EDIT vs. BLUE
EDIT (Editas Medicine, Inc.) and BLUE (bluebird bio, Inc.) are both stocks. Both operate in the Biotechnology industry within the Healthcare sector. At a 0.45 correlation, their price movements are largely independent.
Performance
EDIT vs. BLUE - Performance Comparison
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Returns By Period
EDIT
- 1D
- -1.42%
- 1M
- -7.33%
- YTD
- 35.61%
- 6M
- 17.55%
- 1Y
- 52.75%
- 3Y*
- -34.00%
- 5Y*
- -39.28%
- 10Y*
- -22.08%
BLUE
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EDIT vs. BLUE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDIT Editas Medicine, Inc. | 35.61% | 61.42% | -87.46% | 14.21% | -66.59% | -62.13% | 136.78% | 30.15% | -25.97% | 89.34% |
BLUE bluebird bio, Inc. | 0.00% | -40.41% | -69.78% | -80.06% | -30.73% | -64.35% | -50.69% | -11.54% | -44.30% | 188.65% |
Correlation
The correlation between EDIT and BLUE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 2016 | 0.45 |
The correlation between EDIT and BLUE shifts across timeframes, from 0.36 (3 years) to 0.47 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
EDIT:
$35.86M
BLUE:
$103.95M
EDIT:
$35.86M
BLUE:
$28.19M
EDIT:
-$76.66M
BLUE:
-$115.82M
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Return for Risk
EDIT vs. BLUE — Risk / Return Rank
EDIT
BLUE
EDIT vs. BLUE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Editas Medicine, Inc. (EDIT) and bluebird bio, Inc. (BLUE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| EDIT | BLUE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.56 | — | — |
Sortino ratioReturn per unit of downside risk | 1.50 | — | — |
Omega ratioGain probability vs. loss probability | 1.17 | — | — |
Calmar ratioReturn relative to maximum drawdown | 0.89 | — | — |
Martin ratioReturn relative to average drawdown | 1.58 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EDIT | BLUE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.42 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.20 | — | — |
Drawdowns
EDIT vs. BLUE - Drawdown Comparison
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Drawdown Indicators
| EDIT | BLUE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.92% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -59.88% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -91.46% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -98.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -98.92% | — | — |
Current DrawdownCurrent decline from peak | -96.93% | — | — |
Average DrawdownAverage peak-to-trough decline | -62.56% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.47% | — | — |
Volatility
EDIT vs. BLUE - Volatility Comparison
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Volatility by Period
| EDIT | BLUE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.18% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 61.46% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 94.33% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.99% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.75% | — | — |
Dividends
EDIT vs. BLUE - Dividend Comparison
Neither EDIT nor BLUE has paid dividends to shareholders.
Financials
EDIT vs. BLUE - Financials Comparison
This section allows you to compare key financial metrics between Editas Medicine, Inc. and bluebird bio, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
EDIT and BLUE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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