Correlated Assets

Assets that tend to move strongly with NGL

---

  BBWI  Bath & Body Works (0.82)

  NFE  New Fortress Energy (0.77)

  TDOC  Teladoc Health (0.74)

  ETR  Entergy (0.72)

  OVV  Ovintiv (0.7)

Uncorrelated Assets

Assets with little price relationship to NGL

---

  BYRN  Byrna (0.01)

  SSO  ProShares Ultra S&P500 (-0.01)

  ACGL  Arch (-0.02)

  HRI  Herc (-0.02)

  CAT  Caterpillar (-0.03)

Anticorrelated Assets

Assets that tend to move strongly against NGL

---

  VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.71)

  VIXY  ProShares VIX Short-Term Futures (-0.72)

  UHT  Universal Health Realty Income (-0.72)

  PPC  Pilgrim's Pride (-0.73)

  UL  Unilever (-0.82)

---