ANTX vs IFS: Correlation
Measured on weekly returns over the past three years, AN2 Therapeutics, Inc. (ANTX) and Intercorp Financial Services Inc. (IFS) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANTX and IFS?
Over the past 3 years, ANTX and IFS moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -894.2 %².
By 3-year correlation, IFS places #25 of the 30 assets tracked against ANTX. The last year tells two different stories: ANTX led by 360.3 percentage points, +403.5% for ANTX against +43.2% for IFS. One caveat on sizing: ANTX is 4.3 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.
ANTX vs IFS: side by side
| ANTX (AN2 Therapeutics, Inc.) | IFS (Intercorp Financial Services Inc.) | |
|---|---|---|
| 1-year return | +403.5% | +43.2% |
| 5-year return | -62.7% | +212.7% |
| Volatility (ann.) | 131.4% | 30.7% |
| Beta vs S&P 500 | 0.22 | 0.52 |
| Max drawdown (3Y) | -95.4% | -26.8% |
| Market cap | $0.2B | $6.0B |
| P/E (trailing) | – | 10.0 |
| Dividend yield | 0.00% | 11.04% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANTX | IFS |
|---|---|---|
| 2022 | – | -5.4% |
| 2023 | +115.0% | -1.5% |
| 2024 | -93.3% | +39.9% |
| 2025 | -17.4% | +49.0% |
| 2026 | +403.5% | +33.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANTX and IFS good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between ANTX and IFS?
The ANTX/IFS correlation stands at -0.22 on a 3-year window (1 year: -0.20, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is IFS a good diversifier for ANTX?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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-ifs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/antx-vs-ifs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ANTX correlations · IFS correlations
