moat-stocks
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification
moat-stocks
Currency in USD · Last updated May 9, 2025
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
ABBV AbbVie Inc. | Healthcare | 4.17% |
ADI Analog Devices, Inc. | Technology | 4.17% |
ADP Automatic Data Processing, Inc. | Industrials | 4.17% |
AWK American Water Works Company, Inc. | Utilities | 4.17% |
BA The Boeing Company | Industrials | 4.17% |
ECL Ecolab Inc. | Basic Materials | 4.17% |
HD The Home Depot, Inc. | Consumer Cyclical | 4.17% |
INGR Ingredion Incorporated | Consumer Defensive | 4.17% |
JNJ Johnson & Johnson | Healthcare | 4.17% |
KO The Coca-Cola Company | Consumer Defensive | 4.17% |
LMT Lockheed Martin Corporation | Industrials | 4.17% |
LRCX Lam Research Corporation | Technology | 4.17% |
MCD McDonald's Corporation | Consumer Cyclical | 4.17% |
MMM 3M Company | Industrials | 4.17% |
NEE NextEra Energy, Inc. | Utilities | 4.17% |
O Realty Income Corporation | Real Estate | 4.17% |
OTIS Otis Worldwide Corporation | Industrials | 4.17% |
PG The Procter & Gamble Company | Consumer Defensive | 4.17% |
ROK Rockwell Automation, Inc. | Industrials | 4.17% |
SHW | 4.17% | |
TER | 4.17% | |
V | 4.17% | |
WM | 4.17% | |
ZBH | 4.17% |
Every 3 months
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in moat-stocks, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
moat-stocks
Benchmark (^GSPC)
Portfolio components
The earliest data available for this chart is Mar 19, 2020, corresponding to the inception date of OTIS
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.70% | 13.67% | -5.18% | 9.18% | 14.14% | 10.43% |
| moat-stocks | 3.16% | 10.57% | -0.05% | 9.45% | 13.13% | N/A |
| Portfolio components: | ||||||
BA The Boeing Company | 8.31% | 37.53% | 26.97% | 6.29% | 7.54% | 4.03% |
O Realty Income Corporation | 7.85% | 8.12% | 2.64% | 8.55% | 6.95% | 7.43% |
MMM 3M Company | 9.86% | 10.98% | 7.14% | 49.80% | 6.76% | 3.98% |
JNJ Johnson & Johnson | 8.50% | 3.77% | 0.92% | 7.86% | 3.80% | 7.37% |
PG The Procter & Gamble Company | -4.18% | 0.81% | -1.69% | -1.52% | 9.16% | 10.10% |
KO The Coca-Cola Company | 15.15% | 4.02% | 13.48% | 16.62% | 12.51% | 9.11% |
HD The Home Depot, Inc. | -5.61% | 8.84% | -7.59% | 10.36% | 11.95% | 15.26% |
ZBH | -9.77% | -7.47% | -12.11% | -20.60% | -3.52% | N/A |
TER | -38.91% | 13.07% | -31.02% | -35.94% | 3.81% | N/A |
LRCX Lam Research Corporation | 4.01% | 24.32% | -4.86% | -17.08% | 24.60% | 27.29% |
INGR Ingredion Incorporated | 0.94% | 11.37% | -7.43% | 18.72% | 13.54% | 8.10% |
ECL Ecolab Inc. | 8.42% | 12.30% | 3.42% | 9.72% | 6.24% | 9.62% |
OTIS Otis Worldwide Corporation | 5.51% | 7.09% | -2.82% | 4.64% | 14.62% | N/A |
WM | 15.96% | 7.70% | 6.51% | 12.62% | 20.24% | N/A |
ADI Analog Devices, Inc. | -4.14% | 22.09% | -10.21% | 0.66% | 15.17% | 14.85% |
ROK Rockwell Automation, Inc. | 2.36% | 33.00% | 6.06% | 8.44% | 10.61% | 11.44% |
ABBV AbbVie Inc. | 6.39% | 6.62% | -5.71% | 19.87% | 22.17% | 15.79% |
