Water Resources

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

Water Resources

Currency in USD · Last updated Jun 2, 2025

Asset Allocation

Position	Category/Sector	Target Weight
AOS A. O. Smith Corporation	Industrials	3.70%
AWK American Water Works Company, Inc.	Utilities	3.70%
AWR American States Water Company	Utilities	3.70%
BMI Badger Meter, Inc.	Industrials	3.70%
CWT California Water Service Group	Utilities	3.70%
ECL Ecolab Inc.	Basic Materials	3.70%
FELE Franklin Electric Co., Inc.	Industrials	3.70%
IEX IDEX Corporation	Industrials	3.70%
ITRI Itron, Inc.	Technology	3.70%
LNN Lindsay Corporation	Industrials	3.70%
MSEX Middlesex Water Company	Utilities	3.70%
MWA Mueller Water Products, Inc.	Industrials	3.70%
PNR Pentair plc	Industrials	3.70%
PRMW Primo Water Corporation	Consumer Defensive	3.70%
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP	Utilities	3.70%
SVT Servotronics, Inc.	Industrials	3.70%
TTC The Toro Company	Industrials	3.70%
TTEK Tetra Tech, Inc.	Industrials	3.70%
VIE.PA Veolia Environnement S.A.	Industrials	3.70%
VMI Valmont Industries, Inc.	Industrials	3.70%
WAT Waters Corporation	Healthcare	3.70%
WMS Advanced Drainage Systems, Inc.	Industrials	3.70%
WTRG Essential Utilities, Inc.	Utilities	3.70%
WTS Watts Water Technologies, Inc.	Industrials	3.70%
WTTR Select Energy Services, Inc.	Energy	3.70%
XYL Xylem Inc.	Industrials	3.70%
ZWS Zurn Water Solutions Corporation	Utilities	3.70%

Benchmark

S&P 500

Rebalance

Performance

Performance Chart

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The earliest data available for this chart is Apr 21, 2017, corresponding to the inception date of WTTR

Returns By Period

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	0.51%	3.96%	-2.00%	12.02%	14.19%	10.85%
Water Resources	17.25%	13.57%	7.89%	20.00%	17.36%	N/A
Portfolio components:
AWK American Water Works Company, Inc.	16.25%	-2.23%	5.68%	11.90%	4.32%	12.74%
XYL Xylem Inc.	9.32%	1.76%	0.07%	-9.57%	15.04%	14.56%
IEX IDEX Corporation	-12.96%	-0.30%	-21.01%	-12.10%	3.79%	10.27%
WMS Advanced Drainage Systems, Inc.	-4.59%	-5.07%	-18.38%	-36.28%	20.47%	15.18%
VMI Valmont Industries, Inc.	3.94%	3.45%	-8.19%	27.58%	23.96%	10.97%
ECL Ecolab Inc.	13.65%	4.01%	7.33%	15.52%	5.69%	9.91%
AOS A. O. Smith Corporation	-4.76%	-6.05%	-12.79%	-21.68%	8.26%	7.85%
ZWS Zurn Water Solutions Corporation	-2.50%	3.74%	-8.67%	16.73%	4.56%	11.06%
TTEK Tetra Tech, Inc.	-11.98%	12.99%	-15.52%	-16.08%	17.95%	21.90%
PNR Pentair plc	-0.91%	6.31%	-8.50%	23.18%	22.12%	10.64%
CWT California Water Service Group	5.61%	-2.52%	-6.48%	-3.01%	2.04%	8.98%
PRMW Primo Water Corporation	0.00%	0.00%	0.00%	11.67%	17.67%	N/A
VIE.PA Veolia Environnement S.A.	28.05%	-1.34%	23.24%	7.92%	14.78%	9.38%
TTC The Toro Company	-4.90%	7.23%	-12.11%	-3.80%	2.73%	9.67%
AWR American States Water Company	2.72%	-0.88%	-6.42%	9.71%	1.15%	9.48%
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP	48.04%	3.11%	39.02%	49.92%	17.95%	16.25%
MSEX Middlesex Water Company	11.54%	-3.40%	-10.29%	10.10%	-1.46%	12.32%
LNN Lindsay Corporation	18.45%	5.27%	5.55%	22.77%	9.32%	6.91%
WTRG Essential Utilities, Inc.	7.97%	-4.56%	-2.03%	5.67%	0.20%	6.49%
BMI Badger Meter, Inc.	17.37%	8.24%	14.83%	29.45%	33.32%	24.01%
WAT Waters Corporation	-5.86%	-0.35%	-9.22%	13.06%	11.81%	10.05%
FELE Franklin Electric Co., Inc.	-10.84%	-1.92%	-19.77%	-12.26%	12.32%	10.55%
SVT Servotronics, Inc.	321.03%	335.04%	322.06%	296.94%	43.02%	22.61%
WTS Watts Water Technologies, Inc.	19.59%	12.90%	12.67%	22.61%	24.80%	17.24%
MWA Mueller Water Products, Inc.	9.59%	-9.60%	-1.53%	33.64%	23.30%	11.73%
WTTR Select Energy Services, Inc.	-38.43%	-8.69%	-44.81%	-24.52%	7.80%	N/A
ITRI Itron, Inc.	6.47%	6.81%	-2.47%	7.48%	12.41%	12.42%

