hyield
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification
hyield
Last updated Apr 18, 2025
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BCE BCE Inc. | Communication Services | 3.33% |
C Citigroup Inc. | Financial Services | 3.33% |
CCI Crown Castle International Corp. | Real Estate | 3.33% |
CVX Chevron Corporation | Energy | 3.33% |
DUK Duke Energy Corporation | Utilities | 3.33% |
EIX Edison International | Utilities | 3.33% |
ENB Enbridge Inc. | Energy | 3.33% |
F Ford Motor Company | Consumer Cyclical | 3.33% |
GILD Gilead Sciences, Inc. | Healthcare | 3.33% |
GLW Corning Incorporated | Technology | 3.33% |
IBM International Business Machines Corporation | Technology | 3.33% |
K Kellogg Company | Consumer Defensive | 3.33% |
KEY KeyCorp | Financial Services | 3.33% |
LAZ Lazard Ltd | Financial Services | 3.33% |
LMT Lockheed Martin Corporation | Industrials | 3.33% |
LYB LyondellBasell Industries N.V. | Basic Materials | 3.33% |
OMC Omnicom Group Inc. | Communication Services | 3.33% |
PFE Pfizer Inc. | Healthcare | 3.33% |
PM Philip Morris International Inc. | Consumer Defensive | 3.33% |
PRU | 3.33% | |
PSX | 3.33% | |
QSR | 3.33% | |
SLF | 3.33% | |
SNY | 3.33% | |
SO | 3.33% | |
SPG | 3.33% | |
TFC | 3.33% | |
VLO | 3.33% | |
VZ | 3.33% | |
XOM | 3.33% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in hyield, 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.
hyield
Benchmark (^GSPC)
Portfolio components
The earliest data available for this chart is Aug 13, 2012, corresponding to the inception date of PFE
Returns By Period
As of Apr 18, 2025, the hyield returned -3.21% Year-To-Date and 7.92% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -5.91% | -9.57% | 5.19% | 12.98% | 9.68% |
| hyield | -3.16% | -7.40% | -10.08% | 3.83% | 10.78% | 6.19% |
| Portfolio components: | ||||||
LYB LyondellBasell Industries N.V. | -22.22% | -24.40% | -35.90% | -39.48% | 8.14% | 1.80% |
BCE BCE Inc. | -2.12% | -7.32% | -30.31% | -24.45% | -5.70% | -0.98% |
OMC Omnicom Group Inc. | -14.17% | -10.08% | -29.26% | -18.31% | 9.98% | 2.74% |
VZ | 13.94% | 1.17% | 3.91% | 18.23% | 0.11% | 4.08% |
F Ford Motor Company | 0.45% | -3.22% | -8.94% | -13.94% | 19.02% | 0.37% |
QSR | -2.11% | -5.97% | -9.42% | -7.46% | 10.33% | 8.21% |
K Kellogg Company | 2.43% | 0.02% | 3.09% | 51.44% | 9.99% | 6.65% |
PM Philip Morris International Inc. | 36.81% | 7.03% | 38.57% | 88.27% | 22.22% | 12.32% |
