Alpha Year
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification
Alpha Year
Last updated Nov 29, 2024
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
ADBE Adobe Inc | Technology | 4% |
ANET Arista Networks, Inc. | Technology | 4% |
APP AppLovin Corporation | Technology | 4% |
APPF AppFolio, Inc. | Technology | 4% |
BLD TopBuild Corp. | Industrials | 4% |
DECK Deckers Outdoor Corporation | Consumer Cyclical | 4% |
EDU New Oriental Education & Technology Group Inc. | Consumer Defensive | 4% |
FCNCA First Citizens BancShares, Inc. | Financial Services | 4% |
FICO Fair Isaac Corporation | Technology | 4% |
FIX Comfort Systems USA, Inc. | Industrials | 4% |
FN Fabrinet | Technology | 4% |
GWW W.W. Grainger, Inc. | Industrials | 4% |
HUBS HubSpot, Inc. | Technology | 4% |
JBL Jabil Inc. | Technology | 4% |
LLY Eli Lilly and Company | Healthcare | 4% |
MDB MongoDB, Inc. | Technology | 4% |
MSFT Microsoft Corporation | Technology | 4% |
NOW ServiceNow, Inc. | Technology | 4% |
NVDA NVIDIA Corporation | Technology | 4% |
NVO Novo Nordisk A/S | Healthcare | 4% |
ONTO | 4% | |
SAIA | 4% | |
SSD | 4% | |
WING | 4% | |
XPO | 4% |
Quarterly
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Alpha Year, 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 Quarterly
Alpha Year
Benchmark (^GSPC)
Portfolio components
The earliest data available for this chart is Apr 15, 2021, corresponding to the inception date of APP
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y (annualized) | 10Y (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 25.76% | 2.84% | 14.58% | 31.82% | 13.85% | 11.34% |
| Alpha Year | 52.96% | 10.93% | 23.48% | 61.18% | N/A | N/A |
| Portfolio components: | ||||||
ADBE Adobe Inc | -13.90% | 5.83% | 15.21% | -16.80% | 10.69% | 21.47% |
APPF AppFolio, Inc. | 47.09% | 17.76% | 10.94% | 34.78% | 17.72% | N/A |
APP AppLovin Corporation | 724.49% | 90.76% | 298.25% | 741.81% | N/A | N/A |
ANET Arista Networks, Inc. | 70.82% | 0.18% | 32.48% | 83.44% | 52.65% | 36.60% |
FIX Comfort Systems USA, Inc. | 137.42% | 22.94% | 45.43% | 155.29% | 58.07% | 43.03% |
DECK Deckers Outdoor Corporation | 72.14% | 13.11% | 6.28% | 75.67% | 47.04% | 28.43% |
LLY Eli Lilly and Company | 36.10% | -12.63% | -3.00% | 34.04% | 48.40% | 30.19% |
FN Fabrinet | 18.66% | -10.52% | -8.31% | 38.56% | 30.23% | 30.09% |
FICO Fair Isaac Corporation | 102.23% | 16.43% | 80.71% | 118.96% | 45.09% | 41.78% |
FCNCA First Citizens BancShares, Inc. | 63.01% | 18.78% | 33.95% | 60.36% | 35.22% | 25.35% |
HUBS HubSpot, Inc. | 24.50% | 28.33% | 19.22% | 45.57% | 36.88% | 35.82% |
JBL Jabil Inc. | 4.93% | 6.87% | 11.99% | 16.00% | 28.74% | 21.90% |
MSFT Microsoft Corporation | 13.33% | -1.88% | 2.39% | 12.49% | 23.98% | 26.12% |
MDB MongoDB, Inc. | -20.61% | 17.95% | 4.71% | -22.81% | 16.94% | N/A |
EDU New Oriental Education & Technology Group Inc. | -17.99% | -4.46% | -28.27% | -23.30% | -13.10% | 11.09% |
NVO Novo Nordisk A/S | 3.72% | -5.22% | -19.78% | 5.19% | 32.65% | 18.97% |
NVDA NVIDIA Corporation | 173.35% | -4.18% | 22.50% | 181.22% | 90.78% | 75.49% |
