Correlated Assets

Assets that tend to move strongly with FREL

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  VNQ  Vanguard Real Estate Index (1.0)

  COMM  CommScope (0.88)

  CBRE  CBRE (0.87)

  SHW  Sherwin-Williams (0.86)

  EXR  Extra Space Storage (0.86)

Uncorrelated Assets

Assets with little price relationship to FREL

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  CMC  Commercial Metals (0.02)

  KOLD  ProShares UltraShort Bloomberg Natural Gas (-0.02)

  GTLB  Gitlab (0.02)

  UVXY  ProShares Ultra VIX Short-Term Futures (0.04)

  SHIP  Seanergy Maritime (-0.06)

Anticorrelated Assets

Assets that tend to move strongly against FREL

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  ETR  Entergy (-0.74)

  RILY  B. Riley Financial (-0.78)

  ALV  Autoliv (-0.79)

  OXY  Occidental Petroleum (-0.82)

  LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.82)

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