*Annualized

Monthly Returns

The table below presents the monthly returns of Water Resources, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2025	2.57%	-0.63%	-1.54%	1.65%	14.93%								17.25%
2024	-3.20%	5.80%	4.23%	-2.92%	5.35%	-2.08%	8.43%	0.71%	1.80%	-2.90%	5.23%	-7.98%	11.74%
2023	6.09%	-2.78%	0.36%	-1.87%	0.17%	8.73%	2.81%	-2.87%	-7.65%	-3.87%	8.83%	7.23%	14.46%
2022	-10.42%	-2.06%	3.00%	-9.23%	1.35%	-5.02%	11.90%	-3.80%	-7.31%	12.99%	4.79%	-4.22%	-10.63%
2021	1.00%	6.41%	1.20%	4.17%	2.13%	0.22%	5.06%	4.52%	-5.90%	3.09%	-0.68%	7.04%	31.34%
2020	-0.03%	-7.88%	-15.25%	10.12%	7.63%	-0.89%	4.46%	1.93%	-0.16%	1.67%	11.31%	6.10%	17.03%
2019	10.75%	5.28%	1.08%	2.71%	-5.33%	8.00%	1.42%	-0.58%	2.18%	2.95%	0.81%	3.78%	37.34%
2018	0.84%	-4.49%	0.36%	-1.09%	2.04%	-0.25%	4.63%	0.52%	-0.29%	-7.41%	5.91%	-7.75%	-7.68%
2017				1.37%	-0.25%	2.26%	3.39%	-1.58%	4.10%	1.97%	5.82%	-0.38%	17.74%

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Expense Ratio

Water Resources has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

The portfolio doesn't include any funds that charge management fees.

