · International |
On the fund side, VWO sits in the Diversified Emerging Mkts category at Vanguard, with $162.0B under management, 4113 holdings, a 0.06% expense ratio, a 2.36% trailing dividend yield.
Year-by-year returns
| Year | ANNA | VWO |
|---|---|---|
| 2022 | – | -18.0% |
| 2023 | +7.3% | +9.3% |
| 2024 | -37.6% | +10.6% |
| 2025 | -57.6% | +25.6% |
| 2026 | -3.0% | +13.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and VWO good diversifiers for each other?
Yes. With a correlation of -0.21, ANNA and VWO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANNA and VWO?
The ANNA/VWO correlation stands at -0.21 on a 3-year window (1 year: -0.51, 5 years: -0.16), computed from weekly returns as of 2026-08-27.
Is VWO a good diversifier for ANNA?
Yes. With a correlation of -0.21, ANNA and VWO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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-vwo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anna-vs-vwo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ANNA correlations · VWO correlations