CVX Chevron Corporation | -3.76% | -14.27% | -6.86% | -8.03% | 14.61% | 6.74% |
ENB Enbridge Inc. | 8.53% | 4.52% | 11.75% | 45.27% | 16.87% | 4.42% |
XOM | 0.28% | -5.91% | -9.63% | -6.83% | 25.76% | 6.63% |
PSX | -12.23% | -22.83% | -24.35% | -34.80% | 15.51% | 6.10% |
VLO | -9.49% | -16.64% | -18.18% | -32.25% | 21.34% | 11.06% |
C Citigroup Inc. | -9.52% | -9.93% | 0.44% | 12.49% | 11.02% | 4.58% |
KEY KeyCorp | -15.73% | -9.97% | -15.36% | 3.90% | 11.10% | 4.04% |
LAZ Lazard Ltd | -30.31% | -22.97% | -32.48% | -0.99% | 10.60% | 0.84% |
PRU | -15.05% | -9.36% | -20.42% | -3.13% | 17.80% | 6.72% |
SLF | -3.88% | -0.02% | 0.62% | 17.36% | 16.07% | 10.04% |
TFC | -16.31% | -12.12% | -14.51% | 5.66% | 6.29% | 3.13% |
GILD Gilead Sciences, Inc. | 13.97% | -5.16% | 21.52% | 62.06% | 8.80% | 3.89% |
PFE Pfizer Inc. | -15.17% | -15.85% | -21.91% | -7.44% | -4.63% | -0.02% |
SNY | 5.54% | -13.89% | -7.22% | 10.39% | 4.39% | 3.44% |
LMT Lockheed Martin Corporation | -3.79% | -1.11% | -22.83% | 4.43% | 5.77% | 11.94% |
CCI Crown Castle International Corp. | 16.05% | -1.29% | -4.23% | 18.40% | -5.02% | 6.12% |
SPG | -11.58% | -8.74% | -11.66% | 12.12% | 28.96% | 2.75% |
GLW Corning Incorporated | -12.12% | -12.16% | -9.70% | 37.55% | 18.39% | 9.18% |
IBM International Business Machines Corporation | 9.36% | -3.30% | 4.04% | 34.81% | 21.25% | 8.76% |
DUK Duke Energy Corporation | 14.10% | 0.86% | 2.92% | 33.87% | 10.64% | 8.96% |
EIX Edison International | -26.24% | -0.73% | -30.42% | -11.70% | 2.97% | 3.31% |
SO | 12.47% | 1.75% | 0.70% | 36.09% | 14.30% | 12.21% |
*Annualized
Monthly Returns
The table below presents the monthly returns of hyield, 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 | 2.67% | 2.22% | -0.58% | -7.19% | -3.16% | ||||||||
| 2024 | 1.36% | 0.37% | 6.81% | -3.97% | 2.81% | -0.80% | 6.50% | 2.77% | 1.03% | -2.00% | 3.97% | -7.72% | 10.64% |
| 2023 | 4.11% | -3.97% | -0.53% | -1.22% | -5.61% | 5.70% | 2.29% | -2.50% | -2.11% | -4.08% | 6.86% | 4.76% | 2.75% |
| 2022 | 2.37% | -1.76% | 3.45% | -3.07% | 5.36% | -9.33% | 5.19% | -2.28% | -10.29% | 11.78% | 6.14% | -2.53% | 2.73% |
| 2021 | -1.30% | 6.89% | 6.60% | 3.92% | 3.53% | -2.16% | -1.55% | 1.10% | -2.37% | 3.21% | -1.76% | 6.52% | 24.22% |
| 2020 | -3.10% | -10.02% | -18.50% | 13.30% | 2.53% | -1.49% | 2.20% | 1.04% | -2.48% | -2.63% | 13.89% | 1.94% | -7.41% |
| 2019 | 10.17% | 2.12% | 0.24% | 3.27% | -6.61% | 7.87% | 0.80% | -2.51% | 4.35% | 0.45% | 1.95% | 2.04% | 25.71% |
