DTIL vs SANA: Correlation
Precision BioSciences, Inc. (DTIL) and Sana Biotechnology, Inc. (SANA) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTIL and SANA?
On 3 years of weekly data the DTIL/SANA correlation comes out at 0.48, moderate. The relationship has been stable: the 1-year correlation (0.40) sits close to the 3-year figure. The 5-year figure is 0.48, and annualized covariance runs at 4015.9 %².
Among the 10 assets we track against DTIL, SANA ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DTIL ahead by 46.3 points (+67.7% versus +21.4%). One caveat on sizing: SANA is 1.6 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.
DTIL vs SANA: side by side
| DTIL (Precision BioSciences, Inc.) | SANA (Sana Biotechnology, Inc.) | |
|---|---|---|
| 1-year return | +67.7% | +21.4% |
| 5-year return | -97.6% | -82.9% |
| Volatility (ann.) | 72.7% | 115.0% |
| Beta vs S&P 500 | 1.22 | 1.88 |
| Max drawdown (3Y) | -80.8% | -88.1% |
| Market cap | $0.2B | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DTIL | SANA |
|---|---|---|
| 2022 | -83.9% | -74.5% |
| 2023 | -69.3% | +3.3% |
| 2024 | -65.2% | -60.0% |
| 2025 | +9.2% | +149.7% |
| 2026 | +101.9% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTIL and SANA good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DTIL and SANA?
As of 2026-08-27, the correlation of weekly returns between DTIL and SANA is 0.48 over 3 years, 0.40 over 1 year and 0.48 over 5 years.
Is SANA a good diversifier for DTIL?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 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/dtil-vs-sana.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dtil-vs-sana/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DTIL correlations · SANA correlations