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 76, Water Resources is among the top 24% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
AWK American Water Works Company, Inc.	0.66	1.01	1.13	0.44	1.62
XYL Xylem Inc.	-0.33	-0.22	0.97	-0.25	-0.63
IEX IDEX Corporation	-0.38	-0.29	0.96	-0.27	-0.67
WMS Advanced Drainage Systems, Inc.	-0.91	-1.05	0.87	-0.69	-1.17
VMI Valmont Industries, Inc.	0.71	1.33	1.18	0.84	2.22
ECL Ecolab Inc.	0.82	0.93	1.13	0.75	2.17
AOS A. O. Smith Corporation	-0.75	-0.88	0.89	-0.56	-0.96
ZWS Zurn Water Solutions Corporation	0.61	1.21	1.15	0.38	1.98
TTEK Tetra Tech, Inc.	-0.47	-0.38	0.95	-0.31	-0.57
PNR Pentair plc	0.84	1.56	1.21	0.97	2.82
CWT California Water Service Group	-0.02	0.28	1.03	0.04	0.15
PRMW Primo Water Corporation	0.75	1.01	1.18	0.87	1.12
VIE.PA Veolia Environnement S.A.	0.34	0.58	1.08	0.36	0.83
TTC The Toro Company	-0.05	-0.80	0.90	-0.45	-1.09
AWR American States Water Company	0.56	1.07	1.13	0.49	1.76
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP	1.49	2.36	1.30	2.22	5.40
MSEX Middlesex Water Company	0.44	0.87	1.10	0.22	0.92
LNN Lindsay Corporation	0.72	1.33	1.17	0.62	3.57
WTRG Essential Utilities, Inc.	0.40	0.68	1.08	0.25	1.14
BMI Badger Meter, Inc.	0.95	1.74	1.22	1.24	3.76
WAT Waters Corporation	0.35	0.97	1.12	0.47	1.71
FELE Franklin Electric Co., Inc.	-0.38	-0.33	0.96	-0.40	-0.90
SVT Servotronics, Inc.	1.04	9.26	2.28	8.78	19.40
WTS Watts Water Technologies, Inc.	0.77	1.77	1.22	1.57	4.91
MWA Mueller Water Products, Inc.	0.93	1.90	1.24	2.17	5.56
WTTR Select Energy Services, Inc.	-0.44	-0.30	0.96	-0.32	-0.94
ITRI Itron, Inc.	0.20	0.58	1.07	0.30	0.69

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Water Resources Sharpe ratios as of Jun 2, 2025 (values are recalculated daily):

1-Year: 1.08
5-Year: 0.89
All Time: 0.70

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.59 to 1.12, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of Water Resources compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend yield

Water Resources provided a 1.64% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	1.64%	1.55%	1.40%	1.26%	0.87%	1.10%	1.34%	1.51%	2.85%	1.36%	1.53%	1.52%
Portfolio components:
AWK American Water Works Company, Inc.	2.18%	2.41%	2.11%	1.68%	1.25%	1.40%	1.59%	1.96%	1.77%	2.02%	2.23%	2.27%
XYL Xylem Inc.	1.21%	1.24%	1.15%	1.09%	0.93%	1.02%	1.22%	1.26%	1.06%	1.25%	1.55%	1.34%
IEX IDEX Corporation	1.54%	1.29%	1.16%	1.02%	0.90%	1.00%	1.12%	1.31%	1.10%	1.49%	1.62%	1.37%
