RKTO vs SANA: Correlation
How closely do Rocket One Inc. (RKTO) and Sana Biotechnology, Inc. (SANA) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RKTO and SANA?
Across a 3-year window, the weekly returns of RKTO and SANA correlate at 0.51, moderate. The past 12 months show a weaker link (0.13) than the 3-year average (0.51). Stretching to 5 years gives 0.40, with an annualized covariance of 7949.2 %².
Among the 30 assets we track against RKTO, SANA ranks #4 by 3-year correlation. The last year tells two different stories: SANA led by 61.7 percentage points, -40.3% for RKTO against +21.4% for SANA.
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.
RKTO vs SANA: side by side
| RKTO (Rocket One Inc.) | SANA (Sana Biotechnology, Inc.) | |
|---|---|---|
| 1-year return | -40.3% | +21.4% |
| 5-year return | -97.7% | -82.9% |
| Volatility (ann.) | 135.8% | 115.0% |
| Beta vs S&P 500 | 0.30 | 1.88 |
| Max drawdown (3Y) | -81.1% | -88.1% |
| Market cap | – | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RKTO | SANA |
|---|---|---|
| 2022 | -52.7% | -74.5% |
| 2023 | -81.5% | +3.3% |
| 2024 | -48.1% | -60.0% |
| 2025 | +32.4% | +149.7% |
| 2026 | -27.1% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RKTO and SANA good diversifiers for each other?
Only partially. A correlation of 0.51 means RKTO and SANA 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 RKTO and SANA?
The RKTO/SANA correlation stands at 0.51 on a 3-year window (1 year: 0.13, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is SANA a good diversifier for RKTO?
Only partially. A correlation of 0.51 means RKTO and SANA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 mean?
On the −1 to +1 scale, 0.51 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
$ curl https://www.pairbook.io/api/v1/pairs/rkto-vs-sana.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rkto-vs-sana/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RKTO correlations · SANA correlations
