Tax-loss harvesting alternatives for HRMY

Among the 28 Biotechnology peers screened, EXEL (Exelixis) has tracked HRMY most closely over the past year, with a return correlation of 0.34. The strongest fund stand-in is XPH (SPDR S&P Pharmaceuticals) at 0.40 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
EXEL	Exelixis	Biotechnology	0.34	0.12	0.19	0.16
INCY	Incyte	Biotechnology	0.30	0.25	0.26	0.22
NBIX	Neurocrine Biosciences	Biotechnology	0.27	0.15	0.23	0.19
HALO	Halozyme	Biotechnology	0.25	0.23	0.26	0.25
VIR	Vir Biotechnology, Inc.	Biotechnology	0.24	0.16	0.16	0.10
LGND	Ligand Pharmaceuticals, Inc.	Biotechnology	0.23	0.27	0.27	0.23
ROIV	Roivant Sciences	Biotechnology	0.21	0.20	0.21	—
XNCR	Xencor Inc	Biotechnology	0.21	0.19	0.24	0.23
PTGX	Protagonist Therapeutics, Inc.	Biotechnology	0.21	0.18	0.17	0.15
TGTX	TG Therapeutics, Inc.	Biotechnology	0.20	0.24	0.27	0.24
CYTK	Cytokinetics	Biotechnology	0.20	0.12	0.18	0.16
BMRN	BioMarin Pharmaceutical	Biotechnology	0.20	0.22	0.25	0.22
RCUS	Arcus Biosciences, Inc.	Biotechnology	0.20	0.20	0.25	0.24
ALNY	Alnylam Pharmaceuticals	Biotechnology	0.19	0.12	0.16	0.15
VRTX	Vertex Pharmaceuticals	Biotechnology	0.19	0.13	0.18	0.14
KRYS	Krystal Biotech	Biotechnology	0.17	0.15	0.13	0.14
SRPT	Sarepta Therapeutics	Biotechnology	0.17	0.05	0.11	0.10
BIIB	Biogen Inc.	Biotechnology	0.17	0.21	0.23	0.16
UTHR	United Therapeutics	Biotechnology	0.17	0.10	0.13	0.11
ADMA	ADMA Biologics, Inc.	Biotechnology	0.16	0.16	0.21	0.17
REGN	Regeneron Pharmaceuticals	Biotechnology	0.16	0.16	0.19	0.15
ARWR	Arrowhead Pharmaceuticals	Biotechnology	0.15	0.20	0.29	0.25
GILD	Gilead Sciences	Biotechnology	0.12	0.12	0.14	0.13
FTRE	Fortrea	Biotechnology	0.12	0.17	0.16	—
RGEN	Repligen	Biotechnology	0.12	0.19	0.23	0.20
VCEL	Vericel	Biotechnology	0.11	0.22	0.26	0.24
MRNA	Moderna Inc.	Biotechnology	0.11	0.11	0.11	0.09
AMGN	Amgen Inc.	Biotechnology	0.10	0.15	0.17	0.16

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
XPH	SPDR S&P Pharmaceuticals	Pharmaceuticals (Equal Wt)	INDUSTRY	0.40	0.40	0.42	0.39
XBI	SPDR S&P Biotech ETF	Biotechnology (Equal Wt)	INDUSTRY	0.39	0.34	0.41	0.37
IBB	iShares Biotechnology ETF	Biotechnology	INDUSTRY	0.37	0.33	0.38	0.33
IHE	iShares US Pharmaceuticals ETF	Pharmaceuticals	INDUSTRY	0.30	0.30	0.32	0.30
VHT	Vanguard Health Care ETF	Health Care Sector	SECTOR	0.27	0.28	0.33	0.31
FHLC	Fidelity MSCI Health Care ETF	Health Care Sector	SECTOR	0.27	0.27	0.32	0.30
ARKG	ARK Genomic Revolution ETF	Genomics (Active)	INDUSTRY	0.27	0.29	0.36	0.32
IYH	iShares US Healthcare ETF	Health Care Sector	SECTOR	0.24	0.25	0.30	0.28
PPH	VanEck Pharma ETF	Pharmaceuticals	INDUSTRY	0.22	0.22	0.25	0.24
XLV	Health Care Select Sector SPDR	Health Care Sector	SECTOR	0.22	0.24	0.28	0.26
IHF	iShares Health Care Providers	Health Care Providers	INDUSTRY	0.18	0.18	0.24	0.24
IHI	iShares Medical Devices ETF	Medical Devices	SUB-IND	0.12	0.19	0.27	0.24

NEXT STEPS

Harvesting a loss in HRMY?

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Replacement research for HRMY's peers

EXEL INCY NBIX HALO VIR LGND ROIV XNCR PTGX TGTX CYTK BMRN RCUS ALNY VRTX KRYS SRPT BIIB UTHR ADMA REGN ARWR GILD FTRE RGEN VCEL MRNA AMGN

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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.