ABBV vs VRTX: Correlation
Measured on weekly returns over the past three years, AbbVie (ABBV) and Vertex Pharmaceuticals (VRTX) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABBV and VRTX?
On 3 years of weekly data the ABBV/VRTX correlation comes out at 0.36, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.48 versus 0.36 over 3 years. The 5-year figure is 0.34, and annualized covariance runs at 286.8 %².
Among the 34 assets we track against ABBV, VRTX ranks #19 by 3-year correlation. The trailing year gives VRTX the advantage: +27.9% versus +40.7%, a 12.8-point spread. Across three years, the rolling one-year figure varied moderately, from 0.05 to 0.47.
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.
ABBV vs VRTX: side by side
| ABBV (AbbVie) | VRTX (Vertex Pharmaceuticals) | |
|---|---|---|
| 1-year return | +27.9% | +40.7% |
| 5-year return | +157.2% | +174.5% |
| Volatility (ann.) | 26.4% | 30.3% |
| Beta vs S&P 500 | 0.08 | 0.55 |
| Max drawdown (3Y) | -20.7% | -29.1% |
| Market cap | $456.2B | $138.8B |
| P/E (trailing) | 74.0 | 31.9 |
| Dividend yield | 2.60% | 0.00% |
| Sector / category | Health Care | Health Care |
Year-by-year returns
| Year | ABBV | VRTX |
|---|---|---|
| 2022 | +24.0% | +31.5% |
| 2023 | -0.2% | +40.9% |
| 2024 | +18.9% | -1.0% |
| 2025 | +33.1% | +12.6% |
| 2026 | +15.7% | +20.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABBV and VRTX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ABBV and VRTX?
As of 2026-08-27, the correlation of weekly returns between ABBV and VRTX is 0.36 over 3 years, 0.48 over 1 year and 0.34 over 5 years.
Is VRTX a good diversifier for ABBV?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/abbv-vs-vrtx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abbv-vs-vrtx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABBV correlations · VRTX correlations