WMS Advanced Drainage Systems, Inc.	0.60%	0.54%	0.38%	0.57%	0.31%	0.43%	3.48%	1.28%	1.13%	1.12%	0.79%	0.17%
VMI Valmont Industries, Inc.	0.78%	0.78%	1.03%	0.67%	0.80%	1.03%	1.00%	1.35%	0.90%	1.06%	1.41%	1.08%
ECL Ecolab Inc.	0.92%	1.01%	1.09%	1.42%	0.83%	0.87%	0.96%	1.15%	1.13%	1.51%	1.17%	1.11%
AOS A. O. Smith Corporation	2.08%	1.91%	1.84%	1.99%	1.23%	1.79%	1.89%	1.78%	0.91%	1.01%	0.99%	1.06%
ZWS Zurn Water Solutions Corporation	0.97%	0.88%	0.99%	0.95%	0.44%	0.39%	0.00%	0.00%	41.74%	0.00%	0.00%	0.00%
TTEK Tetra Tech, Inc.	0.68%	0.57%	0.61%	0.61%	0.45%	0.57%	0.66%	0.89%	0.81%	0.81%	1.19%	0.79%
PNR Pentair plc	0.97%	0.91%	1.21%	1.87%	1.10%	1.43%	1.57%	2.17%	1.95%	2.39%	2.58%	1.66%
CWT California Water Service Group	2.46%	2.43%	2.01%	1.65%	1.28%	1.57%	1.53%	1.57%	1.59%	2.04%	2.88%	2.64%
PRMW Primo Water Corporation	4.13%	4.50%	2.13%	1.80%	1.36%	1.53%	1.75%	1.72%	1.44%	2.11%	2.18%	3.49%
VIE.PA Veolia Environnement S.A.	4.62%	4.61%	3.92%	4.17%	2.09%	2.50%	3.88%	4.68%	3.76%	4.51%	3.20%	4.92%
TTC The Toro Company	1.95%	1.82%	1.44%	1.10%	1.09%	1.07%	1.16%	1.48%	1.11%	1.12%	1.44%	1.33%
AWR American States Water Company	2.36%	2.30%	2.06%	1.65%	1.35%	1.61%	1.34%	1.58%	1.72%	2.01%	2.08%	2.21%
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP	3.10%	1.96%	1.66%	1.88%	0.97%	2.93%	1.99%	3.85%	3.67%	0.69%	2.48%	4.86%
MSEX Middlesex Water Company	2.32%	2.50%	1.92%	1.50%	0.92%	1.44%	1.54%	1.71%	2.15%	1.88%	2.92%	3.31%
LNN Lindsay Corporation	1.03%	1.20%	1.07%	0.82%	0.86%	0.99%	1.29%	1.27%	1.34%	1.53%	1.52%	1.24%
WTRG Essential Utilities, Inc.	3.38%	3.48%	3.18%	2.33%	1.93%	2.05%	1.93%	2.48%	2.02%	2.46%	2.30%	2.37%
BMI Badger Meter, Inc.	0.55%	0.58%	0.64%	0.78%	0.71%	0.74%	0.99%	1.14%	1.03%	1.16%	1.33%	1.25%
WAT Waters Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FELE Franklin Electric Co., Inc.	1.19%	1.03%	0.93%	0.98%	0.74%	0.90%	1.01%	1.09%	0.92%	1.02%	1.42%	0.93%
SVT Servotronics, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.59%	1.61%	1.35%	1.49%	1.80%	0.00%
WTS Watts Water Technologies, Inc.	0.75%	0.81%	0.66%	0.79%	0.52%	0.76%	0.90%	1.27%	0.99%	1.09%	1.33%	0.91%
MWA Mueller Water Products, Inc.	1.08%	1.15%	1.72%	2.18%	1.55%	1.72%	1.71%	2.20%	1.28%	0.83%	0.90%	0.68%
WTTR Select Energy Services, Inc.	3.36%	1.89%	2.77%	0.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ITRI Itron, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Water Resources. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Water Resources was 36.45%, occurring on Mar 23, 2020. Recovery took 164 trading sessions.

