Tax-loss harvesting alternatives for PCRX

Among the 30 Pharmaceuticals peers screened, ACAD (Acadia Pharmaceuticals) has tracked PCRX most closely over the past year, with a return correlation of 0.17. The strongest fund stand-in is XPH (SPDR S&P Pharmaceuticals) at 0.25 over the past year. Correlations are computed from daily closing-price returns aligned by trading day.

Run this search live in the Screener →

STOCKS

Single-name peers

Ticker	Name	Sub-industry	1Y	3Y	5Y	10Y
ACAD	Acadia Pharmaceuticals	Pharmaceuticals	0.17	0.17	0.21	0.21
BMY	Bristol-Myers Squibb	Pharmaceuticals	0.15	0.14	0.15	0.19
AMPH	Amphstar Pharmaceuticals, Inc.	Pharmaceuticals	0.15	0.16	0.18	0.22
LQDA	Liquidia Corporation	Pharmaceuticals	0.12	0.06	0.11	0.11
INVA	Innoviva, Inc.	Pharmaceuticals	0.12	0.14	0.18	0.25
ANIP	ANI Pharmaceuticals, Inc.	Pharmaceuticals	0.12	0.11	0.15	0.22
GSK	GSK plc	Pharmaceuticals	0.11	0.09	0.13	0.17
ZTS	Zoetis Inc.	Pharmaceuticals	0.11	0.13	0.19	0.24
VTRS	Viatris	Pharmaceuticals	0.11	0.16	0.19	0.22
ABBV	AbbVie Inc.	Pharmaceuticals	0.10	0.04	0.07	0.19
COLL	Collegium Pharmaceutical, Inc.	Pharmaceuticals	0.10	0.14	0.16	0.21
AMRX	Amneal Pharmaceuticals	Pharmaceuticals	0.10	0.13	0.16	0.22
MRK	Merck & Co.	Pharmaceuticals	0.09	0.06	0.07	0.15
PBH	Prestige Consumer Healthcare	Pharmaceuticals	0.07	0.07	0.11	0.17
PAHC	Phibro Animal Health	Pharmaceuticals	0.07	0.10	0.13	0.18
LLY	Eli Lilly	Pharmaceuticals	0.07	0.01	0.04	0.12
AZN	AstraZeneca	Pharmaceuticals	0.07	0.09	0.12	0.16
SNY	Sanofi S.A.	Pharmaceuticals	0.07	0.10	0.13	0.17
JNJ	Johnson & Johnson	Pharmaceuticals	0.07	0.11	0.13	0.19
ELAN	Elanco	Pharmaceuticals	0.06	0.15	0.20	0.23
PTCT	PTC Therapeutics, Inc.	Pharmaceuticals	0.04	0.10	0.15	0.16
INDV	Indivior	Pharmaceuticals	0.04	0.11	0.00	0.00
CORT	Corcept Therapeutics Incorporated	Pharmaceuticals	0.04	0.09	0.12	0.15
NVO	Novo Nordisk	Pharmaceuticals	0.04	0.06	0.07	0.10
OGN	Organon & Co.	Pharmaceuticals	0.04	0.07	0.11	—
PFE	Pfizer Inc.	Pharmaceuticals	0.03	0.07	0.09	0.16
ALKS	Alkermes plc	Pharmaceuticals	0.03	0.14	0.17	0.25
SUPN	Supernus Pharmaceuticals, Inc.	Pharmaceuticals	0.02	0.08	0.16	0.22
JAZZ	Jazz Pharmaceuticals	Pharmaceuticals	0.00	0.13	0.19	0.26
PRGO	Perrigo	Pharmaceuticals	-0.02	0.06	0.11	0.18

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	0.25	0.29	0.34	0.43
XHE	SPDR S&P Health Care Equipment	Medical Devices (Equal Wt)	SUB-IND	0.18	0.19	0.27	0.34
IHE	iShares US Pharmaceuticals ETF	Pharmaceuticals	INDUSTRY	0.16	0.19	0.25	0.36
IHI	iShares Medical Devices ETF	Medical Devices	SUB-IND	0.16	0.16	0.25	0.30
FHLC	Fidelity MSCI Health Care ETF	Health Care Sector	SECTOR	0.15	0.15	0.23	0.33
VHT	Vanguard Health Care ETF	Health Care Sector	SECTOR	0.14	0.15	0.24	0.33
XLV	Health Care Select Sector SPDR	Health Care Sector	SECTOR	0.14	0.14	0.21	0.30
PPH	VanEck Pharma ETF	Pharmaceuticals	INDUSTRY	0.14	0.13	0.20	0.31
IYH	iShares US Healthcare ETF	Health Care Sector	SECTOR	0.13	0.14	0.22	0.31
XBI	SPDR S&P Biotech ETF	Biotechnology (Equal Wt)	INDUSTRY	0.13	0.18	0.25	0.34
IBB	iShares Biotechnology ETF	Biotechnology	INDUSTRY	0.10	0.18	0.24	0.33
IHF	iShares Health Care Providers	Health Care Providers	INDUSTRY	0.08	0.10	0.18	0.28

NEXT STEPS

Harvesting a loss in PCRX?

Estimate what the harvest could save →Check the eight wash-sale traps →Document the trade with a Tax Memo →

Replacement research for PCRX's peers

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

Browse all tickers →

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.