PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
44_Dividend
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Diversification

44_Dividend

Currency in USD · Last updated Apr 3, 2026

Asset Allocation

43 positions 100.19%EquityEquity
PositionCategory/SectorTarget Weight
ALV.DE
Allianz SE		Financial Services
2.33%
ANDR.VI
Andritz AG		Industrials
2.33%
BAS.DE
BASF SE		Basic Materials
2.33%
BAYN.DE
Bayer Aktiengesellschaft		Healthcare
2.33%
BSN.DE
Danone S.A.		Consumer Defensive
2.33%
CCI
Crown Castle International Corp.		Real Estate
2.33%
CSCO
Cisco Systems, Inc.		Technology
2.33%
CVX
Chevron Corporation		Energy
2.33%
DGE.L
Diageo plc		Consumer Defensive
2.33%
EPR
EPR Properties		Real Estate
2.33%
FIE.DE
Fielmann Aktiengesellschaft		Healthcare
2.33%
FPE.DE
Fuchs Petrolub SE		Basic Materials
2.33%
FRE.DE
Fresenius SE & Co. KGaA		Healthcare
2.33%
GEBN.SW
Geberit AG		Industrials
2.33%
GLEN.L
Glencore plc		Basic Materials
2.33%
HD
The Home Depot, Inc.		Consumer Cyclical
2.33%
HEN3.DE
Henkel AG & Co. KGaA		Consumer Defensive
2.33%
IBM
International Business Machines Corporation		Technology
2.33%
IMB.L
Imperial Brands plc		Consumer Defensive
2.33%
ITOCY
Itochu Corp ADR		Industrials
2.33%
JUN3.DE
Jungheinrich Aktiengesellschaft		Industrials
2.33%
KHC
The Kraft Heinz Company		Consumer Defensive
2.33%
KNEBV.HE
KONE Oyj		Industrials
2.33%
KO
The Coca-Cola Company		Consumer Defensive
2.33%
KSB3.DE
KSB SE & Co. KGaA		Industrials
2.33%
MCD
McDonald's Corporation		Consumer Cyclical
2.33%
MMM
3M Company		Industrials
2.33%
MO
Altria Group, Inc.		Consumer Defensive
2.33%
NEE
NextEra Energy, Inc.		Utilities
2.33%
NOEJ.DE
Norma Group AG NA O.N.		Industrials
2.33%
O
Realty Income Corporation		Real Estate
2.33%
OHI
Omega Healthcare Investors, Inc.		Real Estate
2.33%
PG
The Procter & Gamble Company		Consumer Defensive
2.33%
RAA.DE
RATIONAL Aktiengesellschaft		Industrials
2.33%
RIO1.DE
Rio Tinto Group		Basic Materials
2.33%
SHL.DE
Siemens Healthineers AG		Healthcare
2.33%
SOBA.DE
AT&T Inc		Communication Services
2.33%
UNA.AS
Unilever PLC		Consumer Defensive
2.33%
UNP
Union Pacific Corporation		Industrials
2.33%
VACNY
VAT Group AG		Industrials
2.33%
VFC
V.F. Corporation		Consumer Cyclical
2.33%
WBA
Walgreens Boots Alliance, Inc.		Healthcare
2.33%
YAR.OL
Yara International ASA		Basic Materials
2.33%

S&P 500 Index

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 44_Dividend, 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.

Loading graphics...

The earliest data available for this chart is Dec 4, 2020, corresponding to the inception date of UNA.AS

