Future Health
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification
Future Health
Last updated May 3, 2025
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
A Agilent Technologies, Inc. | Healthcare | 3.57% |
ALNY Alnylam Pharmaceuticals, Inc. | Healthcare | 3.57% |
AZN AstraZeneca PLC | Healthcare | 3.57% |
BIIB Biogen Inc. | Healthcare | 3.57% |
BMRN BioMarin Pharmaceutical Inc. | Healthcare | 3.57% |
BMY Bristol-Myers Squibb Company | Healthcare | 3.57% |
BSX Boston Scientific Corporation | Healthcare | 3.57% |
COO The Cooper Companies, Inc. | Healthcare | 3.57% |
DXCM DexCom, Inc. | Healthcare | 3.57% |
ECL Ecolab Inc. | Basic Materials | 3.57% |
EW Edwards Lifesciences Corporation | Healthcare | 3.57% |
GILD Gilead Sciences, Inc. | Healthcare | 3.57% |
HALO Halozyme Therapeutics, Inc. | Healthcare | 3.57% |
IQV IQVIA Holdings Inc. | Healthcare | 3.57% |
ISRG Intuitive Surgical, Inc. | Healthcare | 3.57% |
LLY Eli Lilly and Company | Healthcare | 3.57% |
MDT Medtronic plc | Healthcare | 3.57% |
MRK Merck & Co., Inc. | Healthcare | 3.57% |
NBIX Neurocrine Biosciences, Inc. | Healthcare | 3.57% |
PODD | 3.57% | |
REGN | 3.57% | |
RMD | 3.57% | |
SAN.PA | 3.57% | |
SRPT | 3.57% | |
TMO | 3.57% | |
UNH | 3.57% | |
VRTX | 3.57% | |
WAT | 3.57% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Future Health, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
Future Health
Benchmark (^GSPC)
Portfolio components
The earliest data available for this chart is May 9, 2013, corresponding to the inception date of IQV
Returns By Period
As of May 3, 2025, the Future Health returned -2.64% Year-To-Date and 14.85% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.31% | 5.38% | -0.74% | 10.90% | 14.93% | 10.61% |
| Future Health | -2.64% | -0.04% | -5.87% | 1.96% | 10.59% | 14.76% |
| Portfolio components: | ||||||
AZN AstraZeneca PLC | 12.11% | -2.00% | 2.85% | -3.20% | 8.95% | 11.08% |
LLY Eli Lilly and Company | 6.87% | 4.38% | 0.91% | 12.79% | 40.48% | 29.17% |
NBIX Neurocrine Biosciences, Inc. | -19.65% | 6.61% | -10.25% | -22.05% | 1.94% | 11.29% |
BSX Boston Scientific Corporation | 17.48% | 6.53% | 25.48% | 44.04% | 23.32% | 19.24% |
ISRG Intuitive Surgical, Inc. | 1.43% | 7.04% | 4.56% | 38.82% | 25.19% | 24.90% |
EW Edwards Lifesciences Corporation | 2.19% | 3.66% | 12.01% | -11.26% | 1.82% | 13.47% |
PODD | -1.56% | 0.08% | 9.08% | 47.34% | 5.76% | 24.96% |
HALO Halozyme Therapeutics, Inc. | 27.99% | -1.18% | 7.07% | 53.32% | 20.17% | 14.58% |
DXCM DexCom, Inc. | 4.95% | 32.07% | 16.02% | -36.42% | -1.49% | 16.84% |
BMY Bristol-Myers Squibb Company | -8.62% | -11.59% | -4.86% | 20.61% | 0.18% | 0.73% |
GILD Gilead Sciences, Inc. | 13.03% | -7.75% | 17.62% | 66.06% | 9.35% | 3.55% |
