NTLA vs RCKT: Correlation
How closely do Intellia Therapeutics, Inc. (NTLA) and Rocket Pharmaceuticals, Inc. (RCKT) 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 NTLA and RCKT?
Across a 3-year window, the weekly returns of NTLA and RCKT correlate at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.43) sits close to the 3-year figure. Stretching to 5 years gives 0.51, with an annualized covariance of 3203.9 %².
Within NTLA's tracked universe of 14 assets, RCKT comes in at #6 by 3-year correlation. On 12-month performance NTLA holds a 5.8-point edge, +14.8% against +9.0%.
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.
NTLA vs RCKT: side by side
| NTLA (Intellia Therapeutics, Inc.) | RCKT (Rocket Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +14.8% | +9.0% |
| 5-year return | -91.5% | -89.2% |
| Volatility (ann.) | 82.2% | 78.7% |
| Beta vs S&P 500 | 2.32 | 1.78 |
| Max drawdown (3Y) | -83.6% | -92.7% |
| Market cap | $1.8B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NTLA | RCKT |
|---|---|---|
| 2022 | -70.5% | -10.4% |
| 2023 | -12.6% | +53.1% |
| 2024 | -61.8% | -58.1% |
| 2025 | -22.9% | -72.1% |
| 2026 | +45.8% | +3.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NTLA and RCKT good diversifiers for each other?
Only partially. A correlation of 0.50 means NTLA and RCKT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between NTLA and RCKT?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.43 over the last year and 0.51 over 5 years.
Is RCKT a good diversifier for NTLA?
Only partially. A correlation of 0.50 means NTLA and RCKT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
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/ntla-vs-rckt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ntla-vs-rckt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NTLA correlations · RCKT correlations