Returns By Period

1D1MYTD6M1Y3Y*5Y*10Y*
Benchmark
S&P 500 Index
0.11%-3.43%-3.84%-1.98%16.08%16.86%10.37%12.29%
Portfolio
44_Dividend
-0.40%-4.49%1.50%4.84%17.47%10.99%6.56%—
Portfolio components:
MMM
3M Company		-0.54%-8.84%-9.36%-8.22%-0.42%22.35%1.44%3.72%
MO
Altria Group, Inc.		0.43%-2.94%15.96%3.55%23.23%22.72%13.73%7.41%
ANDR.VI
Andritz AG		-1.90%-9.32%-6.34%2.51%28.95%5.79%13.22%6.67%
SOBA.DE
AT&T Inc		-0.64%-0.92%14.68%5.71%2.56%18.79%10.22%5.73%
BAS.DE
BASF SE		-0.45%11.41%12.60%14.90%23.70%10.33%-0.81%3.17%
BAYN.DE
Bayer Aktiengesellschaft		-1.51%2.95%5.34%34.24%97.99%-9.23%-3.81%-6.15%
CVX
Chevron Corporation		0.79%5.40%31.83%32.46%24.90%9.95%18.30%12.53%
CSCO
Cisco Systems, Inc.		1.95%0.62%3.69%17.63%31.64%18.25%12.05%14.28%
KO
The Coca-Cola Company		0.84%-2.64%10.50%17.69%10.67%10.37%11.14%8.39%
CCI
Crown Castle International Corp.		4.89%-4.90%-3.41%-9.02%-14.48%-8.88%-9.27%3.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 7, 2020, 44_Dividend's average daily return is +0.03%, while the average monthly return is +0.75%. At this rate, your investment would double in approximately 7.7 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2022 with a return of +10.7%, while the worst month was Sep 2022 at -9.6%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, 44_Dividend closed higher 54% of trading days. The best single day was Nov 10, 2022 with a return of +4.4%, while the worst single day was Apr 4, 2025 at -5.2%.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.03%5.29%-8.29%0.07%1.50%
20254.47%2.70%0.76%1.77%3.39%3.22%-1.86%3.90%0.27%-0.61%2.69%2.06%25.04%
2024-2.85%-0.99%4.29%-2.07%4.21%-2.30%4.41%3.60%4.20%-5.38%-0.74%-3.32%2.37%
20235.45%-2.58%2.65%2.62%-6.22%4.38%3.60%-3.50%-5.26%-3.03%7.44%6.63%11.45%
2022-3.02%-3.11%0.44%-4.25%2.82%-9.40%3.78%-5.68%-9.59%9.37%10.74%-1.57%-11.18%
20210.29%0.91%6.14%4.39%2.61%-1.06%2.08%-0.20%-5.44%2.48%-3.57%6.87%15.84%

Benchmark Metrics

44_Dividend has an annualized alpha of 2.22%, beta of 0.51, and R² of 0.42 versus S&P 500 Index. Calculated based on daily prices since December 07, 2020.

  • This portfolio participated in 82.10% of S&P 500 Index downside but only 70.81% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.51 may look defensive, but with R² of 0.42 this portfolio is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
  • R² of 0.42 means the benchmark explains less than half of this portfolio's behavior — treat beta with caution or consider switching to a more representative benchmark.
Alpha
2.22%
Beta
0.51
R²
0.42
Upside Capture
70.81%
Downside Capture
82.10%

Expense Ratio

44_Dividend 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.

Return for Risk

Risk / Return Rank

44_Dividend ranks 61 for risk / return — better than 61% of portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

44_Dividend Risk / Return Rank: 6161
Overall Rank
44_Dividend Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
44_Dividend Sortino Ratio Rank: 5050
Sortino Ratio Rank
44_Dividend Omega Ratio Rank: 5151
Omega Ratio Rank
44_Dividend Calmar Ratio Rank: 7272
Calmar Ratio Rank
44_Dividend Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

PortfolioBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.43

0.88

+0.55

Sortino ratio

Return per unit of downside risk

1.83

1.37

+0.46

Omega ratio

Gain probability vs. loss probability

1.27

1.21

+0.06

Calmar ratio

Return relative to maximum drawdown

2.57

1.39

+1.18

Martin ratio

Return relative to average drawdown

9.96

6.43

+3.53

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

Risk / Return RankSharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
MMM
3M Company		36-0.010.201.03-0.02-0.06
MO
Altria Group, Inc.		681.121.531.221.203.11
ANDR.VI
Andritz AG		670.991.481.201.253.67
SOBA.DE
AT&T Inc		390.100.311.040.080.17
BAS.DE
BASF SE		670.841.351.151.953.97
BAYN.DE
Bayer Aktiengesellschaft		892.332.911.383.4610.65
CVX
Chevron Corporation		660.981.371.201.192.67
CSCO
Cisco Systems, Inc.		741.131.551.242.335.93
KO
The Coca-Cola Company		580.641.061.121.002.03
CCI
Crown Castle International Corp.		19-0.54-0.580.93-0.50-0.95

Sharpe Ratio

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.

44_Dividend Sharpe ratios as of Apr 3, 2026 (values are recalculated daily):

  • 1-Year: 1.43
  • 5-Year: 0.49
  • All Time: 0.62

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 0.98 to 1.66, 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 44_Dividend compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading graphics...

Dividends

Dividend yield

44_Dividend provided a 3.20% dividend yield over the last twelve months.