BIIB Biogen Inc. | -19.22% | -5.49% | -28.92% | -43.21% | -15.70% | -10.47% |
VRTX | 24.45% | 3.54% | 6.37% | 24.95% | 13.26% | 14.71% |
RMD | 5.16% | 12.47% | -1.34% | 11.59% | 9.83% | 15.04% |
TMO | -18.52% | -9.89% | -23.96% | -25.79% | 5.44% | 12.75% |
SRPT | -47.77% | 8.36% | -48.49% | -52.48% | -11.43% | 15.31% |
WAT | -5.53% | 1.54% | -9.49% | 9.09% | 13.82% | 10.39% |
ALNY Alnylam Pharmaceuticals, Inc. | 10.23% | -1.06% | -5.30% | 70.28% | 13.32% | 9.16% |
UNH | -20.60% | -26.00% | -28.96% | -17.49% | 8.18% | 14.79% |
BMRN BioMarin Pharmaceutical Inc. | -5.63% | -8.08% | -6.86% | -24.76% | -7.07% | -6.22% |
COO The Cooper Companies, Inc. | -10.48% | 5.28% | -22.25% | -9.20% | 2.72% | 6.22% |
IQV IQVIA Holdings Inc. | -21.90% | -8.47% | -26.62% | -31.29% | 2.67% | 8.77% |
REGN | -14.87% | -0.82% | -28.12% | -36.64% | 2.22% | 2.52% |
ECL Ecolab Inc. | 9.27% | 2.05% | 4.96% | 13.36% | 6.89% | 9.54% |
A Agilent Technologies, Inc. | -18.97% | -0.95% | -20.32% | -21.52% | 8.33% | 10.71% |
MDT Medtronic plc | 7.06% | -3.46% | -4.23% | 7.38% | 0.55% | 3.82% |
SAN.PA | 13.99% | 0.39% | 3.46% | 17.30% | 5.85% | 4.58% |
MRK Merck & Co., Inc. | -15.66% | -3.72% | -16.99% | -32.83% | 5.60% | 6.81% |
*Annualized
Monthly Returns
The table below presents the monthly returns of Future Health, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 6.80% | -1.27% | -4.41% | -3.88% | 0.49% | -2.64% | |||||||
| 2024 | 1.15% | 1.20% | 4.32% | -4.14% | 1.98% | 5.53% | 0.72% | 6.17% | -2.06% | -4.05% | 2.08% | -3.78% | 8.73% |
| 2023 | 0.75% | -4.58% | 4.03% | 2.21% | -4.74% | 4.75% | -0.08% | -1.68% | -4.69% | -7.42% | 10.13% | 7.72% | 4.90% |
| 2022 | -7.80% | 0.25% | 4.95% | -5.02% | -0.32% | -1.10% | 5.74% | -2.87% | -2.10% | 11.24% | 6.91% | -1.72% | 6.74% |
| 2021 | 0.59% | -1.23% | 0.26% | 5.15% | 0.56% | 6.48% | 2.62% | 5.01% | -5.23% | 2.99% | -5.48% | 6.76% | 19.03% |
| 2020 | -1.29% | -2.05% | -4.94% | 12.76% | 7.21% | 0.64% | 3.57% | 1.21% | -2.58% | -5.06% | 8.05% | 4.39% | 22.28% |
| 2019 | 8.92% | 2.35% | -0.53% | -4.84% | -1.43% | 9.17% | 0.55% | 0.67% | -1.53% | 4.95% | 10.40% | 2.14% | 33.92% |
| 2018 | 7.63% | -4.56% | 2.16% | -1.38% | 4.63% | 3.92% | 5.62% | 7.66% | 2.07% | -8.18% | 4.23% | -7.23% | 15.94% |
| 2017 | 6.28% | 5.66% | 1.15% | 4.82% | 0.88% | 5.63% | 0.72% | 4.82% | 2.08% | 0.31% | 4.30% | -1.28% | 41.23% |
| 2016 | -13.70% | -1.53% | 5.23% | 3.61% | 3.79% | -1.79% | 10.91% | -1.27% | 7.14% | -11.66% | 0.84% | -1.33% | -2.60% |
| 2015 | 3.97% | 5.72% | 2.95% | -2.78% | 9.25% | 2.82% | 3.81% | -7.25% | -6.95% | 7.37% | 4.12% | -0.01% | 23.75% |
| 2014 | 7.77% | 6.31% | -4.69% | -3.83% | 1.98% | 4.07% | -0.53% | 6.32% | -0.53% | 5.34% | 3.68% | -0.02% | 28.04% |
Expense Ratio
