BAX correlations (Baxter International)
BAX measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Health Care · Health Care Equipment
Volatility (ann.)
38.4%
3y weekly
Beta vs S&P 500
0.89
3y weekly
1-year return
+6.6%
price, adjusted
5-year return
-62.2%
price, adjusted
Market cap
$13.4B
latest
Dividend yield
0.75%
trailing
Max drawdown
-62.4%
3y, daily closes
BAX over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with BAX
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| GEHC | GE HealthCare | 0.64 | |
| AVTR | Avantor, Inc. | 0.57 | |
| ATR | AptarGroup, Inc. | 0.57 | |
| ARE | Alexandria Real Estate Equities | 0.56 | |
| NWL | Newell Brands Inc. | 0.54 | |
| SWK | Stanley Black & Decker | 0.53 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.53 | |
| AVY | Avery Dennison | 0.53 | |
| EMN | Eastman Chemical Company | 0.53 | |
| ECL | Ecolab | 0.52 | |
| DEO | Diageo plc | 0.52 | |
| EFA | iShares MSCI EAFE ETF | 0.52 | |
| PPG | PPG Industries | 0.52 | |
| XLB | Materials Select Sector SPDR Fund | 0.52 | |
| IEFA | iShares Core MSCI EAFE ETF | 0.52 |
Best diversifiers for BAX
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from BAX.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.32 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.29 | |
| BNC | CEA Industries Inc. | -0.27 | |
| CELC | Celcuity Inc. | -0.25 | |
| USO | United States Oil Fund | -0.23 | |
| ANNA | AleAnna, Inc. | -0.22 | |
| REPL | Replimune Group, Inc. | -0.19 | |
| TPST | Tempest Therapeutics, Inc. | -0.18 | |
| MDRR | Medalist Diversified, Inc. | -0.17 | |
| PUMP | ProPetro Holding Corp. | -0.17 |
BAX vs benchmarks
BAX vs its peers
Get BAX data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/bax.jsonCorrelations, diversifiers, beta and volatility for BAX, plus one endpoint per pair. API documentation.