| 2018 | 2.54% | -5.18% | -1.12% | 1.07% | 1.09% | 0.22% | 4.98% | -1.17% | 0.10% | -6.08% | 1.63% | -9.40% | -11.58% |
| 2017 | 0.38% | 3.53% | -0.72% | -1.00% | 0.57% | 2.18% | 1.09% | 0.05% | 3.27% | 0.52% | 3.01% | 0.67% | 14.28% |
| 2016 | -4.64% | 0.92% | 7.15% | 0.85% | 0.90% | 0.92% | 1.58% | -0.07% | -0.48% | -0.44% | 4.16% | 2.56% | 13.75% |
| 2015 | -1.95% | 4.53% | -1.13% | 1.15% | 0.10% | -1.06% | 1.86% | -5.78% | -2.12% | 7.43% | -0.74% | -1.73% | -0.07% |
| 2014 | 2.40% | 2.40% |
Expense Ratio
hyield 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 hyield is 62, 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: 0.27
^GSPC: 0.24
Portfolio: 0.47
^GSPC: 0.47
Portfolio: 1.07
^GSPC: 1.07
Portfolio: 0.27
^GSPC: 0.24
Portfolio: 0.99
^GSPC: 1.08
Portfolio components
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
LYB LyondellBasell Industries N.V. | -1.31 | -1.94 | 0.74 | -0.84 | -2.35 |
BCE BCE Inc. | -1.06 | -1.34 | 0.82 | -0.44 | -1.18 |
OMC Omnicom Group Inc. | -0.61 | -0.67 | 0.91 | -0.53 | -1.33 |
VZ | 0.81 | 1.14 | 1.17 | 0.78 | 3.39 |
F Ford Motor Company | -0.37 | -0.26 | 0.96 | -0.25 | -0.61 |
QSR | -0.32 | -0.29 | 0.97 | -0.31 | -0.81 |
K Kellogg Company | 2.32 | 6.60 | 2.03 | 2.99 | 18.38 |
PM Philip Morris International Inc. | 3.63 | 4.80 | 1.73 | 8.25 | 25.12 |
CVX Chevron Corporation | -0.32 | -0.26 | 0.96 | -0.37 | -1.04 |
ENB Enbridge Inc. | 2.81 | 3.58 | 1.49 | 2.25 | 15.15 |
XOM | -0.29 | -0.24 | 0.97 | -0.36 | -0.86 |
PSX | -1.04 | -1.40 | 0.81 | -0.79 | -1.96 |
VLO | -0.89 | -1.16 | 0.85 | -0.80 | -1.96 |
C Citigroup Inc. | 0.44 | 0.80 | 1.11 | 0.47 | 1.60 |
KEY KeyCorp | 0.15 | 0.50 | 1.06 | 0.13 | 0.50 |
LAZ Lazard Ltd | -0.00 | 0.33 | 1.04 | -0.00 | -0.01 |
PRU | -0.12 | 0.03 | 1.00 | -0.13 | -0.38 |
SLF | 0.86 | 1.21 | 1.18 | 1.23 | 2.68 |
TFC | 0.18 | 0.49 | 1.06 | 0.14 | 0.72 |
GILD Gilead Sciences, Inc. | 2.46 | 3.47 | 1.44 | 2.06 | 14.27 |
PFE Pfizer Inc. | -0.35 | -0.34 | 0.96 | -0.14 | -0.71 |
SNY | 0.45 | 0.85 | 1.10 | 0.52 | 1.21 |
LMT Lockheed Martin Corporation | 0.21 | 0.42 | 1.07 | 0.16 | 0.33 |
CCI Crown Castle International Corp. | 0.66 | 1.12 | 1.14 | 0.33 | 1.30 |
SPG | 0.48 | 0.80 | 1.11 | 0.52 | 2.20 |
GLW Corning Incorporated | 1.11 | 1.67 | 1.24 | 1.37 | 4.54 |
IBM International Business Machines Corporation | 1.24 | 1.86 | 1.27 | 2.04 | 5.84 |
DUK Duke Energy Corporation | 2.06 | 2.79 | 1.34 | 3.13 | 8.05 |