Future Health has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
The portfolio doesn't include any funds that charge management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Future Health is 6, meaning it’s performing worse than 94% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Overall Rank
Sharpe Ratio Rank
Sortino Ratio Rank
Omega Ratio Rank
Calmar Ratio Rank
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Portfolio: -0.00
^GSPC: 0.67
Portfolio: 0.11
^GSPC: 1.05
Portfolio: 1.01
^GSPC: 1.16
Portfolio: -0.00
^GSPC: 0.68
Portfolio: -0.01
^GSPC: 2.70
Portfolio components
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
AZN AstraZeneca PLC | -0.19 | -0.10 | 0.99 | -0.15 | -0.27 |
LLY Eli Lilly and Company | 0.24 | 0.60 | 1.08 | 0.37 | 0.73 |
NBIX Neurocrine Biosciences, Inc. | -0.49 | -0.40 | 0.93 | -0.46 | -1.05 |
BSX Boston Scientific Corporation | 1.92 | 2.39 | 1.39 | 2.73 | 11.21 |
ISRG Intuitive Surgical, Inc. | 1.09 | 1.77 | 1.25 | 1.42 | 4.60 |
EW Edwards Lifesciences Corporation | -0.31 | -0.11 | 0.98 | -0.24 | -0.56 |
PODD | 1.54 | 2.18 | 1.29 | 1.07 | 9.16 |
HALO Halozyme Therapeutics, Inc. | 1.04 | 1.55 | 1.24 | 1.23 | 3.21 |
DXCM DexCom, Inc. | -0.61 | -0.49 | 0.91 | -0.57 | -0.92 |
BMY Bristol-Myers Squibb Company | 0.61 | 1.14 | 1.14 | 0.38 | 2.45 |
GILD Gilead Sciences, Inc. | 2.50 | 3.48 | 1.45 | 2.12 | 13.20 |
BIIB Biogen Inc. | -1.61 | -2.44 | 0.72 | -0.58 | -1.49 |
VRTX | 0.71 | 1.04 | 1.15 | 0.80 | 2.10 |
RMD | 0.39 | 0.74 | 1.11 | 0.35 | 1.56 |
TMO | -1.14 | -1.67 | 0.80 | -0.77 | -2.11 |
SRPT | -0.85 | -1.27 | 0.82 | -0.72 | -1.66 |
WAT | -0.01 | 0.29 | 1.04 | -0.01 | -0.02 |
ALNY Alnylam Pharmaceuticals, Inc. | 1.33 | 2.52 | 1.33 | 1.85 | 5.85 |
UNH | -0.56 | -0.51 | 0.91 | -0.58 | -1.61 |
BMRN BioMarin Pharmaceutical Inc. | -0.68 | -0.73 | 0.88 | -0.38 | -0.99 |
COO The Cooper Companies, Inc. | -0.46 | -0.52 | 0.93 | -0.35 | -0.90 |
IQV IQVIA Holdings Inc. | -1.08 | -1.55 | 0.81 | -0.69 | -1.80 |
REGN | -1.29 | -1.82 | 0.77 | -0.69 | -1.21 |
ECL Ecolab Inc. | 0.51 | 0.82 | 1.12 | 0.65 | 1.91 |
A Agilent Technologies, Inc. | -0.92 | -1.23 | 0.84 | -0.62 | -1.77 |
MDT Medtronic plc | 0.28 | 0.51 | 1.07 | 0.16 | 0.94 |
SAN.PA | 0.60 | 0.99 | 1.12 | 0.66 | 1.42 |
MRK Merck & Co., Inc. | -1.33 | -1.77 | 0.76 | -0.83 | -1.53 |
Future Health
Benchmark (^GSPC)
Portfolio components
Dividends
Dividend yield
Future Health provided a 0.96% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.96% | 0.92% | 0.91% | 0.85% | 0.80% | 0.91% | 0.83% | 0.93% | 0.96% | 1.00% | 0.91% | 0.83% |
| Portfolio components: | ||||||||||||
AZN AstraZeneca PLC | 2.11% | 2.27% | 2.15% | 2.14% | 2.40% | 2.80% | 2.81% | 3.61% | 3.95% | 5.01% | 4.06% | 3.98% |
