Correlated Assets

Assets that tend to move strongly with FAZ

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  SPXS  Direxion Daily S&P 500 Bear 3X Shares (0.96)

  WBA  Walgreens Boots Alliance (0.89)

  IEP  Icahn (0.88)

  AMR  Alta Mesa Resources (0.87)

  XRX  Xerox (0.86)

Uncorrelated Assets

Assets with little price relationship to FAZ

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  FANG  Diamondback Energy (-0.01)

  UWMC  UWM Holdings Corporation (-0.03)

  IOVA  Iovance Biotherapeutics (0.04)

  BHVN  Biohaven Pharmaceutical (-0.04)

  NKLA  Nikola (0.05)

Anticorrelated Assets

Assets that tend to move strongly against FAZ

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  ORI  Old Republic International (-0.95)

  ERJ  Embraer (-0.95)

  UNM  Unum (-0.97)

  CINF  Cincinnati Financial (-0.97)

  JPM  JPMorgan Chase (-0.97)

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