Correlated Assets

Assets that tend to move strongly with PAYX

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  DDM  ProShares Ultra Dow30 (0.83)

  GWRE  Guidewire Software (0.82)

  IWD  iShares Russell 1000 Value (0.82)

  SPLV  Invesco S&P 500 Low Volatility (0.82)

  NOBL  ProShares S&P 500 Dividend Aristocrats (0.81)

Uncorrelated Assets

Assets with little price relationship to PAYX

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  UROY  Uranium Royalty (-0.01)

  IAC  IAC InterActiveCorp. (0.01)

  OUST  Ouster (0.02)

  BE  Bloom Energy (-0.02)

  GTLB  Gitlab (0.02)

Anticorrelated Assets

Assets that tend to move strongly against PAYX

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  DLTR  Dollar Tree (-0.72)

  RC  Ready (-0.73)

  BIIB  Biogen (-0.74)

  SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.76)

  SDS  ProShares UltraShort S&P500 (-0.77)

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