HQH vs VRTX: Correlation
Measured on weekly returns over the past three years, abrdn Healthcare Investors Shares of Beneficial Interest (HQH) and Vertex Pharmaceuticals (VRTX) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HQH and VRTX?
On 3 years of weekly data the HQH/VRTX correlation comes out at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.56) sits close to the 3-year figure. The 5-year figure is 0.50, and annualized covariance runs at 341.3 %².
Within HQH's tracked universe of 36 assets, VRTX comes in at #14 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months HQH outperformed by 19.1 percentage points (+59.8% for HQH against +40.7% for VRTX).
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 VRTX: side by side
| HQH (abrdn Healthcare Investors Shares of Beneficial Interest) | VRTX (Vertex Pharmaceuticals) | |
|---|---|---|
| 1-year return | +59.8% | +40.7% |
| 5-year return | +51.1% | +174.5% |
| Volatility (ann.) | 21.8% | 30.3% |
| Beta vs S&P 500 | 0.83 | 0.55 |
| Max drawdown (3Y) | -21.1% | -29.1% |
| Market cap | – | $138.8B |
| P/E (trailing) | 5.2 | 31.9 |
| Dividend yield | 9.62% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | HQH | VRTX |
|---|---|---|
| 2022 | -17.3% | +31.5% |
| 2023 | +1.2% | +40.9% |
| 2024 | +10.2% | -1.0% |
| 2025 | +34.1% | +12.6% |
| 2026 | +33.9% | +20.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HQH and VRTX good diversifiers for each other?
Only partially. A correlation of 0.52 means HQH and VRTX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between HQH and VRTX?
As of 2026-08-27, the correlation of weekly returns between HQH and VRTX is 0.52 over 3 years, 0.56 over 1 year and 0.50 over 5 years.
Is VRTX a good diversifier for HQH?
Only partially. A correlation of 0.52 means HQH and VRTX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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-vrtx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hqh-vs-vrtx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HQH correlations · VRTX correlations
