BMEA vs BXP: Correlation
Biomea Fusion, Inc. (BMEA) and BXP, Inc. (BXP) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMEA and BXP?
Over the past 3 years, BMEA and BXP moved with a correlation of 0.42, which is moderate. The link has loosened recently: the 1-year correlation (0.24) runs below the 3-year figure (0.42). Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 1479.7 %².
In BMEA's tracked universe of 12 assets, BXP sits right near the top at #3. Over the last 12 months BXP came out ahead by 12.6 percentage points (-9.7% against +2.9%). Risk is not evenly split, since BMEA carries 3.2 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.
BMEA vs BXP: side by side
| BMEA (Biomea Fusion, Inc.) | BXP (BXP, Inc.) | |
|---|---|---|
| 1-year return | -9.7% | +2.9% |
| 5-year return | -87.8% | -18.9% |
| Volatility (ann.) | 106.6% | 33.1% |
| Beta vs S&P 500 | 1.56 | 1.02 |
| Max drawdown (3Y) | -95.2% | -39.0% |
| Market cap | $0.1B | $12.7B |
| P/E (trailing) | – | 37.8 |
| Dividend yield | 0.00% | 3.98% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | BMEA | BXP |
|---|---|---|
| 2022 | +13.2% | -38.6% |
| 2023 | +72.2% | +11.0% |
| 2024 | -73.3% | +12.3% |
| 2025 | -68.0% | -4.7% |
| 2026 | +35.5% | +6.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMEA and BXP good diversifiers for each other?
Reasonably. At 0.42, BMEA and BXP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BMEA and BXP?
As of 2026-08-27, the correlation of weekly returns between BMEA and BXP is 0.42 over 3 years, 0.24 over 1 year and 0.24 over 5 years.
Is BXP a good diversifier for BMEA?
Reasonably. At 0.42, BMEA and BXP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: BMEA correlations · BXP correlations