The current Water Resources drawdown is 0.14%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-36.45%	Feb 18, 2020	25	Mar 23, 2020	164	Nov 9, 2020	189
-25.52%	Jan 3, 2022	118	Jun 16, 2022	280	Jul 17, 2023	398
-17.53%	Nov 7, 2024	107	Apr 8, 2025	28	May 19, 2025	135
-15.38%	Jul 27, 2023	67	Oct 27, 2023	40	Dec 22, 2023	107
-15.2%	Sep 24, 2018	66	Dec 24, 2018	29	Feb 5, 2019	95

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 27 assets, with an effective number of assets of 27.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	^GSPC	SVT	SBS	VIE.PA	WTTR	PRMW	AWK	WTRG	MSEX	AWR	CWT	WAT	WMS	TTEK	LNN	ITRI	TTC	ECL	VMI	BMI	AOS	ZWS	IEX	PNR	MWA	XYL	WTS	FELE	Portfolio
^GSPC	1.00	0.11	0.29	0.31	0.33	0.43	0.33	0.35	0.33	0.32	0.34	0.57	0.57	0.56	0.50	0.60	0.56	0.65	0.56	0.59	0.58	0.63	0.62	0.65	0.60	0.65	0.63	0.62	0.76
SVT	0.11	1.00	0.02	0.04	0.06	0.05	0.06	0.07	0.08	0.09	0.08	0.10	0.09	0.06	0.09	0.10	0.06	0.06	0.08	0.08	0.06	0.07	0.07	0.08	0.10	0.08	0.09	0.09	0.18
SBS	0.29	0.02	1.00	0.18	0.18	0.20	0.20	0.25	0.21	0.22	0.23	0.18	0.21	0.20	0.20	0.22	0.17	0.21	0.22	0.19	0.19	0.23	0.20	0.21	0.18	0.21	0.21	0.19	0.36
VIE.PA	0.31	0.04	0.18	1.00	0.15	0.23	0.25	0.27	0.23	0.22	0.25	0.20	0.23	0.24	0.19	0.22	0.21	0.29	0.23	0.21	0.22	0.25	0.22	0.23	0.24	0.26	0.24	0.23	0.37
WTTR	0.33	0.06	0.18	0.15	1.00	0.22	0.02	0.10	0.13	0.10	0.12	0.18	0.27	0.27	0.32	0.34	0.25	0.19	0.40	0.28	0.25	0.36	0.27	0.30	0.35	0.27	0.33	0.33	0.45
PRMW	0.43	0.05	0.20	0.23	0.22	1.00	0.23	0.24	0.24	0.22	0.24	0.31	0.33	0.34	0.30	0.35	0.30	0.34	0.32	0.33	0.33	0.37	0.34	0.35	0.37	0.36	0.36	0.36	0.49
AWK	0.33	0.06	0.20	0.25	0.02	0.23	1.00	0.78	0.60	0.70	0.66	0.29	0.20	0.26	0.22	0.19	0.25	0.40	0.20	0.27	0.25	0.20	0.30	0.25	0.24	0.30	0.26	0.24	0.45
WTRG	0.35	0.07	0.25	0.27	0.10	0.24	0.78	1.00	0.61	0.71	0.70	0.30	0.23	0.29	0.25	0.24	0.28	0.40	0.25	0.29	0.28	0.27	0.31	0.27	0.30	0.32	0.29	0.30	0.51
MSEX	0.33	0.08	0.21	0.23	0.13	0.24	0.60	0.61	1.00	0.70	0.70	0.29	0.28	0.35	0.33	0.27	0.28	0.36	0.28	0.35	0.30	0.30	0.32	0.29	0.35	0.31	0.37	0.38	0.54
AWR	0.32	0.09	0.22	0.22	0.10	0.22	0.70	0.71	0.70	1.00	0.85	0.29	0.24	0.34	0.29	0.25	0.29	0.38	0.27	0.33	0.29	0.30	0.33	0.29	0.34	0.32	0.37	0.36	0.54
CWT	0.34	0.08	0.23	0.25	0.12	0.24	0.66	0.70	0.70	0.85	1.00	0.30	0.25	0.35	0.34	0.28	0.31	0.39	0.29	0.35	0.31	0.30	0.34	0.30	0.36	0.32	0.38	0.38	0.56
WAT	0.57	0.10	0.18	0.20	0.18	0.31	0.29	0.30	0.29	0.29	0.30	1.00	0.37	0.41	0.37	0.42	0.45	0.47	0.41	0.42	0.46	0.46	0.53	0.50	0.42	0.51	0.46	0.47	0.59
WMS	0.57	0.09	0.21	0.23	0.27	0.33	0.20	0.23	0.28	0.24	0.25	0.37	1.00	0.46	0.46	0.47	0.47	0.42	0.49	0.50	0.51	0.55	0.50	0.53	0.55	0.50	0.57	0.55	0.66
