BDX vs LFMD: Correlation
Becton Dickinson (BDX) and LifeMD, Inc. (LFMD) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BDX and LFMD?
On 3 years of weekly data the BDX/LFMD correlation comes out 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. The 5-year figure is -0.01, and annualized covariance runs at -379.8 %².
Among the 28 assets we track against BDX, LFMD sits near the bottom by co-movement, at rank #26. The last year tells two different stories: BDX led by 74.6 percentage points, +25.5% for BDX against -49.1% for LFMD. One caveat on sizing: LFMD is 3.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 LFMD: side by side
| BDX (Becton Dickinson) | LFMD (LifeMD, Inc.) | |
|---|---|---|
| 1-year return | +25.5% | -49.1% |
| 5-year return | +6.8% | -58.8% |
| Volatility (ann.) | 24.0% | 84.5% |
| Beta vs S&P 500 | 0.33 | 1.35 |
| Max drawdown (3Y) | -39.6% | -82.5% |
| Market cap | $51.2B | $0.2B |
| P/E (trailing) | 32.9 | – |
| Dividend yield | 2.20% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | BDX | LFMD |
|---|---|---|
| 2022 | +5.1% | -49.9% |
| 2023 | -2.7% | +327.3% |
| 2024 | -5.4% | -40.3% |
| 2025 | -12.6% | -31.1% |
| 2026 | +25.0% | -4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BDX and LFMD good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between BDX and LFMD?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.15 over the last year and -0.01 over 5 years.
Is LFMD a good diversifier for BDX?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
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-lfmd.json
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[](https://www.pairbook.io/pair/bdx-vs-lfmd/)
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Related comparisons
Hubs: BDX correlations · LFMD correlations