LLY Eli Lilly and Company | 0.66% | 0.67% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.95% | 2.46% | 2.77% | 2.37% | 2.84% |
NBIX Neurocrine Biosciences, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BSX Boston Scientific Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ISRG Intuitive Surgical, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EW Edwards Lifesciences Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PODD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HALO Halozyme Therapeutics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DXCM DexCom, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BMY Bristol-Myers Squibb Company | 4.82% | 4.24% | 4.44% | 3.00% | 2.36% | 3.69% | 2.55% | 3.08% | 2.55% | 1.95% | 2.17% | 2.46% |
GILD Gilead Sciences, Inc. | 2.99% | 3.33% | 3.70% | 3.40% | 3.91% | 4.67% | 3.88% | 3.65% | 2.90% | 2.57% | 1.27% | 0.00% |
BIIB Biogen Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VRTX | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RMD | 0.86% | 0.88% | 1.07% | 0.83% | 0.62% | 0.73% | 0.98% | 1.26% | 1.61% | 2.03% | 2.16% | 1.89% |
TMO | 0.38% | 0.30% | 0.26% | 0.22% | 0.16% | 0.19% | 0.23% | 0.30% | 0.32% | 0.43% | 0.42% | 0.48% |
SRPT | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WAT | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ALNY Alnylam Pharmaceuticals, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UNH | 2.10% | 1.62% | 1.38% | 1.21% | 1.12% | 1.38% | 1.41% | 1.38% | 1.30% | 1.48% | 1.59% | 1.39% |
BMRN BioMarin Pharmaceutical Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
COO The Cooper Companies, Inc. | 0.00% | 0.00% | 0.02% | 0.02% | 0.01% | 0.02% | 0.02% | 0.02% | 0.03% | 0.03% | 0.04% | 0.04% |
IQV IQVIA Holdings Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
REGN | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ECL Ecolab Inc. | 0.96% | 1.01% | 1.09% | 1.42% | 0.83% | 0.87% | 0.96% | 1.15% | 1.13% | 1.51% | 1.17% | 1.11% |
A Agilent Technologies, Inc. | 0.89% | 0.71% | 0.66% | 0.71% | 0.49% | 0.46% | 0.79% | 0.91% | 0.81% | 1.05% | 1.23% | 0.69% |
MDT Medtronic plc | 3.30% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% | 1.66% |
SAN.PA | 3.84% | 4.01% | 3.97% | 3.71% | 3.61% | 4.00% | 3.43% | 4.00% | 4.12% | 3.81% | 3.63% | 3.70% |
MRK Merck & Co., Inc. | 3.80% | 3.14% | 2.72% | 2.52% | 3.41% | 3.03% | 2.48% | 2.60% | 3.36% | 3.14% | 3.43% | 3.12% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Future Health
Benchmark (^GSPC)
Portfolio components
Worst Drawdowns
The table below displays the maximum drawdowns of the Future Health. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Future Health was 25.63%, occurring on Mar 23, 2020. Recovery took 32 trading sessions.
