HIMS vs LFMD: Correlation
Measured on weekly returns over the past three years, Hims & Hers Health, Inc. (HIMS) and LifeMD, Inc. (LFMD) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HIMS and LFMD?
On 3 years of weekly data the HIMS/LFMD correlation comes out at 0.49, moderate. The past 12 months show a tighter link (0.60) than the 3-year average (0.49). The 5-year figure is 0.42, and annualized covariance runs at 4040.4 %².
In HIMS's tracked universe of 14 assets, LFMD sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months HIMS outperformed by 21.0 percentage points (-28.1% for HIMS against -49.1% for LFMD).
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.
HIMS vs LFMD: side by side
| HIMS (Hims & Hers Health, Inc.) | LFMD (LifeMD, Inc.) | |
|---|---|---|
| 1-year return | -28.1% | -49.1% |
| 5-year return | +295.7% | -58.8% |
| Volatility (ann.) | 97.5% | 84.5% |
| Beta vs S&P 500 | 2.54 | 1.35 |
| Max drawdown (3Y) | -78.9% | -82.5% |
| Market cap | $7.4B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HIMS | LFMD |
|---|---|---|
| 2022 | -2.1% | -49.9% |
| 2023 | +38.8% | +327.3% |
| 2024 | +171.7% | -40.3% |
| 2025 | +34.3% | -31.1% |
| 2026 | -2.5% | -4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HIMS and LFMD good diversifiers for each other?
Reasonably. At 0.49, HIMS and LFMD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HIMS and LFMD?
The HIMS/LFMD correlation stands at 0.49 on a 3-year window (1 year: 0.60, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is LFMD a good diversifier for HIMS?
Reasonably. At 0.49, HIMS and LFMD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: HIMS correlations · LFMD correlations