BTCS vs LLY: Correlation
How closely do BTCS Inc. (BTCS) and Lilly (Eli) (LLY) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTCS and LLY?
Over the past 3 years, BTCS and LLY moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.05 versus -0.21 over 3 years. Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -1226.2 %².
By 3-year correlation, LLY places #12 of the 20 assets tracked against BTCS. Correlation aside, the last 12 months split them widely, with LLY ahead by 123.5 points (-62.3% versus +61.2%). Risk is not evenly split, since BTCS carries 4.4 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.
BTCS vs LLY: side by side
| BTCS (BTCS Inc.) | LLY (Lilly (Eli)) | |
|---|---|---|
| 1-year return | -62.3% | +61.2% |
| 5-year return | -79.2% | +369.2% |
| Volatility (ann.) | 161.4% | 36.6% |
| Beta vs S&P 500 | 0.34 | 0.57 |
| Max drawdown (3Y) | -84.9% | -34.5% |
| Market cap | $0.1B | $1,048.8B |
| P/E (trailing) | – | 40.0 |
| Dividend yield | 0.00% | 0.54% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | BTCS | LLY |
|---|---|---|
| 2022 | -79.6% | +34.3% |
| 2023 | +158.7% | +60.9% |
| 2024 | +51.5% | +33.3% |
| 2025 | +8.1% | +40.2% |
| 2026 | -39.8% | +10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTCS and LLY good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BTCS and LLY?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with 0.05 over the last year and -0.16 over 5 years.
Is LLY a good diversifier for BTCS?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
A reading of -0.21 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/btcs-vs-lly.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/btcs-vs-lly/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BTCS correlations · LLY correlations