ONTO | 5.32% | -24.64% | -27.65% | 15.13% | N/A | N/A |
SAIA | 28.79% | 18.32% | 39.79% | 47.00% | N/A | N/A |
NOW ServiceNow, Inc. | 47.40% | 9.27% | 61.89% | 53.39% | 29.84% | 32.70% |
SSD | -5.10% | 3.35% | 11.73% | 13.17% | N/A | N/A |
WING | 29.46% | -10.14% | -14.04% | 39.20% | N/A | N/A |
BLD TopBuild Corp. | 4.21% | 9.51% | -5.64% | 32.27% | 28.82% | N/A |
GWW W.W. Grainger, Inc. | 46.67% | 9.98% | 33.39% | 56.69% | 32.42% | 19.45% |
XPO | 71.50% | 24.92% | 41.22% | 74.72% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of Alpha Year, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 6.55% | 14.70% | 1.46% | -6.86% | 5.64% | 4.67% | -1.23% | 2.92% | 3.73% | -0.32% | 52.96% | ||
| 2023 | 12.87% | 2.29% | 8.06% | 4.63% | 8.89% | 12.15% | 6.46% | 6.12% | -3.64% | -0.17% | 13.47% | 5.07% | 106.52% |
| 2022 | -12.56% | -2.51% | -1.08% | -11.46% | -0.53% | -4.21% | 17.65% | -4.93% | -9.58% | 9.87% | 8.56% | -5.23% | -18.67% |
| 2021 | -0.88% | 0.22% | 5.13% | -1.24% | 4.71% | -4.51% | 12.46% | 2.29% | 3.43% | 22.70% |
Expense Ratio
Alpha Year has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
The portfolio doesn't hold funds that charge fees
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of Alpha Year is 76, placing it in the top 24% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 | |
|---|---|---|---|---|---|
ADBE Adobe Inc | -0.49 | -0.49 | 0.93 | -0.46 | -0.96 |
APPF AppFolio, Inc. | 0.75 | 1.63 | 1.21 | 1.20 | 2.93 |
APP AppLovin Corporation | 9.81 | 8.34 | 2.03 | 10.84 | 119.96 |
ANET Arista Networks, Inc. | 2.09 | 2.65 | 1.36 | 4.20 | 12.28 |
FIX Comfort Systems USA, Inc. | 3.53 | 3.61 | 1.51 | 9.84 | 26.11 |
DECK Deckers Outdoor Corporation | 1.94 | 2.88 | 1.36 | 3.28 | 7.17 |
LLY Eli Lilly and Company | 1.13 | 1.71 | 1.23 | 1.41 | 4.73 |
FN Fabrinet | 0.72 | 1.26 | 1.17 | 1.38 | 3.14 |
FICO Fair Isaac Corporation | 3.94 | 4.17 | 1.60 | 7.09 | 23.68 |
FCNCA First Citizens BancShares, Inc. | 1.71 | 2.70 | 1.36 | 4.17 | 10.33 |
HUBS HubSpot, Inc. | 1.25 | 1.77 | 1.23 | 0.97 | 2.82 |
JBL Jabil Inc. | 0.41 | 0.80 | 1.13 | 0.43 | 0.78 |
MSFT Microsoft Corporation | 0.64 | 0.94 | 1.12 | 0.81 | 1.88 |
MDB MongoDB, Inc. | -0.42 | -0.27 | 0.96 | -0.36 | -0.62 |
EDU New Oriental Education & Technology Group Inc. | -0.45 | -0.38 | 0.96 | -0.35 | -1.05 |
NVO Novo Nordisk A/S | 0.17 | 0.48 | 1.06 | 0.16 | 0.45 |
NVDA NVIDIA Corporation | 3.47 | 3.64 | 1.47 | 6.70 | 21.31 |
ONTO | 0.28 | 0.74 | 1.10 | 0.45 | 1.14 |
SAIA | 0.91 | 1.42 | 1.22 | 1.20 | 2.13 |
NOW ServiceNow, Inc. | 1.60 | 2.13 | 1.31 | 2.56 | 8.60 |
SSD | 0.43 | 0.79 | 1.10 | 0.52 | 0.93 |
WING | 0.96 | 1.33 | 1.21 | 1.19 | 4.02 |
BLD TopBuild Corp. | 0.79 | 1.36 | 1.17 | 1.17 | 2.46 |
GWW W.W. Grainger, Inc. | 2.65 | 3.77 | 1.48 | 3.93 | 9.78 |
XPO | 1.73 | 2.66 | 1.32 | 3.50 | 6.79 |
Alpha Year
Benchmark (^GSPC)
Portfolio components
Dividends
Dividend yield
Alpha Year provided a 0.24% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.24% | 0.21% | 0.42% | 0.27% | 0.36% | 0.44% | 0.91% | 0.53% | 1.02% | 0.61% | 0.61% | 0.69% |
