GILD vs JNJ: Correlation
Gilead Sciences (GILD) and Johnson & Johnson (JNJ) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GILD and JNJ?
On 3 years of weekly data the GILD/JNJ correlation comes out at 0.43, moderate. The relationship has been stable: the 1-year correlation (0.36) sits close to the 3-year figure. The 5-year figure is 0.42, and annualized covariance runs at 190.9 %².
Within GILD's tracked universe of 30 assets, JNJ comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with JNJ ahead by 19.6 points (+34.1% versus +53.7%). On a rolling one-year basis the correlation drifted between 0.35 and 0.61, a moderate band.
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 JNJ: side by side
| GILD (Gilead Sciences) | JNJ (Johnson & Johnson) | |
|---|---|---|
| 1-year return | +34.1% | +53.7% |
| 5-year return | +148.1% | +76.0% |
| Volatility (ann.) | 24.1% | 18.5% |
| Beta vs S&P 500 | 0.33 | 0.05 |
| Max drawdown (3Y) | -26.6% | -14.4% |
| Market cap | $184.6B | $640.5B |
| P/E (trailing) | – | 30.9 |
| Dividend yield | 2.17% | 1.94% |
| Sector / category | Health Care | Health Care |
Year-by-year returns
| Year | GILD | JNJ |
|---|---|---|
| 2022 | +23.6% | +6.0% |
| 2023 | -2.0% | -8.6% |
| 2024 | +18.7% | -4.8% |
| 2025 | +36.6% | +47.5% |
| 2026 | +22.8% | +30.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GILD and JNJ good diversifiers for each other?
Reasonably. At 0.43, GILD and JNJ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GILD and JNJ?
As of 2026-08-27, the correlation of weekly returns between GILD and JNJ is 0.43 over 3 years, 0.36 over 1 year and 0.42 over 5 years.
Is JNJ a good diversifier for GILD?
Reasonably. At 0.43, GILD and JNJ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/gild-vs-jnj.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gild-vs-jnj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GILD correlations · JNJ correlations
