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S vs TENB: Correlation

How closely do SentinelOne, Inc. (S) and Tenable Holdings, Inc. (TENB) trade together? Their weekly returns over three years give a correlation of 0.59, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.59
moderate
Correlation (1Y)
0.73
last 12 months
Correlation (5Y)
0.57
long-run
Ann. covariance
1180.9
%² · weekly, annualized

How correlated are S and TENB?

Across a 3-year window, the weekly returns of S and TENB correlate at 0.59, moderate. The past 12 months show a tighter link (0.73) than the 3-year average (0.59). Stretching to 5 years gives 0.57, with an annualized covariance of 1180.9 %².

Within S's tracked universe of 18 assets, TENB comes in at #4 by 3-year correlation. Over the last 12 months S came out ahead by 9.4 percentage points (+32.4% against +23.0%).

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.

S vs TENB: side by side

S (SentinelOne, Inc.)TENB (Tenable Holdings, Inc.)
1-year return+32.4%+23.0%
5-year return-65.2%-16.1%
Volatility (ann.)48.4%41.5%
Beta vs S&P 5001.431.04
Max drawdown (3Y)-60.2%-69.1%
Market cap$7.8B$4.1B
P/E (trailing)537.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: S -60.2% vs -69.1%Higher 5y return: TENB -16.1% vs -65.2%
-48%0%+28%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. S · TENB

Year-by-year returns

YearSTENB
2022-71.1%-30.7%
2023+88.1%+20.7%
2024-19.1%-14.5%
2025-32.4%-40.2%
2026+51.4%+59.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are S and TENB good diversifiers for each other?

To a limited degree. At 0.59 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 S and TENB?

Using weekly returns as of 2026-08-27: 0.59 over 3 years, with 0.73 over the last year and 0.57 over 5 years.

Is TENB a good diversifier for S?

To a limited degree. At 0.59 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 0.59 mean?

A reading of 0.59 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/s-vs-tenb.json

S vs TENB: 3-year weekly correlation 0.59S vs TENB0.59

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Related comparisons

Hubs: S correlations · TENB correlations