HQH vs REGN: Correlation
abrdn Healthcare Investors Shares of Beneficial Interest (HQH) and Regeneron Pharmaceuticals (REGN) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HQH and REGN?
Across a 3-year window, the weekly returns of HQH and REGN correlate at 0.46, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.26 versus 0.46 over 3 years. Stretching to 5 years gives 0.47, with an annualized covariance of 319.3 %².
Within HQH's tracked universe of 36 assets, REGN comes in at #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months HQH outperformed by 21.5 percentage points (+59.8% for HQH against +38.3% for REGN).
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.
HQH vs REGN: side by side
| HQH (abrdn Healthcare Investors Shares of Beneficial Interest) | REGN (Regeneron Pharmaceuticals) | |
|---|---|---|
| 1-year return | +59.8% | +38.3% |
| 5-year return | +51.1% | +20.4% |
| Volatility (ann.) | 21.8% | 31.8% |
| Beta vs S&P 500 | 0.83 | 0.61 |
| Max drawdown (3Y) | -21.1% | -59.7% |
| Market cap | – | $83.2B |
| P/E (trailing) | 5.2 | 20.2 |
| Dividend yield | 9.62% | 0.45% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | HQH | REGN |
|---|---|---|
| 2022 | -17.3% | +14.2% |
| 2023 | +1.2% | +21.7% |
| 2024 | +10.2% | -18.9% |
| 2025 | +34.1% | +9.0% |
| 2026 | +33.9% | +5.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HQH and REGN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HQH and REGN?
As of 2026-08-27, the correlation of weekly returns between HQH and REGN is 0.46 over 3 years, 0.26 over 1 year and 0.47 over 5 years.
Is REGN a good diversifier for HQH?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/hqh-vs-regn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hqh-vs-regn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HQH correlations · REGN correlations
