BDX vs HIMS: Correlation
Measured on weekly returns over the past three years, Becton Dickinson (BDX) and Hims & Hers Health, Inc. (HIMS) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BDX and HIMS?
Across a 3-year window, the weekly returns of BDX and HIMS correlate at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.15 lands near the 3-year figure. Stretching to 5 years gives -0.06, with an annualized covariance of -452.2 %².
Among the 28 assets we track against BDX, HIMS sits near the bottom by co-movement, at rank #25. The last year tells two different stories: BDX led by 53.6 percentage points, +25.5% for BDX against -28.1% for HIMS. Risk is not evenly split, since HIMS carries 4.1 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.
BDX vs HIMS: side by side
| BDX (Becton Dickinson) | HIMS (Hims & Hers Health, Inc.) | |
|---|---|---|
| 1-year return | +25.5% | -28.1% |
| 5-year return | +6.8% | +295.7% |
| Volatility (ann.) | 24.0% | 97.5% |
| Beta vs S&P 500 | 0.33 | 2.54 |
| Max drawdown (3Y) | -39.6% | -78.9% |
| Market cap | $51.2B | $7.4B |
| P/E (trailing) | 32.9 | – |
| Dividend yield | 2.20% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | BDX | HIMS |
|---|---|---|
| 2022 | +5.1% | -2.1% |
| 2023 | -2.7% | +38.8% |
| 2024 | -5.4% | +171.7% |
| 2025 | -12.6% | +34.3% |
| 2026 | +25.0% | -2.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BDX and HIMS good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BDX and HIMS?
The BDX/HIMS correlation stands at -0.19 on a 3-year window (1 year: -0.15, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is HIMS a good diversifier for BDX?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
A reading of -0.19 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
$ curl https://www.pairbook.io/api/v1/pairs/bdx-vs-hims.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bdx-vs-hims/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BDX correlations · HIMS correlations