EIX Edison International | -0.34 | -0.27 | 0.96 | -0.24 | -0.52 |
SO | 2.15 | 2.90 | 1.36 | 3.02 | 7.35 |
hyield
Benchmark (^GSPC)
Portfolio components
Dividends
Dividend yield
hyield provided a 4.98% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.98% | 4.62% | 4.78% | 4.55% | 3.96% | 4.60% | 4.49% | 4.57% | 3.42% | 3.45% | 3.36% | 2.77% |
| Portfolio components: | ||||||||||||
LYB LyondellBasell Industries N.V. | 9.44% | 7.10% | 5.20% | 11.92% | 4.81% | 4.58% | 20.27% | 4.81% | 3.22% | 3.88% | 3.50% | 3.40% |
BCE BCE Inc. | 13.03% | 12.58% | 7.28% | 6.43% | 5.33% | 5.76% | 5.16% | 5.84% | 4.63% | 4.83% | 5.19% | 4.84% |
OMC Omnicom Group Inc. | 3.82% | 3.25% | 3.24% | 3.43% | 3.82% | 4.17% | 3.21% | 3.28% | 3.09% | 2.53% | 2.64% | 2.45% |
VZ | 6.13% | 6.68% | 6.96% | 6.53% | 4.86% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% | 4.57% |
F Ford Motor Company | 7.79% | 7.88% | 10.25% | 4.30% | 0.48% | 1.71% | 6.45% | 9.54% | 5.20% | 7.01% | 4.26% | 3.23% |
QSR | 3.73% | 3.56% | 2.82% | 3.34% | 3.49% | 3.40% | 3.14% | 3.44% | 1.27% | 1.30% | 1.18% | 0.00% |
K Kellogg Company | 2.76% | 2.79% | 3.99% | 3.28% | 3.59% | 3.66% | 3.27% | 3.86% | 3.12% | 2.77% | 2.74% | 2.90% |
PM Philip Morris International Inc. | 3.28% | 4.40% | 5.46% | 4.98% | 5.16% | 5.73% | 5.43% | 6.73% | 3.99% | 4.50% | 4.60% | 4.76% |
CVX Chevron Corporation | 4.79% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% | 3.75% |
ENB Enbridge Inc. | 5.85% | 6.28% | 7.29% | 6.78% | 6.86% | 7.54% | 5.57% | 6.69% | 4.73% | 3.78% | 4.41% | 2.47% |
XOM | 3.63% | 3.57% | 3.68% | 3.22% | 5.70% | 8.44% | 4.92% | 4.74% | 3.66% | 3.30% | 3.69% | 2.92% |
PSX | 4.64% | 3.95% | 3.15% | 3.68% | 5.00% | 5.15% | 3.14% | 3.60% | 2.70% | 2.84% | 2.67% | 2.64% |
VLO | 3.94% | 3.49% | 3.14% | 3.09% | 5.22% | 6.93% | 3.84% | 4.27% | 3.05% | 3.51% | 2.40% | 2.12% |
C Citigroup Inc. | 3.49% | 3.10% | 4.04% | 4.51% | 3.38% | 3.31% | 2.40% | 2.96% | 1.29% | 0.71% | 0.31% | 0.07% |
KEY KeyCorp | 5.75% | 4.78% | 5.69% | 4.54% | 3.24% | 4.51% | 3.51% | 3.82% | 1.88% | 1.81% | 2.20% | 1.80% |
LAZ Lazard Ltd | 5.63% | 3.89% | 5.75% | 5.60% | 4.31% | 4.44% | 4.78% | 8.21% | 5.35% | 6.55% | 5.22% | 2.40% |
PRU | 5.28% | 4.39% | 4.82% | 4.83% | 4.25% | 5.64% | 4.27% | 4.41% | 2.61% | 2.69% | 3.00% | 2.40% |
SLF | 4.22% | 3.99% | 4.26% | 4.59% | 3.19% | 3.70% | 3.46% | 4.41% | 3.25% | 3.18% | 3.77% | 3.61% |
TFC | 5.79% | 4.79% | 5.63% | 4.65% | 3.18% | 3.76% | 3.04% | 3.60% | 2.53% | 2.45% | 2.78% | 2.44% |
