BMRN vs LLY: Correlation
Measured on weekly returns over the past three years, BioMarin Pharmaceutical Inc. (BMRN) and Lilly (Eli) (LLY) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMRN and LLY?
On 3 years of weekly data the BMRN/LLY correlation comes out at 0.39, moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. The 5-year figure is 0.34, and annualized covariance runs at 405.2 %².
By 3-year correlation, LLY places #4 of the 12 assets tracked against BMRN. The last year tells two different stories: LLY led by 49.9 percentage points, +11.3% for BMRN against +61.2% for LLY.
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.
BMRN vs LLY: side by side
| BMRN (BioMarin Pharmaceutical Inc.) | LLY (Lilly (Eli)) | |
|---|---|---|
| 1-year return | +11.3% | +61.2% |
| 5-year return | -21.6% | +369.2% |
| Volatility (ann.) | 28.1% | 36.6% |
| Beta vs S&P 500 | 0.46 | 0.57 |
| Max drawdown (3Y) | -49.8% | -34.5% |
| Market cap | $12.6B | $1,048.8B |
| P/E (trailing) | 176.5 | 40.0 |
| Dividend yield | 0.00% | 0.54% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | BMRN | LLY |
|---|---|---|
| 2022 | +17.1% | +34.3% |
| 2023 | -6.8% | +60.9% |
| 2024 | -31.8% | +33.3% |
| 2025 | -9.6% | +40.2% |
| 2026 | +9.9% | +10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMRN and LLY good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BMRN and LLY?
The BMRN/LLY correlation stands at 0.39 on a 3-year window (1 year: 0.37, 5 years: 0.34), computed from weekly returns as of 2026-08-27.
Is LLY a good diversifier for BMRN?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
A reading of 0.39 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/bmrn-vs-lly.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bmrn-vs-lly/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BMRN correlations · LLY correlations