The current Future Health drawdown is 10.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.63% | Feb 24, 2020 | 21 | Mar 23, 2020 | 32 | May 7, 2020 | 53 |
| -24.13% | Jul 23, 2015 | 141 | Feb 8, 2016 | 124 | Aug 1, 2016 | 265 |
| -18.05% | Sep 3, 2024 | 154 | Apr 8, 2025 | — | — | — |
| -17.93% | Oct 1, 2018 | 61 | Dec 24, 2018 | 47 | Mar 1, 2019 | 108 |
| -17.83% | Sep 3, 2021 | 204 | Jun 16, 2022 | 105 | Nov 10, 2022 | 309 |
Volatility
Volatility Chart
The current Future Health volatility is 11.47%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Future Health
Benchmark (^GSPC)
Portfolio components
Diversification
Diversification Metrics
Number of Effective Assets
Effective Assets: 28.00
The portfolio contains 28 assets, with an effective number of assets of 28.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.
Asset Correlations Table
The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
| ^GSPC | SAN.PA | SRPT | AZN | UNH | LLY | DXCM | MRK | BMY | GILD | PODD | NBIX | ALNY | HALO | ECL | REGN | RMD | BIIB | VRTX | BMRN | COO | EW | BSX | ISRG | MDT | IQV | WAT | TMO | A | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.26 | 0.35 | 0.37 | 0.46 | 0.42 | 0.42 | 0.39 | 0.39 | 0.42 | 0.45 | 0.38 | 0.39 | 0.42 | 0.66 | 0.42 | 0.52 | 0.47 | 0.44 | 0.44 | 0.54 | 0.55 | 0.57 | 0.63 | 0.57 | 0.59 | 0.60 | 0.61 | 0.67 | 0.73 |
| SAN.PA | 0.26 | 1.00 | 0.11 | 0.41 | 0.19 | 0.22 | 0.11 | 0.27 | 0.23 | 0.21 | 0.11 | 0.15 | 0.16 | 0.19 | 0.22 | 0.23 | 0.20 | 0.19 | 0.20 | 0.21 | 0.20 | 0.18 | 0.22 | 0.17 | 0.25 | 0.19 | 0.17 | 0.22 | 0.22 | 0.33 |
| SRPT | 0.35 | 0.11 | 1.00 | 0.20 | 0.21 | 0.21 | 0.30 | 0.21 | 0.22 | 0.26 | 0.32 | 0.42 | 0.44 | 0.40 | 0.20 | 0.34 | 0.26 | 0.36 | 0.36 | 0.44 | 0.27 | 0.28 | 0.28 | 0.29 | 0.25 | 0.31 | 0.27 | 0.28 | 0.30 | 0.57 |
| AZN | 0.37 | 0.41 | 0.20 | 1.00 | 0.25 | 0.37 | 0.22 | 0.39 | 0.37 | 0.32 | 0.24 | 0.26 | 0.26 | 0.28 | 0.30 | 0.34 | 0.28 | 0.34 | 0.35 | 0.33 | 0.29 | 0.28 | 0.32 | 0.27 | 0.33 | 0.31 | 0.31 | 0.36 | 0.34 | 0.49 |
