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GMED correlations (Globus Medical, Inc.)

Every correlation that matters for GMED: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
41.6%
3y weekly
Beta vs S&P 500
0.74
3y weekly
1-year return
+34.2%
price, adjusted
5-year return
+0.4%
price, adjusted
Market cap
$11.1B
latest
P/E ratio
21.1
trailing
Max drawdown
-44.4%
3y, daily closes
-8%0%+58%2025-09-052026-08-27
GMED over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with GMED

AssetCorrelation (3Y)
TCMDTactile Systems Technology, Inc.0.58
STESteris0.58
GGenpact Limited0.51
SGISomnigroup International Inc.0.51
MGMistras Group Inc0.47

Best diversifiers for GMED

These are the assets whose returns had the least to do with GMED's, historically the most independent picks in our universe.

AssetCorrelation (3Y)
CHRCheer Holding, Inc. - Class A-0.31
ASSTStrive, Inc.-0.30
DGZDB Gold Short ETN due February 15, 2038-0.25

GMED vs benchmarks

GMED vs SPY 0.26 GMED vs QQQ 0.17

Get GMED data as JSON

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

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

GMED inside major ETFs

ETFGMED weight
MDYSPDR S&P MidCap 400 ETF0.26%