LMT Lockheed Martin Corporation | -1.63% | 7.03% | -12.83% | 4.47% | 7.52% | 12.57% |
V | 11.33% | 13.95% | 15.28% | 27.67% | 14.53% | N/A |
ADP Automatic Data Processing, Inc. | 5.46% | 10.96% | 1.80% | 29.12% | 18.56% | 15.94% |
SHW | 4.24% | 12.78% | -7.55% | 11.76% | 15.11% | N/A |
MCD McDonald's Corporation | 8.77% | 4.56% | 7.65% | 19.61% | 14.24% | 15.29% |
NEE NextEra Energy, Inc. | -3.92% | 6.57% | -7.07% | -3.58% | 6.08% | 13.48% |
AWK American Water Works Company, Inc. | 17.52% | 3.22% | 10.76% | 11.96% | 6.21% | 12.80% |
*Annualized
Monthly Returns
The table below presents the monthly returns of moat-stocks, 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 | 3.05% | 3.27% | -2.07% | -2.02% | 1.02% | 3.16% | |||||||
| 2024 | -2.02% | 3.96% | 3.37% | -3.50% | 3.99% | 0.44% | 4.66% | 3.83% | 0.95% | -3.65% | 3.14% | -4.42% | 10.58% |
| 2023 | 2.16% | -2.09% | 3.77% | 0.44% | -3.17% | 6.93% | 3.35% | -3.72% | -7.08% | -3.22% | 9.50% | 6.04% | 12.15% |
| 2022 | -7.45% | -2.64% | 2.35% | -4.07% | 0.32% | -5.92% | 8.09% | -4.82% | -9.24% | 10.14% | 8.01% | -1.91% | -9.02% |
| 2021 | -3.42% | 2.69% | 6.36% | 3.96% | 1.27% | -0.22% | 3.30% | 0.44% | -5.12% | 5.16% | 0.87% | 7.19% | 24.03% |
| 2020 | 9.72% | 10.87% | 5.63% | 2.67% | 3.86% | 2.97% | -1.44% | -1.46% | 12.13% | 2.20% | 57.03% |
Expense Ratio
moat-stocks 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
The current rank of moat-stocks is 55, indicating average performance compared to other portfolios on our website. Here’s 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 | |
|---|---|---|---|---|---|
BA The Boeing Company | 0.16 | 0.54 | 1.07 | 0.15 | 0.56 |
O Realty Income Corporation | 0.47 | 0.67 | 1.08 | 0.29 | 0.79 |
MMM 3M Company | 1.41 | 2.54 | 1.34 | 1.35 | 8.77 |
JNJ Johnson & Johnson | 0.42 | 0.70 | 1.10 | 0.47 | 1.28 |
PG The Procter & Gamble Company | -0.08 | 0.04 | 1.01 | -0.10 | -0.23 |
KO The Coca-Cola Company | 1.01 | 1.57 | 1.20 | 1.13 | 2.50 |
HD The Home Depot, Inc. | 0.45 | 0.73 | 1.08 | 0.42 | 1.12 |
ZBH | -0.80 | -0.91 | 0.87 | -0.44 | -1.79 |
TER | -0.68 | -0.77 | 0.90 | -0.62 | -1.25 |
LRCX Lam Research Corporation | -0.33 | -0.18 | 0.98 | -0.38 | -0.64 |
INGR Ingredion Incorporated | 0.74 | 1.57 | 1.21 | 1.12 | 2.39 |
ECL Ecolab Inc. | 0.47 | 0.90 | 1.13 | 0.73 | 2.17 |
OTIS Otis Worldwide Corporation | 0.21 | 0.49 | 1.07 | 0.44 | 0.94 |
WM | 0.63 | 0.94 | 1.14 | 1.03 | 2.34 |
ADI Analog Devices, Inc. | 0.02 | 0.37 | 1.05 | 0.04 | 0.12 |
ROK Rockwell Automation, Inc. | 0.23 | 0.59 | 1.07 | 0.20 | 0.70 |
ABBV AbbVie Inc. | 0.73 | 0.99 | 1.15 | 0.88 | 2.15 |
LMT Lockheed Martin Corporation | 0.20 | 0.44 | 1.07 | 0.17 | 0.33 |
V | 1.27 | 1.87 | 1.28 | 1.98 | 6.65 |
ADP Automatic Data Processing, Inc. | 1.54 | 2.10 | 1.29 | 2.31 | 7.93 |
SHW | 0.48 | 0.97 | 1.12 | 0.62 | 1.49 |
MCD McDonald's Corporation | 0.97 | 1.41 | 1.18 | 1.12 | 3.63 |
NEE NextEra Energy, Inc. | -0.13 | 0.12 | 1.02 | -0.06 | -0.12 |
AWK American Water Works Company, Inc. | 0.53 | 1.05 | 1.13 | 0.44 | 1.68 |
moat-stocks