| Portfolio components: | ||||||||||||
ADBE Adobe 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% |
APPF AppFolio, 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% |
APP AppLovin 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% |
ANET Arista Networks, 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% |
FIX Comfort Systems USA, Inc. | 0.25% | 0.41% | 0.49% | 0.49% | 0.81% | 0.79% | 0.76% | 0.68% | 0.83% | 0.88% | 1.31% | 1.08% |
DECK Deckers Outdoor 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% |
LLY Eli Lilly and Company | 0.66% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.95% | 2.46% | 2.77% | 2.37% | 2.84% | 3.84% |
FN Fabrinet | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FICO Fair Isaac Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.07% | 0.08% | 0.11% | 0.13% |
FCNCA First Citizens BancShares, Inc. | 0.30% | 0.27% | 0.28% | 0.23% | 0.29% | 0.30% | 0.38% | 0.31% | 0.34% | 0.46% | 0.47% | 0.54% |
HUBS HubSpot, 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% |
JBL Jabil Inc. | 0.24% | 0.25% | 0.47% | 0.45% | 0.75% | 0.77% | 1.29% | 1.22% | 1.35% | 1.37% | 1.47% | 1.83% |
MSFT Microsoft Corporation | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
MDB MongoDB, 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% |
EDU New Oriental Education & Technology Group Inc. | 0.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.46% | 0.00% | 1.28% | 0.00% | 1.11% |
NVO Novo Nordisk A/S | 1.36% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% | 1.72% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% | 1.94% |
ONTO | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SAIA | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NOW ServiceNow, 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% |
SSD | 0.59% | 0.54% | 1.15% | 0.69% | 0.74% | 1.41% | 1.59% | 1.36% | 1.55% | 1.76% | 1.17% | 1.02% |
WING | 0.30% | 0.32% | 3.43% | 0.36% | 0.38% | 0.46% | 10.19% | 0.36% | 9.80% | 0.00% | 0.00% | 0.00% |
BLD TopBuild Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GWW W.W. Grainger, Inc. | 0.66% | 0.88% | 1.22% | 1.23% | 1.45% | 1.68% | 1.90% | 2.14% | 2.08% | 2.27% | 1.64% | 1.41% |
XPO | 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.
Alpha Year
Benchmark (^GSPC)
Portfolio components
Worst Drawdowns
The table below displays the maximum drawdowns of the Alpha Year. 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 Alpha Year was 33.57%, occurring on May 11, 2022. Recovery took 235 trading sessions.
The current Alpha Year drawdown is 1.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.57% | Nov 17, 2021 | 121 | May 11, 2022 | 235 | Apr 19, 2023 | 356 |
| -12.57% | Jul 17, 2024 | 16 | Aug 7, 2024 | 30 | Sep 19, 2024 | 46 |
| -10.04% | Mar 8, 2024 | 30 | Apr 19, 2024 | 18 | May 15, 2024 | 48 |
| -8.56% | Sep 5, 2023 | 38 | Oct 26, 2023 | 6 | Nov 3, 2023 | 44 |
| -8.49% | Apr 28, 2021 | 11 | May 12, 2021 | 20 | Jun 10, 2021 | 31 |
Volatility
Volatility Chart
The current Alpha Year volatility is 7.42%, 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.
