ANRO vs BENF: Correlation
Alto Neuroscience, Inc. (ANRO) and Beneficient (BENF) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANRO and BENF?
Over the past 3 years, ANRO and BENF moved with a correlation of 0.35, which is moderate. The link has tightened recently: the 1-year correlation (0.75) runs above the 3-year figure (0.35). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 7298.4 %².
By 3-year correlation, BENF places #9 of the 16 assets tracked against ANRO. Correlation aside, the last 12 months split them widely, with ANRO ahead by 804.0 points (+781.1% versus -22.9%). One caveat on sizing: BENF is 1.6 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.
ANRO vs BENF: side by side
| ANRO (Alto Neuroscience, Inc.) | BENF (Beneficient) | |
|---|---|---|
| 1-year return | +781.1% | -22.9% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 113.2% | 176.6% |
| Beta vs S&P 500 | 1.90 | 1.25 |
| Max drawdown (3Y) | -91.7% | -99.9% |
| Market cap | $1.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANRO | BENF |
|---|---|---|
| 2022 | – | +3.7% |
| 2023 | – | -95.3% |
| 2024 | – | -98.1% |
| 2025 | +320.8% | +18.0% |
| 2026 | +103.9% | -69.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANRO and BENF good diversifiers for each other?
Reasonably. At 0.35, ANRO and BENF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ANRO and BENF?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.75 over the last year and n/a over 5 years.
Is BENF a good diversifier for ANRO?
Reasonably. At 0.35, ANRO and BENF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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/anro-vs-benf.json
Markdown for the live badge, attribution link included:
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Related comparisons
Hubs: ANRO correlations · BENF correlations