Benchmark (^GSPC)
Portfolio components
Dividends
Dividend yield
moat-stocks provided a 2.01% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.01% | 2.01% | 2.15% | 2.03% | 1.84% | 1.97% | 2.01% | 2.24% | 1.85% | 2.17% | 2.24% | 2.07% |
| Portfolio components: | ||||||||||||
BA The Boeing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.96% | 2.52% | 2.12% | 1.93% | 2.80% | 2.52% | 2.25% |
O Realty Income Corporation | 5.65% | 5.37% | 5.33% | 4.68% | 6.95% | 4.65% | 3.69% | 4.19% | 4.45% | 4.19% | 4.42% | 4.59% |
MMM 3M Company | 2.01% | 2.60% | 5.49% | 4.97% | 3.33% | 3.36% | 3.26% | 2.86% | 2.00% | 2.49% | 2.72% | 2.08% |
JNJ Johnson & Johnson | 3.19% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% | 2.64% |
PG The Procter & Gamble Company | 2.57% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.32% | 2.78% |
KO The Coca-Cola Company | 2.76% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% | 2.89% |
HD The Home Depot, Inc. | 2.48% | 2.31% | 2.41% | 2.41% | 1.59% | 2.26% | 2.49% | 2.40% | 1.88% | 2.06% | 1.78% | 1.79% |
ZBH | 1.01% | 0.91% | 0.79% | 0.75% | 0.76% | 0.62% | 0.64% | 0.93% | 0.80% | 0.93% | 0.86% | 0.78% |
TER | 0.62% | 0.38% | 0.41% | 0.50% | 0.24% | 0.33% | 0.53% | 1.15% | 0.67% | 0.94% | 1.16% | 0.91% |
LRCX Lam Research Corporation | 1.19% | 1.19% | 0.95% | 1.53% | 0.78% | 1.04% | 1.54% | 2.79% | 1.01% | 1.28% | 1.36% | 0.68% |
INGR Ingredion Incorporated | 2.32% | 1.72% | 2.75% | 2.78% | 2.67% | 3.23% | 2.70% | 2.68% | 1.57% | 1.52% | 1.82% | 1.98% |
ECL Ecolab Inc. | 0.96% | 1.01% | 1.09% | 1.42% | 0.83% | 0.87% | 0.96% | 1.15% | 1.13% | 1.51% | 1.17% | 1.11% |
OTIS Otis Worldwide Corporation | 1.60% | 1.63% | 1.46% | 1.42% | 1.06% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WM | 1.32% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% | 2.92% |
ADI Analog Devices, Inc. | 1.85% | 1.73% | 1.73% | 1.85% | 1.57% | 1.68% | 1.82% | 2.24% | 2.02% | 2.31% | 2.89% | 2.67% |
ROK Rockwell Automation, Inc. | 1.76% | 1.77% | 1.54% | 1.76% | 1.24% | 1.65% | 1.94% | 2.42% | 1.59% | 2.18% | 2.61% | 2.15% |
ABBV AbbVie Inc. | 3.44% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% | 2.54% |
LMT Lockheed Martin Corporation | 2.72% | 2.62% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% | 2.85% |
V | 0.63% | 0.68% | 0.72% | 0.76% | 0.62% | 0.56% | 0.56% | 0.67% | 0.61% | 0.75% | 0.64% | 0.64% |
ADP Automatic Data Processing, Inc. | 1.91% | 1.96% | 2.21% | 1.83% | 1.55% | 2.08% | 1.92% | 2.14% | 2.00% | 2.10% | 2.36% | 2.10% |
SHW | 0.83% | 0.84% | 0.78% | 1.01% | 0.62% | 0.73% | 0.77% | 0.87% | 0.83% | 1.25% | 1.03% | 0.84% |
MCD McDonald's Corporation | 2.19% | 2.34% | 2.10% | 2.15% | 1.96% | 2.35% | 2.39% | 2.36% | 2.23% | 2.97% | 2.91% | 3.50% |
NEE NextEra Energy, Inc. | 3.09% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
AWK American Water Works Company, Inc. | 2.10% | 2.41% | 2.11% | 1.68% | 1.25% | 1.40% | 1.59% | 1.96% | 1.77% | 2.02% | 2.23% | 2.27% |
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.
