ANVS vs POET: Correlation
Annovis Bio, Inc. (ANVS) and POET Technologies Inc. (POET) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANVS and POET?
Across a 3-year window, the weekly returns of ANVS and POET correlate at 0.36, moderate. The link has loosened recently: the 1-year correlation (-0.12) runs below the 3-year figure (0.36). Stretching to 5 years gives 0.30, with an annualized covariance of 7049.1 %².
By 3-year correlation, POET places #5 of the 10 assets tracked against ANVS. Their recent paths diverged sharply: over the last 12 months POET outperformed by 75.2 percentage points (-23.0% for ANVS against +52.2% for POET).
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.
ANVS vs POET: side by side
| ANVS (Annovis Bio, Inc.) | POET (POET Technologies Inc.) | |
|---|---|---|
| 1-year return | -23.0% | +52.2% |
| 5-year return | -95.0% | -3.6% |
| Volatility (ann.) | 130.1% | 150.2% |
| Beta vs S&P 500 | 2.62 | 2.33 |
| Max drawdown (3Y) | -93.8% | -80.1% |
| Market cap | $0.1B | $1.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANVS | POET |
|---|---|---|
| 2022 | -23.6% | -57.5% |
| 2023 | +39.2% | -68.9% |
| 2024 | -73.1% | +533.0% |
| 2025 | -31.2% | +6.4% |
| 2026 | -47.7% | +29.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANVS and POET good diversifiers for each other?
Reasonably. At 0.36, ANVS and POET keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ANVS and POET?
As of 2026-08-27, the correlation of weekly returns between ANVS and POET is 0.36 over 3 years, -0.12 over 1 year and 0.30 over 5 years.
Is POET a good diversifier for ANVS?
Reasonably. At 0.36, ANVS and POET keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/anvs-vs-poet.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anvs-vs-poet/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANVS correlations · POET correlations