TTM20252024202320222021202020192018201720162015
Portfolio3.20%3.30%4.09%4.48%4.48%3.58%3.82%3.45%3.56%2.82%2.81%3.65%
Portfolio components:
MMM
3M Company		2.06%1.82%16.27%5.49%4.97%3.33%3.36%3.26%2.86%2.00%2.49%2.72%
MO
Altria Group, Inc.		6.39%7.21%7.65%9.52%8.05%7.43%8.29%6.57%6.07%3.56%3.48%3.73%
ANDR.VI
Andritz AG		4.43%3.90%5.10%3.72%3.08%2.20%3.20%4.04%3.86%3.19%2.83%2.22%
SOBA.DE
AT&T Inc		3.42%4.09%4.04%5.88%6.38%9.21%9.11%5.94%7.82%6.21%4.90%6.04%
BAS.DE
BASF SE		4.42%5.06%8.01%6.97%7.33%5.34%5.10%4.75%5.13%3.27%3.28%3.96%
BAYN.DE
Bayer Aktiengesellschaft		0.28%0.30%0.57%7.14%4.14%4.26%5.81%3.85%4.55%2.63%2.52%1.94%
CVX
Chevron Corporation		3.47%4.49%4.50%4.05%3.16%4.52%6.11%3.95%4.12%3.45%3.64%4.76%
CSCO
Cisco Systems, Inc.		2.61%2.12%2.69%3.07%3.17%2.32%3.20%2.88%2.95%2.95%3.28%3.02%
KO
The Coca-Cola Company		2.69%2.92%3.12%3.12%2.77%2.84%2.99%2.89%3.29%3.23%3.38%3.07%
CCI
Crown Castle International Corp.		5.01%5.35%6.90%5.43%4.41%2.62%3.10%3.22%3.94%3.51%4.15%3.87%

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.

Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the 44_Dividend. 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 44_Dividend was 27.28%, occurring on Sep 27, 2022. Recovery took 421 trading sessions.

The current 44_Dividend drawdown is 8.22%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-27.28%Jan 14, 2022182Sep 27, 2022421May 15, 2024603
-12.36%Mar 10, 202521Apr 7, 202525May 13, 202546
-10.39%Sep 30, 202474Jan 13, 202537Mar 5, 2025111
-9.59%Mar 2, 202615Mar 20, 2026———
-7.8%Aug 16, 202177Nov 30, 202132Jan 13, 2022109

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading graphics...

Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 43 assets, with an effective number of assets of 43.00, 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.
BenchmarkVACNYCVXKHCOHISOBA.DEMOKSB3.DECCIWBAPGNEEITOCYIMB.LIBMMCDYAR.OLGLEN.LUNA.ASKOCSCOVFCBSN.DENOEJ.DEFIE.DEOSHL.DERIO1.DEEPRHDDGE.LRAA.DEUNPFRE.DEBAYN.DEJUN3.DEHEN3.DEKNEBV.HEMMMANDR.VIFPE.DEGEBN.SWALV.DEBAS.DEPortfolio
Benchmark1.000.330.280.160.270.140.190.270.300.340.250.350.420.170.490.370.250.270.160.280.630.480.170.280.270.330.330.280.430.570.240.370.510.250.250.380.240.260.500.320.310.330.330.320.62
VACNY0.331.000.03-0.030.05-0.01-0.080.190.050.050.010.110.190.050.160.050.190.200.07-0.000.160.180.070.250.200.060.270.200.100.210.140.320.140.170.150.300.150.230.170.280.230.320.170.210.36
CVX0.280.031.000.200.130.170.260.080.090.260.080.160.190.120.240.130.300.340.080.160.230.220.030.140.030.180.040.270.300.170.120.060.320.110.190.100.120.090.240.140.130.040.160.240.33
KHC0.16-0.030.201.000.250.230.390.040.290.280.430.280.100.210.230.380.090.070.280.490.200.190.210.060.050.350.080.090.300.210.230.030.290.160.160.020.200.090.310.090.080.080.140.140.34
OHI0.270.050.130.251.000.220.310.090.370.220.230.280.160.170.240.280.090.050.170.310.210.190.160.080.130.530.110.080.460.250.120.120.280.140.120.100.140.140.240.150.120.120.170.140.35
SOBA.DE0.14-0.010.170.230.221.000.270.150.220.220.240.180.150.250.210.220.140.120.270.290.160.170.270.140.160.240.120.130.220.170.230.130.200.250.220.130.220.190.230.140.140.210.250.240.36
MO0.19-0.080.260.390.310.271.000.010.310.270.400.280.160.340.240.320.140.120.220.450.220.160.180.070.070.340.020.110.320.230.150.050.300.160.170.050.180.080.300.070.110.070.170.140.35
KSB3.DE0.270.190.080.040.090.150.011.000.050.110.050.090.190.180.130.120.250.260.170.050.180.190.180.300.260.100.270.280.180.150.220.300.180.270.290.320.250.260.180.350.350.290.380.330.44
CCI0.300.050.090.290.370.220.310.051.000.260.370.470.130.140.200.340.100.020.250.380.260.190.180.020.140.570.170.100.360.340.180.110.320.140.130.070.140.180.290.090.100.210.130.090.37
WBA0.340.050.260.280.220.220.270.110.261.000.230.220.170.150.280.240.180.180.130.260.310.300.130.150.140.310.120.150.340.330.130.130.330.170.190.190.130.110.380.160.170.150.190.240.42
PG0.250.010.080.430.230.240.400.050.370.231.000.390.150.190.260.440.060.010.390.630.270.180.270.050.140.370.150.040.230.340.260.070.330.170.120.030.240.150.330.050.130.110.130.100.36
NEE0.350.110.160.280.280.180.280.090.470.220.391.000.180.170.190.310.130.140.190.390.270.210.160.070.140.430.170.150.290.330.200.150.350.140.120.100.170.180.280.120.150.220.130.130.40
ITOCY0.420.190.190.100.160.150.160.190.130.170.150.181.000.180.270.220.210.280.130.150.290.240.150.200.220.160.190.260.240.290.180.230.260.200.200.230.220.220.280.240.220.250.270.250.44
IMB.L0.170.050.120.210.170.250.340.180.140.150.190.170.181.000.170.190.230.290.410.220.150.120.350.150.210.200.150.270.220.110.320.160.150.360.300.170.310.220.180.250.220.220.370.250.42
IBM0.490.160.240.230.240.210.240.130.200.280.260.190.270.171.000.300.150.180.090.290.440.300.110.130.140.290.170.190.300.310.080.200.370.170.140.170.150.130.400.190.190.120.220.210.42
MCD0.370.050.130.380.280.220.320.120.340.240.440.310.220.190.301.000.120.050.270.510.330.220.210.080.170.350.150.080.280.370.230.130.370.190.170.100.180.150.300.170.180.150.230.140.40
YAR.OL0.250.190.300.090.090.140.140.250.100.180.060.130.210.230.150.121.000.440.140.070.160.200.210.310.220.110.270.410.190.130.270.280.160.290.370.350.250.300.200.370.330.300.350.430.50
GLEN.L0.270.200.340.070.050.120.120.260.020.180.010.140.280.290.180.050.441.000.120.070.140.240.150.350.200.090.220.710.200.150.290.260.230.280.350.370.240.300.200.390.360.290.370.480.53
UNA.AS0.160.070.080.280.170.270.220.170.250.130.390.190.130.410.090.270.140.121.000.350.110.140.520.170.270.260.290.180.190.180.470.220.150.350.310.140.490.330.210.210.250.310.330.250.45
KO0.28-0.000.160.490.310.290.450.050.380.260.630.390.150.220.290.510.070.070.351.000.320.190.260.060.140.440.110.120.270.300.260.120.390.200.170.080.250.200.310.120.150.160.180.140.41
CSCO0.630.160.230.200.210.160.220.180.260.310.270.270.290.150.440.330.160.140.110.321.000.330.120.180.190.250.200.170.310.400.130.230.410.160.170.230.160.180.410.210.200.200.230.210.46
VFC0.480.180.220.190.190.170.160.190.190.300.180.210.240.120.300.220.200.240.140.190.331.000.140.220.220.250.190.220.360.430.200.230.380.190.230.280.200.200.430.250.230.240.260.340.52
