DSGR vs LNAI: Correlation
Distribution Solutions Group, Inc. (DSGR) and Lunai Bioworks Inc. (LNAI) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSGR and LNAI?
Over the past 3 years, DSGR and LNAI moved with a correlation of 0.37, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.37 over 3 years. Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 2871.4 %².
By 3-year correlation, LNAI places #7 of the 15 assets tracked against DSGR. Correlation aside, the last 12 months split them widely, with DSGR ahead by 94.9 points (+6.3% versus -88.6%). One caveat on sizing: LNAI is 3.7 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.
DSGR vs LNAI: side by side
| DSGR (Distribution Solutions Group, Inc.) | LNAI (Lunai Bioworks Inc.) | |
|---|---|---|
| 1-year return | +6.3% | -88.6% |
| 5-year return | +32.4% | -99.6% |
| Volatility (ann.) | 45.6% | 169.5% |
| Beta vs S&P 500 | 0.72 | 1.43 |
| Max drawdown (3Y) | -52.7% | -99.6% |
| Market cap | $1.6B | – |
| P/E (trailing) | 183.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSGR | LNAI |
|---|---|---|
| 2022 | -32.7% | -85.9% |
| 2023 | +71.2% | +207.8% |
| 2024 | +9.0% | -73.6% |
| 2025 | -20.4% | -89.4% |
| 2026 | +27.2% | -66.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSGR and LNAI good diversifiers for each other?
Reasonably. At 0.37, DSGR and LNAI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DSGR and LNAI?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.64 over the last year and 0.22 over 5 years.
Is LNAI a good diversifier for DSGR?
Reasonably. At 0.37, DSGR and LNAI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 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/dsgr-vs-lnai.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dsgr-vs-lnai/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DSGR correlations · LNAI correlations