Alpha Year
Benchmark (^GSPC)
Portfolio components
Diversification
Asset Correlations Table
The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
| EDU | LLY | NVO | FCNCA | GWW | WING | APPF | APP | SAIA | FICO | DECK | SSD | HUBS | FIX | FN | XPO | MDB | BLD | JBL | ADBE | ANET | ONTO | MSFT | NVDA | NOW | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EDU | 1.00 | 0.06 | 0.10 | 0.18 | 0.09 | 0.20 | 0.17 | 0.25 | 0.21 | 0.13 | 0.21 | 0.13 | 0.17 | 0.15 | 0.17 | 0.21 | 0.20 | 0.21 | 0.21 | 0.18 | 0.18 | 0.22 | 0.19 | 0.22 | 0.19 |
| LLY | 0.06 | 1.00 | 0.49 | 0.10 | 0.25 | 0.17 | 0.15 | 0.17 | 0.12 | 0.18 | 0.18 | 0.15 | 0.12 | 0.24 | 0.22 | 0.17 | 0.13 | 0.15 | 0.17 | 0.23 | 0.26 | 0.17 | 0.31 | 0.23 | 0.21 |
| NVO | 0.10 | 0.49 | 1.00 | 0.13 | 0.22 | 0.19 | 0.19 | 0.20 | 0.22 | 0.24 | 0.24 | 0.17 | 0.22 | 0.23 | 0.22 | 0.23 | 0.22 | 0.21 | 0.21 | 0.30 | 0.27 | 0.23 | 0.32 | 0.26 | 0.31 |
| FCNCA | 0.18 | 0.10 | 0.13 | 1.00 | 0.35 | 0.24 | 0.32 | 0.27 | 0.37 | 0.32 | 0.34 | 0.45 | 0.26 | 0.45 | 0.37 | 0.42 | 0.26 | 0.42 | 0.42 | 0.25 | 0.25 | 0.37 | 0.30 | 0.31 | 0.30 |
| GWW | 0.09 | 0.25 | 0.22 | 0.35 | 1.00 | 0.28 | 0.28 | 0.27 | 0.43 | 0.39 | 0.37 | 0.53 | 0.25 | 0.56 | 0.39 | 0.44 | 0.25 | 0.49 | 0.44 | 0.34 | 0.37 | 0.37 | 0.35 | 0.28 | 0.34 |
| WING | 0.20 | 0.17 | 0.19 | 0.24 | 0.28 | 1.00 | 0.38 | 0.42 | 0.33 | 0.41 | 0.43 | 0.34 | 0.40 | 0.36 | 0.33 | 0.38 | 0.41 | 0.38 | 0.35 | 0.39 | 0.40 | 0.40 | 0.39 | 0.43 | 0.45 |
| APPF | 0.17 | 0.15 | 0.19 | 0.32 | 0.28 | 0.38 | 1.00 | 0.44 | 0.32 | 0.42 | 0.37 | 0.37 | 0.51 | 0.34 | 0.37 | 0.33 | 0.46 | 0.39 | 0.37 | 0.45 | 0.43 | 0.40 | 0.43 | 0.41 | 0.52 |
| APP | 0.25 | 0.17 | 0.20 | 0.27 | 0.27 | 0.42 | 0.44 | 1.00 | 0.35 | 0.41 | 0.38 | 0.32 | 0.54 | 0.35 | 0.38 | 0.38 | 0.56 | 0.36 | 0.36 | 0.48 | 0.46 | 0.43 | 0.46 | 0.52 | 0.55 |
| SAIA | 0.21 | 0.12 | 0.22 | 0.37 | 0.43 | 0.33 | 0.32 | 0.35 | 1.00 | 0.35 | 0.42 | 0.50 | 0.38 | 0.46 | 0.41 | 0.73 | 0.37 | 0.53 | 0.46 | 0.42 | 0.40 | 0.43 | 0.37 | 0.41 | 0.41 |
| FICO | 0.13 | 0.18 | 0.24 | 0.32 | 0.39 | 0.41 | 0.42 | 0.41 | 0.35 | 1.00 | 0.37 | 0.39 | 0.43 | 0.38 | 0.40 | 0.41 | 0.43 | 0.40 | 0.40 | 0.51 | 0.47 | 0.45 | 0.50 | 0.45 | 0.55 |
| DECK | 0.21 | 0.18 | 0.24 | 0.34 | 0.37 | 0.43 | 0.37 | 0.38 | 0.42 | 0.37 | 1.00 | 0.47 | 0.41 | 0.43 | 0.45 | 0.44 | 0.43 | 0.50 | 0.46 | 0.42 | 0.44 | 0.45 | 0.41 | 0.44 | 0.45 |
| SSD | 0.13 | 0.15 | 0.17 | 0.45 | 0.53 | 0.34 | 0.37 | 0.32 | 0.50 | 0.39 | 0.47 | 1.00 | 0.36 | 0.60 | 0.49 | 0.53 | 0.34 | 0.67 | 0.52 | 0.35 | 0.38 | 0.48 | 0.37 | 0.35 | 0.37 |
