Correlated Assets

Assets that tend to move strongly with BWG

---

  TWO  Two Harbors Investment (0.71)

  UWMC  UWM Holdings Corporation (0.67)

  VOD  Vodafone (0.66)

  ARR  ARMOUR Residential REIT (0.64)

  AZN  Astrazeneca (0.64)

Uncorrelated Assets

Assets with little price relationship to BWG

---

  SAM  Boston Beer Co. (-0.0)

  EXC  Exelon (0.0)

  AA  Alcoa (0.01)

  SCO  ProShares UltraShort Bloomberg Crude Oil (0.01)

  SCHD  Schwab US Dividend Equity (-0.01)

Anticorrelated Assets

Assets that tend to move strongly against BWG

---

  WH  Wyndham Hotels & Resorts (-0.54)

  MMYT  MakeMyTrip (-0.54)

  LNG  Cheniere Energy (-0.54)

  BMA  Banco Macro (-0.59)

  YPF  YPF (-0.62)

---