Correlated Assets

Assets that tend to move strongly with ESTC

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  BA  Boeing (0.62)

  RMBS  Rambus (0.62)

  MCK  Mckesson (0.56)

  VRNT  Verint Systems (0.53)

  APG  APi (0.51)

Uncorrelated Assets

Assets with little price relationship to ESTC

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  CNI  Canadian National Railway (0.0)

  CHWY  Chewy (0.0)

  PRU  Prudential Financial (0.0)

  CAL  Caleres (-0.0)

  COF  Capital One Financial (-0.0)

Anticorrelated Assets

Assets that tend to move strongly against ESTC

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  RARE  Ultragenyx Pharmaceutical (-0.5)

  YOU  Clear Secure (-0.55)

  VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.58)

  EXAS  Exact Sciences (-0.61)

  NOC  Northrop Grumman (-0.62)

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