| HUBS | 0.17 | 0.12 | 0.22 | 0.26 | 0.25 | 0.40 | 0.51 | 0.54 | 0.38 | 0.43 | 0.41 | 0.36 | 1.00 | 0.31 | 0.35 | 0.37 | 0.70 | 0.39 | 0.38 | 0.56 | 0.48 | 0.43 | 0.51 | 0.51 | 0.68 |
| FIX | 0.15 | 0.24 | 0.23 | 0.45 | 0.56 | 0.36 | 0.34 | 0.35 | 0.46 | 0.38 | 0.43 | 0.60 | 0.31 | 1.00 | 0.52 | 0.47 | 0.31 | 0.57 | 0.53 | 0.33 | 0.49 | 0.51 | 0.40 | 0.40 | 0.37 |
| FN | 0.17 | 0.22 | 0.22 | 0.37 | 0.39 | 0.33 | 0.37 | 0.38 | 0.41 | 0.40 | 0.45 | 0.49 | 0.35 | 0.52 | 1.00 | 0.43 | 0.39 | 0.46 | 0.61 | 0.41 | 0.56 | 0.61 | 0.46 | 0.50 | 0.42 |
| XPO | 0.21 | 0.17 | 0.23 | 0.42 | 0.44 | 0.38 | 0.33 | 0.38 | 0.73 | 0.41 | 0.44 | 0.53 | 0.37 | 0.47 | 0.43 | 1.00 | 0.38 | 0.54 | 0.49 | 0.41 | 0.43 | 0.48 | 0.42 | 0.46 | 0.43 |
| MDB | 0.20 | 0.13 | 0.22 | 0.26 | 0.25 | 0.41 | 0.46 | 0.56 | 0.37 | 0.43 | 0.43 | 0.34 | 0.70 | 0.31 | 0.39 | 0.38 | 1.00 | 0.41 | 0.42 | 0.58 | 0.51 | 0.47 | 0.56 | 0.53 | 0.70 |
| BLD | 0.21 | 0.15 | 0.21 | 0.42 | 0.49 | 0.38 | 0.39 | 0.36 | 0.53 | 0.40 | 0.50 | 0.67 | 0.39 | 0.57 | 0.46 | 0.54 | 0.41 | 1.00 | 0.53 | 0.40 | 0.40 | 0.49 | 0.42 | 0.42 | 0.40 |
| JBL | 0.21 | 0.17 | 0.21 | 0.42 | 0.44 | 0.35 | 0.37 | 0.36 | 0.46 | 0.40 | 0.46 | 0.52 | 0.38 | 0.53 | 0.61 | 0.49 | 0.42 | 0.53 | 1.00 | 0.44 | 0.55 | 0.61 | 0.49 | 0.56 | 0.46 |
| ADBE | 0.18 | 0.23 | 0.30 | 0.25 | 0.34 | 0.39 | 0.45 | 0.48 | 0.42 | 0.51 | 0.42 | 0.35 | 0.56 | 0.33 | 0.41 | 0.41 | 0.58 | 0.40 | 0.44 | 1.00 | 0.56 | 0.49 | 0.71 | 0.60 | 0.71 |
| ANET | 0.18 | 0.26 | 0.27 | 0.25 | 0.37 | 0.40 | 0.43 | 0.46 | 0.40 | 0.47 | 0.44 | 0.38 | 0.48 | 0.49 | 0.56 | 0.43 | 0.51 | 0.40 | 0.55 | 0.56 | 1.00 | 0.58 | 0.63 | 0.63 | 0.61 |
| ONTO | 0.22 | 0.17 | 0.23 | 0.37 | 0.37 | 0.40 | 0.40 | 0.43 | 0.43 | 0.45 | 0.45 | 0.48 | 0.43 | 0.51 | 0.61 | 0.48 | 0.47 | 0.49 | 0.61 | 0.49 | 0.58 | 1.00 | 0.52 | 0.66 | 0.51 |
| MSFT | 0.19 | 0.31 | 0.32 | 0.30 | 0.35 | 0.39 | 0.43 | 0.46 | 0.37 | 0.50 | 0.41 | 0.37 | 0.51 | 0.40 | 0.46 | 0.42 | 0.56 | 0.42 | 0.49 | 0.71 | 0.63 | 0.52 | 1.00 | 0.64 | 0.66 |
| NVDA | 0.22 | 0.23 | 0.26 | 0.31 | 0.28 | 0.43 | 0.41 | 0.52 | 0.41 | 0.45 | 0.44 | 0.35 | 0.51 | 0.40 | 0.50 | 0.46 | 0.53 | 0.42 | 0.56 | 0.60 | 0.63 | 0.66 | 0.64 | 1.00 | 0.59 |
| NOW | 0.19 | 0.21 | 0.31 | 0.30 | 0.34 | 0.45 | 0.52 | 0.55 | 0.41 | 0.55 | 0.45 | 0.37 | 0.68 | 0.37 | 0.42 | 0.43 | 0.70 | 0.40 | 0.46 | 0.71 | 0.61 | 0.51 | 0.66 | 0.59 | 1.00 |
The correlation results are calculated based on daily price changes starting from Apr 16, 2021