BMEA vs GEF: Correlation
Measured on weekly returns over the past three years, Biomea Fusion, Inc. (BMEA) and Greif Inc. (GEF) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMEA and GEF?
Over the past 3 years, BMEA and GEF moved with a correlation of 0.40, which is moderate. The link has loosened recently: the 1-year correlation (0.28) runs below the 3-year figure (0.40). Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 1202.4 %².
Among the 12 assets we track against BMEA, GEF ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GEF outperformed by 42.6 percentage points (-9.7% for BMEA against +32.9% for GEF). One caveat on sizing: BMEA is 3.8 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.
BMEA vs GEF: side by side
| BMEA (Biomea Fusion, Inc.) | GEF (Greif Inc.) | |
|---|---|---|
| 1-year return | -9.7% | +32.9% |
| 5-year return | -87.8% | +58.9% |
| Volatility (ann.) | 106.6% | 27.9% |
| Beta vs S&P 500 | 1.56 | 0.71 |
| Max drawdown (3Y) | -95.2% | -30.8% |
| Market cap | $0.1B | $4.8B |
| P/E (trailing) | – | 34.9 |
| Dividend yield | 0.00% | 4.84% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMEA | GEF |
|---|---|---|
| 2022 | +13.2% | +14.5% |
| 2023 | +72.2% | +0.9% |
| 2024 | -73.3% | -3.6% |
| 2025 | -68.0% | +14.8% |
| 2026 | +35.5% | +27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMEA and GEF good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BMEA and GEF?
The BMEA/GEF correlation stands at 0.40 on a 3-year window (1 year: 0.28, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is GEF a good diversifier for BMEA?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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/bmea-vs-gef.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bmea-vs-gef/)
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Related comparisons
Hubs: BMEA correlations · GEF correlations
