ANTX vs WLYB: Correlation
AN2 Therapeutics, Inc. (ANTX) and John Wiley & Sons, Inc. (WLYB) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANTX and WLYB?
Over the past 3 years, ANTX and WLYB moved with a correlation of 0.30, which is moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.30 over 3. Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 1455.6 %².
By 3-year correlation, WLYB places #14 of the 30 assets tracked against ANTX. The last year tells two different stories: ANTX led by 362.6 percentage points, +403.5% for ANTX against +40.9% for WLYB. One caveat on sizing: ANTX is 3.5 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 WLYB: side by side
| ANTX (AN2 Therapeutics, Inc.) | WLYB (John Wiley & Sons, Inc.) | |
|---|---|---|
| 1-year return | +403.5% | +40.9% |
| 5-year return | -62.7% | +10.5% |
| Volatility (ann.) | 131.4% | 37.4% |
| Beta vs S&P 500 | 0.22 | 0.31 |
| Max drawdown (3Y) | -95.4% | -41.5% |
| Market cap | $0.2B | $2.8B |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 0.00% | 2.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANTX | WLYB |
|---|---|---|
| 2022 | – | -27.5% |
| 2023 | +115.0% | -14.7% |
| 2024 | -93.3% | +41.5% |
| 2025 | -17.4% | -27.3% |
| 2026 | +403.5% | +78.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANTX and WLYB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ANTX and WLYB?
As of 2026-08-27, the correlation of weekly returns between ANTX and WLYB is 0.30 over 3 years, 0.37 over 1 year and 0.26 over 5 years.
Is WLYB a good diversifier for ANTX?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 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.
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Related comparisons
Hubs: ANTX correlations · WLYB correlations