GILD Gilead Sciences, Inc. | 2.97% | 3.33% | 3.70% | 3.40% | 3.91% | 4.67% | 3.88% | 3.65% | 2.90% | 2.57% | 1.27% | 0.00% |
PFE Pfizer Inc. | 7.63% | 6.33% | 5.70% | 3.12% | 2.64% | 3.92% | 3.68% | 3.12% | 3.54% | 3.70% | 3.48% | 3.34% |
SNY | 4.00% | 4.22% | 3.83% | 4.22% | 3.80% | 3.61% | 3.46% | 4.29% | 3.67% | 4.03% | 3.79% | 4.19% |
LMT Lockheed Martin Corporation | 2.78% | 2.62% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% | 2.85% |
CCI Crown Castle International Corp. | 6.04% | 6.90% | 5.43% | 4.41% | 2.62% | 3.10% | 3.22% | 3.94% | 3.51% | 4.15% | 3.87% | 2.38% |
SPG | 5.49% | 4.70% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% | 2.74% |
GLW Corning Incorporated | 2.70% | 2.36% | 3.68% | 3.38% | 2.58% | 2.44% | 2.75% | 2.38% | 1.94% | 2.22% | 2.63% | 1.74% |
IBM International Business Machines Corporation | 2.80% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% | 2.65% |
DUK Duke Energy Corporation | 3.42% | 3.84% | 4.18% | 3.86% | 3.72% | 4.17% | 4.11% | 4.21% | 4.15% | 4.33% | 4.54% | 3.77% |
EIX Edison International | 5.60% | 2.93% | 4.19% | 4.46% | 3.94% | 4.10% | 3.28% | 4.28% | 4.39% | 2.75% | 2.93% | 2.26% |
SO | 3.14% | 3.47% | 3.96% | 3.78% | 3.82% | 4.13% | 3.86% | 5.42% | 4.78% | 4.52% | 4.60% | 4.24% |
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.
hyield
Benchmark (^GSPC)
Portfolio components
Worst Drawdowns
The table below displays the maximum drawdowns of the hyield. 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 hyield was 41.89%, occurring on Mar 23, 2020. Recovery took 241 trading sessions.
The current hyield drawdown is 10.25%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.89% | Jan 21, 2020 | 44 | Mar 23, 2020 | 241 | Mar 8, 2021 | 285 |
| -19.81% | Jan 29, 2018 | 229 | Dec 24, 2018 | 131 | Jul 3, 2019 | 360 |
| -18.03% | Jun 8, 2022 | 80 | Sep 30, 2022 | 356 | Mar 4, 2024 | 436 |
| -15.47% | Dec 2, 2024 | 87 | Apr 8, 2025 | — | — | — |
| -13.43% | Jul 17, 2015 | 145 | Feb 11, 2016 | 45 | Apr 18, 2016 | 190 |
Volatility
Volatility Chart
The current hyield volatility is 10.52%, 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.
hyield
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.