| UNH | 0.46 | 0.19 | 0.21 | 0.25 | 1.00 | 0.33 | 0.23 | 0.36 | 0.35 | 0.30 | 0.26 | 0.26 | 0.22 | 0.24 | 0.34 | 0.28 | 0.31 | 0.31 | 0.33 | 0.28 | 0.35 | 0.35 | 0.38 | 0.33 | 0.40 | 0.36 | 0.34 | 0.39 | 0.35 | 0.48 |
| LLY | 0.42 | 0.22 | 0.21 | 0.37 | 0.33 | 1.00 | 0.22 | 0.46 | 0.40 | 0.32 | 0.23 | 0.28 | 0.27 | 0.26 | 0.31 | 0.38 | 0.30 | 0.36 | 0.36 | 0.32 | 0.28 | 0.31 | 0.34 | 0.31 | 0.33 | 0.33 | 0.32 | 0.36 | 0.33 | 0.50 |
| DXCM | 0.42 | 0.11 | 0.30 | 0.22 | 0.23 | 0.22 | 1.00 | 0.18 | 0.21 | 0.21 | 0.55 | 0.32 | 0.37 | 0.34 | 0.29 | 0.29 | 0.39 | 0.29 | 0.32 | 0.35 | 0.39 | 0.42 | 0.39 | 0.46 | 0.38 | 0.39 | 0.35 | 0.36 | 0.38 | 0.58 |
| MRK | 0.39 | 0.27 | 0.21 | 0.39 | 0.36 | 0.46 | 0.18 | 1.00 | 0.46 | 0.40 | 0.21 | 0.26 | 0.25 | 0.27 | 0.33 | 0.37 | 0.31 | 0.37 | 0.39 | 0.30 | 0.31 | 0.31 | 0.35 | 0.27 | 0.39 | 0.31 | 0.34 | 0.41 | 0.36 | 0.50 |
| BMY | 0.39 | 0.23 | 0.22 | 0.37 | 0.35 | 0.40 | 0.21 | 0.46 | 1.00 | 0.43 | 0.22 | 0.31 | 0.30 | 0.33 | 0.32 | 0.39 | 0.30 | 0.40 | 0.37 | 0.34 | 0.31 | 0.30 | 0.34 | 0.27 | 0.41 | 0.32 | 0.36 | 0.38 | 0.35 | 0.52 |
| GILD | 0.42 | 0.21 | 0.26 | 0.32 | 0.30 | 0.32 | 0.21 | 0.40 | 0.43 | 1.00 | 0.25 | 0.35 | 0.34 | 0.34 | 0.30 | 0.48 | 0.28 | 0.50 | 0.46 | 0.42 | 0.31 | 0.28 | 0.33 | 0.30 | 0.36 | 0.32 | 0.34 | 0.38 | 0.36 | 0.55 |
| PODD | 0.45 | 0.11 | 0.32 | 0.24 | 0.26 | 0.23 | 0.55 | 0.21 | 0.22 | 0.25 | 1.00 | 0.33 | 0.36 | 0.37 | 0.32 | 0.29 | 0.41 | 0.31 | 0.33 | 0.34 | 0.38 | 0.44 | 0.39 | 0.46 | 0.39 | 0.38 | 0.36 | 0.39 | 0.42 | 0.59 |
| NBIX | 0.38 | 0.15 | 0.42 | 0.26 | 0.26 | 0.28 | 0.32 | 0.26 | 0.31 | 0.35 | 0.33 | 1.00 | 0.49 | 0.45 | 0.24 | 0.41 | 0.29 | 0.42 | 0.46 | 0.48 | 0.31 | 0.32 | 0.33 | 0.33 | 0.30 | 0.38 | 0.33 | 0.32 | 0.37 | 0.62 |
| ALNY | 0.39 | 0.16 | 0.44 | 0.26 | 0.22 | 0.27 | 0.37 | 0.25 | 0.30 | 0.34 | 0.36 | 0.49 | 1.00 | 0.45 | 0.24 | 0.44 | 0.31 | 0.42 | 0.43 | 0.51 | 0.30 | 0.32 | 0.29 | 0.34 | 0.27 | 0.36 | 0.34 | 0.35 | 0.37 | 0.63 |
