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CNMD correlations (CONMED Corporation)

CNMD 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 · US Listed

Volatility (ann.)
38.2%
3y weekly
Beta vs S&P 500
0.60
3y weekly
1-year return
-7.2%
price, adjusted
5-year return
-60.5%
price, adjusted
Market cap
$1.5B
latest
P/E ratio
27.2
trailing
Dividend yield
0.40%
trailing
Max drawdown
-71.4%
3y, daily closes
-40%0%2025-09-052026-08-27
CNMD over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with CNMD

AssetCorrelation (3Y)
ENOVEnovis Corporation0.52
MMSIMerit Medical Systems, Inc.0.51
CUBECubeSmart0.51
UPBDUpbound Group, Inc.0.50
ZBHZimmer Biomet0.49

Best diversifiers for CNMD

If the goal is offsetting CNMD, these tracked assets have historically moved the most on their own terms.

AssetCorrelation (3Y)
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.27
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.26
USOUnited States Oil Fund-0.24

CNMD vs benchmarks

CNMD vs SPY 0.23 CNMD vs QQQ 0.13

Get CNMD data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/cnmd.json

Correlations, diversifiers, beta and volatility for CNMD, plus one endpoint per pair. API documentation.

CNMD inside major ETFs

ETFCNMD weight
IWMiShares Russell 2000 ETF0.05%