moat-stocks
Benchmark (^GSPC)
Portfolio components
Worst Drawdowns
The table below displays the maximum drawdowns of the moat-stocks. 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 moat-stocks was 22.52%, occurring on Oct 12, 2022. Recovery took 194 trading sessions.
The current moat-stocks drawdown is 3.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.52% | Dec 30, 2021 | 198 | Oct 12, 2022 | 194 | Jul 24, 2023 | 392 |
| -15.06% | Jul 31, 2023 | 64 | Oct 27, 2023 | 40 | Dec 26, 2023 | 104 |
| -12.58% | Mar 10, 2025 | 22 | Apr 8, 2025 | — | — | — |
| -8.63% | Mar 20, 2020 | 2 | Mar 23, 2020 | 1 | Mar 24, 2020 | 3 |
| -8.22% | Jun 9, 2020 | 14 | Jun 26, 2020 | 29 | Aug 7, 2020 | 43 |
Volatility
Volatility Chart
The current moat-stocks volatility is 7.58%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
moat-stocks
Benchmark (^GSPC)
Portfolio components
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 24 assets, with an effective number of assets of 24.00, 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 | ABBV | LMT | BA | JNJ | LRCX | INGR | TER | PG | NEE | AWK | ZBH | O | MCD | ADI | WM | MMM | OTIS | KO | ROK | HD | V | SHW | ADP | ECL | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.32 | 0.28 | 0.49 | 0.31 | 0.69 | 0.42 | 0.72 | 0.35 | 0.43 | 0.39 | 0.51 | 0.42 | 0.47 | 0.73 | 0.46 | 0.54 | 0.57 | 0.43 | 0.67 | 0.62 | 0.66 | 0.60 | 0.64 | 0.67 | 0.86 |
| ABBV | 0.32 | 1.00 | 0.27 | 0.12 | 0.48 | 0.13 | 0.28 | 0.15 | 0.37 | 0.24 | 0.31 | 0.34 | 0.27 | 0.28 | 0.20 | 0.33 | 0.27 | 0.24 | 0.39 | 0.24 | 0.28 | 0.31 | 0.27 | 0.34 | 0.29 | 0.43 |
| LMT | 0.28 | 0.27 | 1.00 | 0.27 | 0.32 | 0.09 | 0.36 | 0.08 | 0.33 | 0.29 | 0.29 | 0.27 | 0.33 | 0.34 | 0.12 | 0.42 | 0.31 | 0.27 | 0.44 | 0.22 | 0.24 | 0.29 | 0.24 | 0.38 | 0.29 | 0.43 |
| BA | 0.49 | 0.12 | 0.27 | 1.00 | 0.12 | 0.34 | 0.36 | 0.35 | 0.11 | 0.19 | 0.13 | 0.33 | 0.27 | 0.28 | 0.36 | 0.18 | 0.35 | 0.33 | 0.23 | 0.38 | 0.28 | 0.34 | 0.25 | 0.35 | 0.36 | 0.51 |
| JNJ | 0.31 | 0.48 | 0.32 | 0.12 | 1.00 | 0.09 | 0.27 | 0.10 | 0.50 | 0.37 | 0.45 | 0.36 | 0.36 | 0.36 | 0.18 | 0.39 | 0.35 | 0.29 | 0.49 | 0.23 | 0.30 | 0.33 | 0.31 | 0.39 | 0.36 | 0.47 |