| HALO | 0.42 | 0.19 | 0.40 | 0.28 | 0.24 | 0.26 | 0.34 | 0.27 | 0.33 | 0.34 | 0.37 | 0.45 | 0.45 | 1.00 | 0.27 | 0.39 | 0.31 | 0.39 | 0.40 | 0.47 | 0.31 | 0.33 | 0.33 | 0.36 | 0.31 | 0.39 | 0.36 | 0.36 | 0.39 | 0.62 |
| ECL | 0.66 | 0.22 | 0.20 | 0.30 | 0.34 | 0.31 | 0.29 | 0.33 | 0.32 | 0.30 | 0.32 | 0.24 | 0.24 | 0.27 | 1.00 | 0.28 | 0.39 | 0.32 | 0.30 | 0.30 | 0.44 | 0.43 | 0.44 | 0.44 | 0.47 | 0.45 | 0.47 | 0.48 | 0.51 | 0.54 |
| REGN | 0.42 | 0.23 | 0.34 | 0.34 | 0.28 | 0.38 | 0.29 | 0.37 | 0.39 | 0.48 | 0.29 | 0.41 | 0.44 | 0.39 | 0.28 | 1.00 | 0.31 | 0.50 | 0.54 | 0.47 | 0.33 | 0.32 | 0.34 | 0.33 | 0.32 | 0.35 | 0.35 | 0.39 | 0.36 | 0.62 |
| RMD | 0.52 | 0.20 | 0.26 | 0.28 | 0.31 | 0.30 | 0.39 | 0.31 | 0.30 | 0.28 | 0.41 | 0.29 | 0.31 | 0.31 | 0.39 | 0.31 | 1.00 | 0.33 | 0.33 | 0.33 | 0.46 | 0.48 | 0.46 | 0.49 | 0.46 | 0.45 | 0.45 | 0.49 | 0.47 | 0.59 |
| BIIB | 0.47 | 0.19 | 0.36 | 0.34 | 0.31 | 0.36 | 0.29 | 0.37 | 0.40 | 0.50 | 0.31 | 0.42 | 0.42 | 0.39 | 0.32 | 0.50 | 0.33 | 1.00 | 0.49 | 0.48 | 0.35 | 0.34 | 0.34 | 0.35 | 0.37 | 0.38 | 0.39 | 0.43 | 0.42 | 0.63 |
| VRTX | 0.44 | 0.20 | 0.36 | 0.35 | 0.33 | 0.36 | 0.32 | 0.39 | 0.37 | 0.46 | 0.33 | 0.46 | 0.43 | 0.40 | 0.30 | 0.54 | 0.33 | 0.49 | 1.00 | 0.52 | 0.34 | 0.33 | 0.36 | 0.36 | 0.33 | 0.38 | 0.35 | 0.41 | 0.39 | 0.63 |
| BMRN | 0.44 | 0.21 | 0.44 | 0.33 | 0.28 | 0.32 | 0.35 | 0.30 | 0.34 | 0.42 | 0.34 | 0.48 | 0.51 | 0.47 | 0.30 | 0.47 | 0.33 | 0.48 | 0.52 | 1.00 | 0.36 | 0.34 | 0.35 | 0.35 | 0.33 | 0.40 | 0.38 | 0.38 | 0.41 | 0.66 |
| COO | 0.54 | 0.20 | 0.27 | 0.29 | 0.35 | 0.28 | 0.39 | 0.31 | 0.31 | 0.31 | 0.38 | 0.31 | 0.30 | 0.31 | 0.44 | 0.33 | 0.46 | 0.35 | 0.34 | 0.36 | 1.00 | 0.49 | 0.51 | 0.48 | 0.52 | 0.47 | 0.50 | 0.50 | 0.51 | 0.60 |
| EW | 0.55 | 0.18 | 0.28 | 0.28 | 0.35 | 0.31 | 0.42 | 0.31 | 0.30 | 0.28 | 0.44 | 0.32 | 0.32 | 0.33 | 0.43 | 0.32 | 0.48 | 0.34 | 0.33 | 0.34 | 0.49 | 1.00 | 0.53 | 0.56 | 0.53 | 0.47 | 0.46 | 0.46 | 0.48 | 0.62 |
