BMY vs LFMD: Correlation
Bristol Myers Squibb (BMY) and LifeMD, Inc. (LFMD) show a negative relationship: their 3-year correlation of weekly returns is -0.16.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMY and LFMD?
On 3 years of weekly data the BMY/LFMD correlation comes out at -0.16, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.18 over 1 year against -0.16 over 3. The 5-year figure is -0.07, and annualized covariance runs at -384.9 %².
Within BMY's tracked universe of 31 assets, LFMD comes in at #23 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BMY ahead by 96.4 points (+47.3% versus -49.1%). Risk is not evenly split, since LFMD carries 3.0 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.
BMY vs LFMD: side by side
| BMY (Bristol Myers Squibb) | LFMD (LifeMD, Inc.) | |
|---|---|---|
| 1-year return | +47.3% | -49.1% |
| 5-year return | +22.3% | -58.8% |
| Volatility (ann.) | 27.8% | 84.5% |
| Beta vs S&P 500 | 0.20 | 1.35 |
| Max drawdown (3Y) | -34.1% | -82.5% |
| Market cap | $136.8B | $0.2B |
| P/E (trailing) | 14.9 | – |
| Dividend yield | 3.71% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | BMY | LFMD |
|---|---|---|
| 2022 | +19.0% | -49.9% |
| 2023 | -26.1% | +327.3% |
| 2024 | +15.8% | -40.3% |
| 2025 | +0.1% | -31.1% |
| 2026 | +28.3% | -4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMY and LFMD good diversifiers for each other?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between BMY and LFMD?
As of 2026-08-27, the correlation of weekly returns between BMY and LFMD is -0.16 over 3 years, -0.18 over 1 year and -0.07 over 5 years.
Is LFMD a good diversifier for BMY?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
What does a correlation of -0.16 mean?
On the −1 to +1 scale, -0.16 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/bmy-vs-lfmd.json
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Related comparisons
Hubs: BMY correlations · LFMD correlations
