Correlated Assets

Assets that tend to move strongly with HXL

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  MEOH  Methanex (0.8)

  BBWI  Bath & Body Works (0.78)

  RXRX  Recursion Pharmaceuticals (0.75)

  WBA  Walgreens Boots Alliance (0.72)

  BA  Boeing (0.71)

Uncorrelated Assets

Assets with little price relationship to HXL

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  LOPE  Grand Canyon Education (0.0)

  MBUU  Malibu Boats (-0.01)

  ADI  Analog Devices (-0.01)

  AMPY  Amplify Energy (0.01)

  NOMD  Nomad Foods (-0.02)

Anticorrelated Assets

Assets that tend to move strongly against HXL

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  PTGX  Protagonist Therapeutics (-0.67)

  HEI  Heico (-0.67)

  SO  Southern (-0.68)

  VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.73)

  VIXY  ProShares VIX Short-Term Futures (-0.73)

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