TECH correlations (Bio-Techne)
TECH 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 · Life Sciences Tools & Services
Volatility (ann.)
41.9%
3y weekly
Beta vs S&P 500
0.90
3y weekly
1-year return
+29.6%
price, adjusted
5-year return
-41.4%
price, adjusted
Market cap
$11.4B
latest
P/E ratio
62.5
trailing
Dividend yield
0.44%
trailing
Max drawdown
-48.1%
3y, daily closes
TECH over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with TECH
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| TMO | Thermo Fisher Scientific | 0.68 | |
| MTD | Mettler Toledo | 0.67 | |
| DHR | Danaher Corporation | 0.66 | |
| RVTY | Revvity | 0.66 | |
| A | Agilent Technologies | 0.64 | |
| IBB | iShares Biotechnology ETF | 0.62 | |
| BIO | Bio-Rad Laboratories, Inc. | 0.62 | |
| CRL | Charles River Laboratories | 0.61 | |
| XLV | Health Care Select Sector SPDR Fund | 0.58 | |
| WAT | Waters Corporation | 0.58 | |
| AZTA | Azenta, Inc. | 0.57 | |
| QGEN | Qiagen N.V. | 0.57 | |
| TWST | Twist Bioscience Corporation | 0.57 | |
| AVTR | Avantor, Inc. | 0.57 | |
| XBI | SPDR S&P Biotech ETF | 0.56 |
Best diversifiers for TECH
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from TECH.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.31 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.30 | |
| USO | United States Oil Fund | -0.20 | |
| CME | CME Group | -0.20 | |
| TRT | Trio-Tech International | -0.19 | |
| DTCX | Datacentrex, Inc. | -0.17 | |
| AIIO | Robo.ai Inc. - Class B | -0.17 | |
| ZCMD | Zhongchao Inc. - Class A | -0.16 | |
| MLEC | Moolec Science SA | -0.16 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.16 |
TECH vs benchmarks
TECH vs its peers
Get TECH data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/tech.jsonCorrelations, diversifiers, beta and volatility for TECH, plus one endpoint per pair. API documentation.
