BIIB correlations (Biogen)
Which assets move with BIIB and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Health Care · Biotechnology
Volatility (ann.)
30.1%
3y weekly
Beta vs S&P 500
0.53
3y weekly
1-year return
+62.4%
price, adjusted
5-year return
-35.7%
price, adjusted
Market cap
$32.7B
latest
P/E ratio
39.2
trailing
Max drawdown
-57.7%
3y, daily closes
BIIB over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with BIIB
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| IBB | iShares Biotechnology ETF | 0.58 | |
| XLV | Health Care Select Sector SPDR Fund | 0.57 | |
| BME | Blackrock Health Sciences Trust | 0.55 | |
| MRK | Merck & Co. | 0.52 | |
| PFE | Pfizer | 0.49 | |
| AMGN | Amgen | 0.49 | |
| SCHD | Schwab US Dividend Equity ETF | 0.48 | |
| XBI | SPDR S&P Biotech ETF | 0.48 | |
| AZN | AstraZeneca PLC | 0.47 | |
| IONS | Ionis Pharmaceuticals, Inc. | 0.47 | |
| HQH | abrdn Healthcare Investors Shares of Beneficial Interest | 0.47 | |
| GRX | The Gabelli Healthcare & Wellness Trust | 0.47 | |
| REGN | Regeneron Pharmaceuticals | 0.46 | |
| THW | abrdn World Healthcare Fund Shares of Beneficial Interest | 0.46 | |
| NVS | Novartis AG | 0.45 |
Best diversifiers for BIIB
These are the assets whose returns had the least to do with BIIB's, historically the most independent picks in our universe.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.26 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.25 | |
| RAYA | Erayak Power Solution Group Inc. - Class A | -0.23 | |
| VGAS | Verde Clean Fuels, Inc. | -0.22 | |
| AZIO | Azio AI Holdings, Inc. | -0.21 | |
| ZCMD | Zhongchao Inc. - Class A | -0.20 | |
| SPOT | Spotify Technology S.A. | -0.19 | |
| CHR | Cheer Holding, Inc. - Class A | -0.19 | |
| TELO | Telomir Pharmaceuticals, Inc. | -0.18 | |
| MTEK | Maris-Tech Ltd. | -0.18 |
BIIB vs benchmarks
BIIB vs its peers
Get BIIB data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/biib.jsonCorrelations, diversifiers, beta and volatility for BIIB, plus one endpoint per pair. API documentation.