| BSX | 0.57 | 0.22 | 0.28 | 0.32 | 0.38 | 0.34 | 0.39 | 0.35 | 0.34 | 0.33 | 0.39 | 0.33 | 0.29 | 0.33 | 0.44 | 0.34 | 0.46 | 0.34 | 0.36 | 0.35 | 0.51 | 0.53 | 1.00 | 0.55 | 0.59 | 0.45 | 0.44 | 0.45 | 0.47 | 0.63 |
| ISRG | 0.63 | 0.17 | 0.29 | 0.27 | 0.33 | 0.31 | 0.46 | 0.27 | 0.27 | 0.30 | 0.46 | 0.33 | 0.34 | 0.36 | 0.44 | 0.33 | 0.49 | 0.35 | 0.36 | 0.35 | 0.48 | 0.56 | 0.55 | 1.00 | 0.50 | 0.49 | 0.48 | 0.51 | 0.53 | 0.65 |
| MDT | 0.57 | 0.25 | 0.25 | 0.33 | 0.40 | 0.33 | 0.38 | 0.39 | 0.41 | 0.36 | 0.39 | 0.30 | 0.27 | 0.31 | 0.47 | 0.32 | 0.46 | 0.37 | 0.33 | 0.33 | 0.52 | 0.53 | 0.59 | 0.50 | 1.00 | 0.45 | 0.47 | 0.50 | 0.50 | 0.62 |
| IQV | 0.59 | 0.19 | 0.31 | 0.31 | 0.36 | 0.33 | 0.39 | 0.31 | 0.32 | 0.32 | 0.38 | 0.38 | 0.36 | 0.39 | 0.45 | 0.35 | 0.45 | 0.38 | 0.38 | 0.40 | 0.47 | 0.47 | 0.45 | 0.49 | 0.45 | 1.00 | 0.56 | 0.57 | 0.61 | 0.66 |
| WAT | 0.60 | 0.17 | 0.27 | 0.31 | 0.34 | 0.32 | 0.35 | 0.34 | 0.36 | 0.34 | 0.36 | 0.33 | 0.34 | 0.36 | 0.47 | 0.35 | 0.45 | 0.39 | 0.35 | 0.38 | 0.50 | 0.46 | 0.44 | 0.48 | 0.47 | 0.56 | 1.00 | 0.66 | 0.73 | 0.64 |
| TMO | 0.61 | 0.22 | 0.28 | 0.36 | 0.39 | 0.36 | 0.36 | 0.41 | 0.38 | 0.38 | 0.39 | 0.32 | 0.35 | 0.36 | 0.48 | 0.39 | 0.49 | 0.43 | 0.41 | 0.38 | 0.50 | 0.46 | 0.45 | 0.51 | 0.50 | 0.57 | 0.66 | 1.00 | 0.72 | 0.67 |
| A | 0.67 | 0.22 | 0.30 | 0.34 | 0.35 | 0.33 | 0.38 | 0.36 | 0.35 | 0.36 | 0.42 | 0.37 | 0.37 | 0.39 | 0.51 | 0.36 | 0.47 | 0.42 | 0.39 | 0.41 | 0.51 | 0.48 | 0.47 | 0.53 | 0.50 | 0.61 | 0.73 | 0.72 | 1.00 | 0.68 |
| Portfolio | 0.73 | 0.33 | 0.57 | 0.49 | 0.48 | 0.50 | 0.58 | 0.50 | 0.52 | 0.55 | 0.59 | 0.62 | 0.63 | 0.62 | 0.54 | 0.62 | 0.59 | 0.63 | 0.63 | 0.66 | 0.60 | 0.62 | 0.63 | 0.65 | 0.62 | 0.66 | 0.64 | 0.67 | 0.68 | 1.00 |
The correlation results are calculated based on daily price changes starting from May 10, 2013