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THW correlations (abrdn World Healthcare Fund Shares of Beneficial Interest)

Which assets move with THW and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

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

Volatility (ann.)

21.4%

3y weekly

Beta vs S&P 500

0.75

3y weekly

1-year return

+33.7%

price, adjusted

5-year return

+40.2%

price, adjusted

Market cap

$0.6B

latest

P/E ratio

6.6

trailing

Max drawdown

-25.4%

3y, daily closes

THW over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with THW

Asset		Correlation (3Y)
HQH	abrdn Healthcare Investors Shares of Beneficial Interest	0.78
HQL	abrdn Life Sciences Investors Shares of Beneficial Interest	0.75
BME	Blackrock Health Sciences Trust	0.74
IBB	iShares Biotechnology ETF	0.70
GRX	The Gabelli Healthcare & Wellness Trust	0.68

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

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.45
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.45
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.28

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/thw.json

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