SANA vs UNF: Correlation
How closely do Sana Biotechnology, Inc. (SANA) and Unifirst Corporation (UNF) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SANA and UNF?
Across a 3-year window, the weekly returns of SANA and UNF correlate at 0.38, moderate. The past 12 months show a weaker link (0.06) than the 3-year average (0.38). Stretching to 5 years gives 0.35, with an annualized covariance of 1487.0 %².
Among the 18 assets we track against SANA, UNF ranks #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months UNF outperformed by 40.9 percentage points (+21.4% for SANA against +62.3% for UNF). Risk is not evenly split, since SANA carries 3.4 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.
SANA vs UNF: side by side
| SANA (Sana Biotechnology, Inc.) | UNF (Unifirst Corporation) | |
|---|---|---|
| 1-year return | +21.4% | +62.3% |
| 5-year return | -82.9% | +28.9% |
| Volatility (ann.) | 115.0% | 33.8% |
| Beta vs S&P 500 | 1.88 | 0.52 |
| Max drawdown (3Y) | -88.1% | -34.6% |
| Market cap | $1.2B | $5.2B |
| P/E (trailing) | – | 45.4 |
| Dividend yield | 0.00% | 0.50% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SANA | UNF |
|---|---|---|
| 2022 | -74.5% | -7.6% |
| 2023 | +3.3% | -4.6% |
| 2024 | -60.0% | -5.7% |
| 2025 | +149.7% | +13.6% |
| 2026 | +0.5% | +48.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SANA and UNF good diversifiers for each other?
Reasonably. At 0.38, SANA and UNF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between SANA and UNF?
The SANA/UNF correlation stands at 0.38 on a 3-year window (1 year: 0.06, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is UNF a good diversifier for SANA?
Reasonably. At 0.38, SANA and UNF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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
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Related comparisons
Hubs: SANA correlations · UNF correlations
