ANTX vs GE: Correlation
Measured on weekly returns over the past three years, AN2 Therapeutics, Inc. (ANTX) and GE Aerospace (GE) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANTX and GE?
Over the past 3 years, ANTX and GE moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.29) than the 3-year average (-0.18). Over 5 years the correlation is -0.06, and the annualized covariance of weekly returns is -747.3 %².
Among the 30 assets we track against ANTX, GE ranks #18 by 3-year correlation. The last year tells two different stories: ANTX led by 377.5 percentage points, +403.5% for ANTX against +26.0% for GE. Note the risk asymmetry: ANTX runs 4.3 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.
ANTX vs GE: side by side
| ANTX (AN2 Therapeutics, Inc.) | GE (GE Aerospace) | |
|---|---|---|
| 1-year return | +403.5% | +26.0% |
| 5-year return | -62.7% | +435.6% |
| Volatility (ann.) | 131.4% | 30.9% |
| Beta vs S&P 500 | 0.22 | 1.24 |
| Max drawdown (3Y) | -95.4% | -21.4% |
| Market cap | $0.2B | $355.6B |
| P/E (trailing) | – | 41.8 |
| Dividend yield | 0.00% | 0.47% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | ANTX | GE |
|---|---|---|
| 2022 | – | -10.9% |
| 2023 | +115.0% | +95.7% |
| 2024 | -93.3% | +64.8% |
| 2025 | -17.4% | +85.7% |
| 2026 | +403.5% | +11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANTX and GE good diversifiers for each other?
Yes. With a correlation of -0.18, ANTX and GE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANTX and GE?
As of 2026-08-27, the correlation of weekly returns between ANTX and GE is -0.18 over 3 years, -0.29 over 1 year and -0.06 over 5 years.
Is GE a good diversifier for ANTX?
Yes. With a correlation of -0.18, ANTX and GE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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/antx-vs-ge.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/antx-vs-ge/)
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Related comparisons
Hubs: ANTX correlations · GE correlations
