I agree with Julie. Genealogically--meaning in this case the paper trail only--the ancestors of full siblings will be identical. However, there is much to be gained by testing the DNA of siblings.
Biologically, any two full siblings will share, by our common DNA tests which report half-identical sharing regions, roughly 35% to 45% of their DNA. Per 23andMe, that sharing range is 38% to 61%.
Fifty percent sharing between siblings is what would be theoretically expected (not to confuse things, but all services other than 23andMe will report sibling sharing in percentages and centiMorgans as being about 37.5%, not 50%; an explanation is in this G2G post from three weeks ago). So, again theoretically, we can use a simple formula to estimate how much of the parents' total genomes is passed down based on the number of children they have: 1-0.5n where n is the total number of siblings. Running with that, we see--again as an estimate--that with two children, 25% of the parents' combined genomes will not have been passed down to the next generation. With three children, the uninherited DNA would be around 12.5%; four children, 6.25%; five children, 3.125%, and so on.
If everything divides up fairly evenly, you'd need 10 children to reach a 99.9% chance that both parents' DNA had been passed along. This is one of several factors that drives the drop-off, after 2nd cousins, that two more distant cousins will share any meaningful DNA, as Julie mentioned (see Amy Williams's handy chart here).
So even in a large nuclear family, there is usefulness in testing siblings. And this is also a reason for all those unfortunate YouTube videos where the uninformed try to get a ton of "likes" by revealing the positively shocking information that two siblings took a DNA test and show different admixtures in the list of countries they're "from."