BSN.DE0.170.070.030.210.160.270.180.180.180.130.270.160.150.350.110.210.210.150.520.260.120.141.000.250.330.200.330.210.170.130.410.250.110.400.350.230.490.360.210.310.310.360.430.340.47
NOEJ.DE0.280.250.140.060.080.140.070.300.020.150.050.070.200.150.130.080.310.350.170.060.180.220.251.000.330.070.340.320.170.170.280.410.160.340.360.510.320.360.210.440.450.410.430.530.54
FIE.DE0.270.200.030.050.130.160.070.260.140.140.140.140.220.210.140.170.220.200.270.140.190.220.330.331.000.150.380.230.170.200.330.410.150.340.340.390.380.410.210.370.390.440.400.360.51
O0.330.060.180.350.530.240.340.100.570.310.370.430.160.200.290.350.110.090.260.440.250.250.200.070.151.000.150.110.540.370.210.160.380.180.140.130.170.190.340.140.150.180.150.150.44
SHL.DE0.330.270.040.080.110.120.020.270.170.120.150.170.190.150.170.150.270.220.290.110.200.190.330.340.380.151.000.250.110.210.370.410.190.380.330.370.350.400.210.360.390.480.370.390.51
RIO1.DE0.280.200.270.090.080.130.110.280.100.150.040.150.260.270.190.080.410.710.180.120.170.220.210.320.230.110.251.000.170.140.270.290.220.300.340.340.280.350.200.400.350.340.420.490.54
EPR0.430.100.300.300.460.220.320.180.360.340.230.290.240.220.300.280.190.200.190.270.310.360.170.170.170.540.110.171.000.340.190.210.380.190.220.200.200.160.370.230.230.190.240.270.50
HD0.570.210.170.210.250.170.230.150.340.330.340.330.290.110.310.370.130.150.180.300.400.430.130.170.200.370.210.140.341.000.200.260.470.170.130.250.200.200.470.240.230.290.200.240.51
DGE.L0.240.140.120.230.120.230.150.220.180.130.260.200.180.320.080.230.270.290.470.260.130.200.410.280.330.210.370.270.190.201.000.330.170.320.370.290.430.330.200.300.330.390.370.390.52
RAA.DE0.370.320.060.030.120.130.050.300.110.130.070.150.230.160.200.130.280.260.220.120.230.230.250.410.410.160.410.290.210.260.331.000.200.290.300.500.330.430.230.460.460.540.370.440.57
UNP0.510.140.320.290.280.200.300.180.320.330.330.350.260.150.370.370.160.230.150.390.410.380.110.160.150.380.190.220.380.470.170.201.000.210.160.230.150.210.440.200.220.220.260.250.51
FRE.DE0.250.170.110.160.140.250.160.270.140.170.170.140.200.360.170.190.290.280.350.200.160.190.400.340.340.180.380.300.190.170.320.290.211.000.440.310.400.360.240.350.370.370.490.410.55
BAYN.DE0.250.150.190.160.120.220.170.290.130.190.120.120.200.300.140.170.370.350.310.170.170.230.350.360.340.140.330.340.220.130.370.300.160.441.000.360.360.350.220.390.370.380.490.500.56
JUN3.DE0.380.300.100.020.100.130.050.320.070.190.030.100.230.170.170.100.350.370.140.080.230.280.230.510.390.130.370.340.200.250.290.500.230.310.361.000.330.400.260.490.470.480.450.510.59
HEN3.DE0.240.150.120.200.140.220.180.250.140.130.240.170.220.310.150.180.250.240.490.250.160.200.490.320.380.170.350.280.200.200.430.330.150.400.360.331.000.390.240.340.370.380.440.450.54
KNEBV.HE0.260.230.090.090.140.190.080.260.180.110.150.180.220.220.130.150.300.300.330.200.180.200.360.360.410.190.400.350.160.200.330.430.210.360.350.400.391.000.210.440.420.560.440.460.57
MMM0.500.170.240.310.240.230.300.180.290.380.330.280.280.180.400.300.200.200.210.310.410.430.210.210.210.340.210.200.370.470.200.230.440.240.220.260.240.211.000.260.240.230.280.310.55
ANDR.VI0.320.280.140.090.150.140.070.350.090.160.050.120.240.250.190.170.370.390.210.120.210.250.310.440.370.140.360.400.230.240.300.460.200.350.390.490.340.440.261.000.480.470.450.510.60
FPE.DE0.310.230.130.080.120.140.110.350.100.170.130.150.220.220.190.180.330.360.250.150.200.230.310.450.390.150.390.350.230.230.330.460.220.370.370.470.370.420.240.481.000.440.470.540.60
GEBN.SW0.330.320.040.080.120.210.070.290.210.150.110.220.250.220.120.150.300.290.310.160.200.240.360.410.440.180.480.340.190.290.390.540.220.370.380.480.380.560.230.470.441.000.450.470.61
ALV.DE0.330.170.160.140.170.250.170.380.130.190.130.130.270.370.220.230.350.370.330.180.230.260.430.430.400.150.370.420.240.200.370.370.260.490.490.450.440.440.280.450.470.451.000.550.63
BAS.DE0.320.210.240.140.140.240.140.330.090.240.100.130.250.250.210.140.430.480.250.140.210.340.340.530.360.150.390.490.270.240.390.440.250.410.500.510.450.460.310.510.540.470.551.000.68
Portfolio0.620.360.330.340.350.360.350.440.370.420.360.400.440.420.420.400.500.530.450.410.460.520.470.540.510.440.510.540.500.510.520.570.510.550.560.590.540.570.550.600.600.610.630.681.00
The correlation results are calculated based on daily price changes starting from Dec 7, 2020