| LRCX | 0.69 | 0.13 | 0.09 | 0.34 | 0.09 | 1.00 | 0.22 | 0.83 | 0.12 | 0.18 | 0.13 | 0.27 | 0.19 | 0.21 | 0.76 | 0.18 | 0.32 | 0.39 | 0.14 | 0.51 | 0.40 | 0.41 | 0.39 | 0.37 | 0.39 | 0.61 |
| INGR | 0.42 | 0.28 | 0.36 | 0.36 | 0.27 | 0.22 | 1.00 | 0.24 | 0.33 | 0.27 | 0.29 | 0.37 | 0.36 | 0.39 | 0.27 | 0.34 | 0.44 | 0.38 | 0.46 | 0.36 | 0.33 | 0.37 | 0.32 | 0.38 | 0.42 | 0.55 |
| TER | 0.72 | 0.15 | 0.08 | 0.35 | 0.10 | 0.83 | 0.24 | 1.00 | 0.11 | 0.21 | 0.17 | 0.31 | 0.22 | 0.24 | 0.79 | 0.20 | 0.36 | 0.40 | 0.16 | 0.52 | 0.43 | 0.44 | 0.41 | 0.41 | 0.42 | 0.64 |
| PG | 0.35 | 0.37 | 0.33 | 0.11 | 0.50 | 0.12 | 0.33 | 0.11 | 1.00 | 0.46 | 0.52 | 0.32 | 0.36 | 0.44 | 0.19 | 0.48 | 0.35 | 0.33 | 0.62 | 0.23 | 0.35 | 0.36 | 0.38 | 0.41 | 0.43 | 0.51 |
| NEE | 0.43 | 0.24 | 0.29 | 0.19 | 0.37 | 0.18 | 0.27 | 0.21 | 0.46 | 1.00 | 0.68 | 0.34 | 0.45 | 0.37 | 0.25 | 0.43 | 0.32 | 0.36 | 0.46 | 0.31 | 0.38 | 0.32 | 0.40 | 0.41 | 0.43 | 0.56 |
| AWK | 0.39 | 0.31 | 0.29 | 0.13 | 0.45 | 0.13 | 0.29 | 0.17 | 0.52 | 0.68 | 1.00 | 0.35 | 0.51 | 0.42 | 0.24 | 0.48 | 0.31 | 0.35 | 0.50 | 0.32 | 0.40 | 0.32 | 0.42 | 0.41 | 0.44 | 0.57 |
| ZBH | 0.51 | 0.34 | 0.27 | 0.33 | 0.36 | 0.27 | 0.37 | 0.31 | 0.32 | 0.34 | 0.35 | 1.00 | 0.37 | 0.36 | 0.39 | 0.36 | 0.38 | 0.40 | 0.40 | 0.41 | 0.37 | 0.43 | 0.35 | 0.41 | 0.48 | 0.59 |
| O | 0.42 | 0.27 | 0.33 | 0.27 | 0.36 | 0.19 | 0.36 | 0.22 | 0.36 | 0.45 | 0.51 | 0.37 | 1.00 | 0.39 | 0.29 | 0.41 | 0.39 | 0.39 | 0.50 | 0.34 | 0.39 | 0.39 | 0.43 | 0.45 | 0.46 | 0.59 |
| MCD | 0.47 | 0.28 | 0.34 | 0.28 | 0.36 | 0.21 | 0.39 | 0.24 | 0.44 | 0.37 | 0.42 | 0.36 | 0.39 | 1.00 | 0.29 | 0.48 | 0.36 | 0.40 | 0.54 | 0.37 | 0.41 | 0.43 | 0.38 | 0.45 | 0.43 | 0.57 |
| ADI | 0.73 | 0.20 | 0.12 | 0.36 | 0.18 | 0.76 | 0.27 | 0.79 | 0.19 | 0.25 | 0.24 | 0.39 | 0.29 | 0.29 | 1.00 | 0.26 | 0.40 | 0.45 | 0.24 | 0.56 | 0.45 | 0.48 | 0.43 | 0.47 | 0.48 | 0.69 |
| WM | 0.46 | 0.33 | 0.42 | 0.18 | 0.39 | 0.18 | 0.34 | 0.20 | 0.48 | 0.43 | 0.48 | 0.36 | 0.41 | 0.48 | 0.26 | 1.00 | 0.36 | 0.41 | 0.52 | 0.39 | 0.42 | 0.40 | 0.45 | 0.53 | 0.53 | 0.60 |
