BMEZ vs INMB: Correlation
How closely do BlackRock Health Sciences Term Trust (BMEZ) and INmune Bio Inc. (INMB) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMEZ and INMB?
Over the past 3 years, BMEZ and INMB moved with a correlation of 0.37, which is moderate. Recent behaviour matches the longer record: 0.32 over 1 year against 0.37 over 3. Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 460.3 %².
Among the 23 assets we track against BMEZ, INMB sits near the bottom by co-movement, at rank #20. Over the last 12 months BMEZ came out ahead by 14.0 percentage points (+31.4% against +17.4%). Note the risk asymmetry: INMB runs 4.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BMEZ vs INMB: side by side
| BMEZ (BlackRock Health Sciences Term Trust) | INMB (INmune Bio Inc.) | |
|---|---|---|
| 1-year return | +31.4% | +17.4% |
| 5-year return | +0.9% | -89.4% |
| Volatility (ann.) | 16.5% | 76.1% |
| Beta vs S&P 500 | 0.63 | 1.33 |
| Max drawdown (3Y) | -18.3% | -92.0% |
| Market cap | $1.1B | $0.1B |
| P/E (trailing) | 6.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMEZ | INMB |
|---|---|---|
| 2022 | -32.7% | -37.8% |
| 2023 | +5.1% | +77.6% |
| 2024 | +9.5% | -58.5% |
| 2025 | +18.7% | -66.6% |
| 2026 | +20.6% | +53.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMEZ and INMB good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BMEZ and INMB?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.32 over the last year and 0.32 over 5 years.
Is INMB a good diversifier for BMEZ?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 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/bmez-vs-inmb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bmez-vs-inmb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BMEZ correlations · INMB correlations
