NNE vs TIL: Correlation
How closely do Nano Nuclear Energy Inc. (NNE) and Instil Bio, Inc. (TIL) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NNE and TIL?
Across a 3-year window, the weekly returns of NNE and TIL correlate at 0.50, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.11 versus 0.50 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 25854.2 %².
Among the 18 assets we track against NNE, TIL ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with NNE ahead by 30.4 points (-41.5% versus -71.9%). Risk is not evenly split, since TIL carries 1.9 times the volatility of the other side.
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.
NNE vs TIL: side by side
| NNE (Nano Nuclear Energy Inc.) | TIL (Instil Bio, Inc.) | |
|---|---|---|
| 1-year return | -41.5% | -71.9% |
| 5-year return | n/a | -97.9% |
| Volatility (ann.) | 155.1% | 296.1% |
| Beta vs S&P 500 | 4.18 | 3.91 |
| Max drawdown (3Y) | -77.7% | -92.1% |
| Market cap | $1.0B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NNE | TIL |
|---|---|---|
| 2022 | – | -96.3% |
| 2023 | – | -39.5% |
| 2024 | – | +150.5% |
| 2025 | -3.6% | -42.4% |
| 2026 | -19.9% | -28.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NNE and TIL good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between NNE and TIL?
The NNE/TIL correlation stands at 0.50 on a 3-year window (1 year: -0.11, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TIL a good diversifier for NNE?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
A reading of 0.50 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/nne-vs-til.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nne-vs-til/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NNE correlations · TIL correlations