TTEK	0.56	0.06	0.20	0.24	0.27	0.34	0.26	0.29	0.35	0.34	0.35	0.41	0.46	1.00	0.44	0.48	0.45	0.45	0.46	0.51	0.42	0.50	0.48	0.48	0.50	0.51	0.52	0.53	0.64
LNN	0.50	0.09	0.20	0.19	0.32	0.30	0.22	0.25	0.33	0.29	0.34	0.37	0.46	0.44	1.00	0.46	0.50	0.39	0.60	0.49	0.49	0.53	0.50	0.49	0.54	0.48	0.55	0.57	0.67
ITRI	0.60	0.10	0.22	0.22	0.34	0.35	0.19	0.24	0.27	0.25	0.28	0.42	0.47	0.48	0.46	1.00	0.44	0.44	0.50	0.57	0.48	0.52	0.48	0.52	0.56	0.54	0.54	0.54	0.68
TTC	0.56	0.06	0.17	0.21	0.25	0.30	0.25	0.28	0.28	0.29	0.31	0.45	0.47	0.45	0.50	0.44	1.00	0.47	0.53	0.46	0.55	0.52	0.58	0.55	0.51	0.54	0.55	0.56	0.65
ECL	0.65	0.06	0.21	0.29	0.19	0.34	0.40	0.40	0.36	0.38	0.39	0.47	0.42	0.45	0.39	0.44	0.47	1.00	0.43	0.46	0.51	0.49	0.55	0.55	0.49	0.58	0.51	0.51	0.65
VMI	0.56	0.08	0.22	0.23	0.40	0.32	0.20	0.25	0.28	0.27	0.29	0.41	0.49	0.46	0.60	0.50	0.53	0.43	1.00	0.50	0.51	0.57	0.56	0.58	0.59	0.57	0.61	0.63	0.71
BMI	0.59	0.08	0.19	0.21	0.28	0.33	0.27	0.29	0.35	0.33	0.35	0.42	0.50	0.51	0.49	0.57	0.46	0.46	0.50	1.00	0.50	0.55	0.52	0.53	0.59	0.58	0.59	0.61	0.70
AOS	0.58	0.06	0.19	0.22	0.25	0.33	0.25	0.28	0.30	0.29	0.31	0.46	0.51	0.42	0.49	0.48	0.55	0.51	0.51	0.50	1.00	0.60	0.60	0.64	0.56	0.61	0.60	0.63	0.69
ZWS	0.63	0.07	0.23	0.25	0.36	0.37	0.20	0.27	0.30	0.30	0.30	0.46	0.55	0.50	0.53	0.52	0.52	0.49	0.57	0.55	0.60	1.00	0.59	0.64	0.63	0.63	0.66	0.66	0.75
IEX	0.62	0.07	0.20	0.22	0.27	0.34	0.30	0.31	0.32	0.33	0.34	0.53	0.50	0.48	0.50	0.48	0.58	0.55	0.56	0.52	0.60	0.59	1.00	0.66	0.61	0.68	0.64	0.66	0.72
PNR	0.65	0.08	0.21	0.23	0.30	0.35	0.25	0.27	0.29	0.29	0.30	0.50	0.53	0.48	0.49	0.52	0.55	0.55	0.58	0.53	0.64	0.64	0.66	1.00	0.63	0.68	0.65	0.66	0.74
MWA	0.60	0.10	0.18	0.24	0.35	0.37	0.24	0.30	0.35	0.34	0.36	0.42	0.55	0.50	0.54	0.56	0.51	0.49	0.59	0.59	0.56	0.63	0.61	0.63	1.00	0.63	0.68	0.68	0.76
XYL	0.65	0.08	0.21	0.26	0.27	0.36	0.30	0.32	0.31	0.32	0.32	0.51	0.50	0.51	0.48	0.54	0.54	0.58	0.57	0.58	0.61	0.63	0.68	0.68	0.63	1.00	0.66	0.67	0.76
WTS	0.63	0.09	0.21	0.24	0.33	0.36	0.26	0.29	0.37	0.37	0.38	0.46	0.57	0.52	0.55	0.54	0.55	0.51	0.61	0.59	0.60	0.66	0.64	0.65	0.68	0.66	1.00	0.72	0.78
FELE	0.62	0.09	0.19	0.23	0.33	0.36	0.24	0.30	0.38	0.36	0.38	0.47	0.55	0.53	0.57	0.54	0.56	0.51	0.63	0.61	0.63	0.66	0.66	0.66	0.68	0.67	0.72	1.00	0.79
Portfolio	0.76	0.18	0.36	0.37	0.45	0.49	0.45	0.51	0.54	0.54	0.56	0.59	0.66	0.64	0.67	0.68	0.65	0.65	0.71	0.70	0.69	0.75	0.72	0.74	0.76	0.76	0.78	0.79	1.00

The correlation results are calculated based on daily price changes starting from Apr 24, 2017

Go to the full Correlations tool for more customization options

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