NAII vs TBBB: Correlation
Natural Alternatives International, Inc. (NAII) and BBB Foods Inc. Class A (TBBB) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NAII and TBBB?
Over the past 3 years, NAII and TBBB moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -504.1 %².
Out of 14 assets tracked against NAII, TBBB lands near the bottom at #13. The last year tells two different stories: TBBB led by 121.9 percentage points, -36.0% for NAII against +85.9% for TBBB.
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.
NAII vs TBBB: side by side
| NAII (Natural Alternatives International, Inc.) | TBBB (BBB Foods Inc. Class A) | |
|---|---|---|
| 1-year return | -36.0% | +85.9% |
| 5-year return | -85.1% | n/a |
| Volatility (ann.) | 49.2% | 41.8% |
| Beta vs S&P 500 | 0.09 | 0.96 |
| Max drawdown (3Y) | -71.7% | -29.6% |
| Market cap | – | $5.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NAII | TBBB |
|---|---|---|
| 2022 | -33.7% | – |
| 2023 | -22.2% | – |
| 2024 | -34.0% | – |
| 2025 | -16.9% | +18.1% |
| 2026 | -36.0% | +45.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NAII and TBBB good diversifiers for each other?
Yes. With a correlation of -0.23, NAII and TBBB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between NAII and TBBB?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.26 over the last year and n/a over 5 years.
Is TBBB a good diversifier for NAII?
Yes. With a correlation of -0.23, NAII and TBBB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/naii-vs-tbbb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/naii-vs-tbbb/)
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Related comparisons
Hubs: NAII correlations · TBBB correlations
