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DNTH vs IMNM: Correlation

Measured on weekly returns over the past three years, Dianthus Therapeutics, Inc. (DNTH) and Immunome, Inc. (IMNM) carry a correlation of 0.43, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.43
moderate
Correlation (1Y)
0.05
last 12 months
Correlation (5Y)
0.34
long-run
Ann. covariance
2540.5
%² · weekly, annualized

How correlated are DNTH and IMNM?

On 3 years of weekly data the DNTH/IMNM correlation comes out at 0.43, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.05 versus 0.43 over 3 years. The 5-year figure is 0.34, and annualized covariance runs at 2540.5 %².

IMNM is one of the assets that tracks DNTH most closely: it ranks #2 out of the 10 assets we track against DNTH. The last year tells two different stories: DNTH led by 169.9 percentage points, +360.1% for DNTH against +190.2% for IMNM.

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.

DNTH vs IMNM: side by side

DNTH (Dianthus Therapeutics, Inc.)IMNM (Immunome, Inc.)
1-year return+360.1%+190.2%
5-year return+9.4%+102.5%
Volatility (ann.)78.1%75.1%
Beta vs S&P 5000.881.55
Max drawdown (3Y)-53.5%-79.7%
Market cap$6.2B$3.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: DNTH -53.5% vs -79.7%Higher 5y return: IMNM +102.5% vs +9.4%
-12%0%+338%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. DNTH · IMNM

Year-by-year returns

YearDNTHIMNM
2022-91.0%-82.9%
2023+62.5%+384.2%
2024+109.6%-0.7%
2025+89.0%+102.3%
2026+170.7%+34.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DNTH and IMNM good diversifiers for each other?

Reasonably. At 0.43, DNTH and IMNM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between DNTH and IMNM?

Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.05 over the last year and 0.34 over 5 years.

Is IMNM a good diversifier for DNTH?

Reasonably. At 0.43, DNTH and IMNM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.43 mean?

On the −1 to +1 scale, 0.43 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

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DNTH vs IMNM: 3-year weekly correlation 0.43DNTH vs IMNM0.43

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Related comparisons

Hubs: DNTH correlations · IMNM correlations