Correlated Assets

Assets that tend to move strongly with VLRS

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  LYFT  Lyft (0.82)

  DAL  Delta Air Lines (0.8)

  TTI  Tetra Technologies (0.79)

  TDOC  Teladoc Health (0.79)

  DDOG  Datadog (0.78)

Uncorrelated Assets

Assets with little price relationship to VLRS

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  NXPI  NXP Semiconductors (0.0)

  WU  Western Union (0.0)

  TJX  TJX Companies (0.01)

  SATS  EchoStar (0.01)

  TIGR  UP Fintech (-0.01)

Anticorrelated Assets

Assets that tend to move strongly against VLRS

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  VIXY  ProShares VIX Short-Term Futures (-0.56)

  VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.57)

  UL  Unilever (-0.6)

  TYD  Direxion Daily 7-10 Year Treasury Bull 3X Shares (-0.66)

  KO  Coca-Cola (-0.71)

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