Correlated Assets

Assets that tend to move strongly with IYE

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  NOG  Northern Oil and Gas (0.81)

  HES  Hess (0.8)

  OVV  Ovintiv (0.77)

  DAR  Darling Ingredients (0.67)

  LAC  Lithium Americas (0.66)

Uncorrelated Assets

Assets with little price relationship to IYE

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  MDY  State Street Global Advisors - S&P MidCap 400 (0.0)

  NCLH  Norwegian Cruise Line (-0.0)

  ABR  Arbor Realty (0.0)

  VZ  Verizon Communications (-0.0)

  LYV  Live Nation Entertainment (-0.0)

Anticorrelated Assets

Assets that tend to move strongly against IYE

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  VIXY  ProShares VIX Short-Term Futures (-0.52)

  VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.52)

  LLY  Lilly(Eli) (-0.52)

  KO  Coca-Cola (-0.52)

  SCO  ProShares UltraShort Bloomberg Crude Oil (-0.53)

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