GILD vs HTCO: Correlation
How closely do Gilead Sciences (GILD) and High-Trend International Group - Class A (HTCO) 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 GILD and HTCO?
Over the past 3 years, GILD and HTCO moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.11 lands near the 3-year figure. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -733.7 %².
HTCO is close to the least connected end of GILD's tracked universe, ranking #26 of 30. The last year tells two different stories: GILD led by 111.9 percentage points, +34.1% for GILD against -77.8% for HTCO. One caveat on sizing: HTCO is 6.0 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.
GILD vs HTCO: side by side
| GILD (Gilead Sciences) | HTCO (High-Trend International Group - Class A) | |
|---|---|---|
| 1-year return | +34.1% | -77.8% |
| 5-year return | +148.1% | -98.9% |
| Volatility (ann.) | 24.1% | 143.5% |
| Beta vs S&P 500 | 0.33 | -0.60 |
| Max drawdown (3Y) | -26.6% | -97.5% |
| Market cap | $184.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 2.17% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | GILD | HTCO |
|---|---|---|
| 2022 | +23.6% | -87.1% |
| 2023 | -2.0% | -63.0% |
| 2024 | +18.7% | +608.5% |
| 2025 | +36.6% | -89.9% |
| 2026 | +22.8% | -69.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GILD and HTCO good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between GILD and HTCO?
As of 2026-08-27, the correlation of weekly returns between GILD and HTCO is -0.21 over 3 years, -0.11 over 1 year and -0.15 over 5 years.
Is HTCO a good diversifier for GILD?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/gild-vs-htco.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gild-vs-htco/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GILD correlations · HTCO correlations