| MMM | 0.54 | 0.27 | 0.31 | 0.35 | 0.35 | 0.32 | 0.44 | 0.36 | 0.35 | 0.32 | 0.31 | 0.38 | 0.39 | 0.36 | 0.40 | 0.36 | 1.00 | 0.49 | 0.42 | 0.53 | 0.49 | 0.41 | 0.47 | 0.47 | 0.54 | 0.65 |
| OTIS | 0.57 | 0.24 | 0.27 | 0.33 | 0.29 | 0.39 | 0.38 | 0.40 | 0.33 | 0.36 | 0.35 | 0.40 | 0.39 | 0.40 | 0.45 | 0.41 | 0.49 | 1.00 | 0.37 | 0.55 | 0.47 | 0.44 | 0.46 | 0.48 | 0.51 | 0.67 |
| KO | 0.43 | 0.39 | 0.44 | 0.23 | 0.49 | 0.14 | 0.46 | 0.16 | 0.62 | 0.46 | 0.50 | 0.40 | 0.50 | 0.54 | 0.24 | 0.52 | 0.42 | 0.37 | 1.00 | 0.32 | 0.35 | 0.44 | 0.40 | 0.50 | 0.49 | 0.61 |
| ROK | 0.67 | 0.24 | 0.22 | 0.38 | 0.23 | 0.51 | 0.36 | 0.52 | 0.23 | 0.31 | 0.32 | 0.41 | 0.34 | 0.37 | 0.56 | 0.39 | 0.53 | 0.55 | 0.32 | 1.00 | 0.51 | 0.46 | 0.51 | 0.49 | 0.55 | 0.71 |
| HD | 0.62 | 0.28 | 0.24 | 0.28 | 0.30 | 0.40 | 0.33 | 0.43 | 0.35 | 0.38 | 0.40 | 0.37 | 0.39 | 0.41 | 0.45 | 0.42 | 0.49 | 0.47 | 0.35 | 0.51 | 1.00 | 0.45 | 0.63 | 0.51 | 0.53 | 0.68 |
| V | 0.66 | 0.31 | 0.29 | 0.34 | 0.33 | 0.41 | 0.37 | 0.44 | 0.36 | 0.32 | 0.32 | 0.43 | 0.39 | 0.43 | 0.48 | 0.40 | 0.41 | 0.44 | 0.44 | 0.46 | 0.45 | 1.00 | 0.47 | 0.56 | 0.55 | 0.67 |
| SHW | 0.60 | 0.27 | 0.24 | 0.25 | 0.31 | 0.39 | 0.32 | 0.41 | 0.38 | 0.40 | 0.42 | 0.35 | 0.43 | 0.38 | 0.43 | 0.45 | 0.47 | 0.46 | 0.40 | 0.51 | 0.63 | 0.47 | 1.00 | 0.52 | 0.63 | 0.69 |
| ADP | 0.64 | 0.34 | 0.38 | 0.35 | 0.39 | 0.37 | 0.38 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.45 | 0.45 | 0.47 | 0.53 | 0.47 | 0.48 | 0.50 | 0.49 | 0.51 | 0.56 | 0.52 | 1.00 | 0.56 | 0.72 |
| ECL | 0.67 | 0.29 | 0.29 | 0.36 | 0.36 | 0.39 | 0.42 | 0.42 | 0.43 | 0.43 | 0.44 | 0.48 | 0.46 | 0.43 | 0.48 | 0.53 | 0.54 | 0.51 | 0.49 | 0.55 | 0.53 | 0.55 | 0.63 | 0.56 | 1.00 | 0.76 |
| Portfolio | 0.86 | 0.43 | 0.43 | 0.51 | 0.47 | 0.61 | 0.55 | 0.64 | 0.51 | 0.56 | 0.57 | 0.59 | 0.59 | 0.57 | 0.69 | 0.60 | 0.65 | 0.67 | 0.61 | 0.71 | 0.68 | 0.67 | 0.69 | 0.72 | 0.76 | 1.00 |
The correlation results are calculated based on daily price changes starting from Mar 20, 2020