Tax-loss harvesting alternatives for ABBV

Among the 30 Pharmaceuticals peers screened, JNJ (Johnson & Johnson) has tracked ABBV most closely over the past year, with a return correlation of 0.50. The strongest fund stand-in is XLV (Health Care Select Sector SPDR) at 0.62 over the past year. Correlations are computed from daily closing-price returns aligned by trading day.

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STOCKS

Single-name peers

Ticker	Name	Sub-industry	1Y	3Y	5Y	10Y
JNJ	Johnson & Johnson	Pharmaceuticals	0.50	0.45	0.45	0.44
BMY	Bristol-Myers Squibb	Pharmaceuticals	0.47	0.40	0.40	0.43
MRK	Merck & Co.	Pharmaceuticals	0.41	0.43	0.41	0.44
AZN	AstraZeneca	Pharmaceuticals	0.40	0.38	0.37	0.37
GSK	GSK plc	Pharmaceuticals	0.37	0.39	0.35	0.37
LLY	Eli Lilly	Pharmaceuticals	0.36	0.29	0.31	0.38
PFE	Pfizer Inc.	Pharmaceuticals	0.33	0.41	0.39	0.44
SNY	Sanofi S.A.	Pharmaceuticals	0.29	0.33	0.31	0.34
ACAD	Acadia Pharmaceuticals	Pharmaceuticals	0.24	0.14	0.12	0.18
NVO	Novo Nordisk	Pharmaceuticals	0.24	0.21	0.20	0.26
ALKS	Alkermes plc	Pharmaceuticals	0.23	0.24	0.23	0.28
ANIP	ANI Pharmaceuticals, Inc.	Pharmaceuticals	0.19	0.13	0.11	0.19
VTRS	Viatris	Pharmaceuticals	0.19	0.27	0.27	0.28
COLL	Collegium Pharmaceutical, Inc.	Pharmaceuticals	0.19	0.19	0.18	0.20
SUPN	Supernus Pharmaceuticals, Inc.	Pharmaceuticals	0.18	0.14	0.14	0.19
JAZZ	Jazz Pharmaceuticals	Pharmaceuticals	0.18	0.24	0.25	0.30
INVA	Innoviva, Inc.	Pharmaceuticals	0.17	0.19	0.17	0.24
INDV	Indivior	Pharmaceuticals	0.16	0.13	0.00	0.01
AMRX	Amneal Pharmaceuticals	Pharmaceuticals	0.14	0.16	0.13	0.20
PBH	Prestige Consumer Healthcare	Pharmaceuticals	0.12	0.13	0.17	0.26
CORT	Corcept Therapeutics Incorporated	Pharmaceuticals	0.12	0.10	0.10	0.17
PTCT	PTC Therapeutics, Inc.	Pharmaceuticals	0.11	0.15	0.15	0.18
LQDA	Liquidia Corporation	Pharmaceuticals	0.11	0.07	0.07	0.10
PCRX	Pacira BioSciences, Inc.	Pharmaceuticals	0.10	0.04	0.07	0.19
AMPH	Amphstar Pharmaceuticals, Inc.	Pharmaceuticals	0.09	0.14	0.18	0.24
PAHC	Phibro Animal Health	Pharmaceuticals	0.09	0.12	0.14	0.20
ZTS	Zoetis Inc.	Pharmaceuticals	0.09	0.21	0.23	0.34
PRGO	Perrigo	Pharmaceuticals	0.08	0.15	0.16	0.22
ELAN	Elanco	Pharmaceuticals	0.06	0.15	0.15	0.21
OGN	Organon & Co.	Pharmaceuticals	-0.07	0.15	0.17	—

ETFS

Fund stand-ins

An ETF is generally not 'substantially identical' to a single stock, which is why funds are the standard wash-sale-aware replacement.

Ticker	Name	Focus	Match	1Y	3Y	5Y	10Y
XLV	Health Care Select Sector SPDR	Health Care Sector	SECTOR	0.62	0.61	0.59	0.63
PPH	VanEck Pharma ETF	Pharmaceuticals	INDUSTRY	0.61	0.60	0.58	0.61
IYH	iShares US Healthcare ETF	Health Care Sector	SECTOR	0.61	0.60	0.57	0.62
FHLC	Fidelity MSCI Health Care ETF	Health Care Sector	SECTOR	0.60	0.59	0.56	0.61
VHT	Vanguard Health Care ETF	Health Care Sector	SECTOR	0.60	0.59	0.56	0.61
IHE	iShares US Pharmaceuticals ETF	Pharmaceuticals	INDUSTRY	0.50	0.50	0.50	0.55
IBB	iShares Biotechnology ETF	Biotechnology	INDUSTRY	0.44	0.46	0.38	0.46
XBI	SPDR S&P Biotech ETF	Biotechnology (Equal Wt)	INDUSTRY	0.31	0.33	0.25	0.37
XPH	SPDR S&P Pharmaceuticals	Pharmaceuticals (Equal Wt)	INDUSTRY	0.29	0.37	0.34	0.44
IHI	iShares Medical Devices ETF	Medical Devices	SUB-IND	0.28	0.31	0.32	0.43
IHF	iShares Health Care Providers	Health Care Providers	INDUSTRY	0.20	0.23	0.30	0.43
XHE	SPDR S&P Health Care Equipment	Medical Devices (Equal Wt)	SUB-IND	0.17	0.24	0.23	0.35

NEXT STEPS

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Replacement research for ABBV's peers

JNJ BMY MRK AZN GSK LLY PFE SNY ACAD NVO ALKS ANIP VTRS COLL SUPN JAZZ INVA INDV AMRX PBH CORT PTCT LQDA PCRX AMPH PAHC ZTS PRGO ELAN OGN

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Method: Pearson correlation of daily closing-price returns, Yahoo Finance data, series aligned by trading day, refreshed weekly. A cell is blank when overlapping history covers less than 60% of its window. Correlation is descriptive, not predictive. Wash-sale treatment depends on facts and circumstances — confirm with a tax professional. Not investment advice.