Correlated Assets

Assets that tend to move strongly with ARB

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  CBRE  CBRE (0.92)

  SPLV  Invesco S&P 500 Low Volatility (0.91)

  CINF  Cincinnati Financial (0.91)

  VTV  Vanguard Value (0.91)

  ICE  Intercontinental Exchange (0.89)

Uncorrelated Assets

Assets with little price relationship to ARB

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  AZN  Astrazeneca (0.0)

  APH  Amphenol (-0.0)

  NKLA  Nikola (0.02)

  WPC  W. P. Carey (-0.03)

  CWH  Camping World (-0.04)

Anticorrelated Assets

Assets that tend to move strongly against ARB

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  AMR  Alta Mesa Resources (-0.8)

  APLS  Apellis Pharmaceuticals (-0.82)

  WBA  Walgreens Boots Alliance (-0.82)

  LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.86)

  SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.89)

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