| K | SNY | GILD | CCI | SO | DUK | QSR | PFE | LMT | EIX | VZ | PM | VLO | BCE | SPG | LAZ | ENB | F | PSX | OMC | GLW | XOM | CVX | LYB | IBM | KEY | SLF | TFC | C | PRU | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| K | 1.00 | 0.22 | 0.21 | 0.32 | 0.39 | 0.40 | 0.20 | 0.23 | 0.26 | 0.34 | 0.37 | 0.41 | 0.12 | 0.30 | 0.23 | 0.15 | 0.21 | 0.14 | 0.12 | 0.28 | 0.19 | 0.18 | 0.18 | 0.15 | 0.26 | 0.13 | 0.18 | 0.16 | 0.15 | 0.18 |
| SNY | 0.22 | 1.00 | 0.33 | 0.26 | 0.21 | 0.23 | 0.22 | 0.38 | 0.24 | 0.21 | 0.24 | 0.28 | 0.16 | 0.35 | 0.19 | 0.24 | 0.26 | 0.22 | 0.20 | 0.23 | 0.28 | 0.20 | 0.22 | 0.23 | 0.27 | 0.19 | 0.30 | 0.22 | 0.24 | 0.25 |
| GILD | 0.21 | 0.33 | 1.00 | 0.24 | 0.20 | 0.21 | 0.20 | 0.42 | 0.28 | 0.20 | 0.27 | 0.28 | 0.20 | 0.26 | 0.21 | 0.26 | 0.20 | 0.24 | 0.22 | 0.29 | 0.29 | 0.22 | 0.22 | 0.25 | 0.34 | 0.24 | 0.27 | 0.25 | 0.28 | 0.31 |
| CCI | 0.32 | 0.26 | 0.24 | 1.00 | 0.48 | 0.48 | 0.26 | 0.31 | 0.27 | 0.40 | 0.35 | 0.34 | 0.10 | 0.37 | 0.37 | 0.19 | 0.29 | 0.19 | 0.15 | 0.23 | 0.23 | 0.15 | 0.16 | 0.15 | 0.25 | 0.17 | 0.25 | 0.21 | 0.18 | 0.20 |
| SO | 0.39 | 0.21 | 0.20 | 0.48 | 1.00 | 0.81 | 0.22 | 0.27 | 0.29 | 0.63 | 0.41 | 0.37 | 0.12 | 0.36 | 0.30 | 0.11 | 0.27 | 0.16 | 0.14 | 0.22 | 0.17 | 0.19 | 0.18 | 0.14 | 0.25 | 0.10 | 0.18 | 0.15 | 0.10 | 0.17 |
| DUK | 0.40 | 0.23 | 0.21 | 0.48 | 0.81 | 1.00 | 0.20 | 0.29 | 0.30 | 0.65 | 0.44 | 0.40 | 0.11 | 0.37 | 0.33 | 0.12 | 0.29 | 0.14 | 0.13 | 0.24 | 0.18 | 0.19 | 0.18 | 0.14 | 0.27 | 0.09 | 0.17 | 0.15 | 0.10 | 0.16 |
| QSR | 0.20 | 0.22 | 0.20 | 0.26 | 0.22 | 0.20 | 1.00 | 0.22 | 0.26 | 0.25 | 0.24 | 0.26 | 0.23 | 0.35 | 0.34 | 0.33 | 0.35 | 0.32 | 0.27 | 0.33 | 0.35 | 0.24 | 0.27 | 0.30 | 0.33 | 0.31 | 0.39 | 0.32 | 0.34 | 0.35 |
| PFE | 0.23 | 0.38 | 0.42 | 0.31 | 0.27 | 0.29 | 0.22 | 1.00 | 0.30 | 0.25 | 0.34 | 0.30 | 0.21 | 0.31 | 0.25 | 0.27 | 0.26 | 0.25 | 0.23 | 0.29 | 0.33 | 0.26 | 0.26 | 0.26 | 0.36 | 0.26 | 0.28 | 0.28 | 0.30 | 0.32 |
| LMT | 0.26 | 0.24 | 0.28 | 0.27 | 0.29 | 0.30 | 0.26 | 0.30 | 1.00 | 0.31 | 0.29 | 0.32 | 0.26 | 0.30 | 0.23 | 0.25 | 0.28 | 0.26 | 0.30 | 0.32 | 0.29 | 0.32 | 0.32 | 0.29 | 0.37 | 0.27 | 0.31 | 0.29 | 0.28 | 0.36 |
| EIX | 0.34 | 0.21 | 0.20 | 0.40 | 0.63 | 0.65 | 0.25 | 0.25 | 0.31 | 1.00 | 0.37 | 0.36 | 0.17 | 0.34 | 0.39 | 0.21 | 0.33 | 0.24 | 0.21 | 0.29 | 0.26 | 0.25 | 0.23 | 0.23 | 0.30 | 0.21 | 0.25 | 0.24 | 0.20 | 0.27 |
| VZ | 0.37 | 0.24 | 0.27 | 0.35 | 0.41 | 0.44 | 0.24 | 0.34 | 0.29 | 0.37 | 1.00 | 0.38 | 0.20 | 0.41 | 0.29 | 0.21 | 0.27 | 0.26 | 0.24 | 0.35 | 0.25 | 0.28 | 0.29 | 0.27 | 0.39 | 0.26 | 0.28 | 0.30 | 0.27 | 0.33 |
| PM | 0.41 | 0.28 | 0.28 | 0.34 | 0.37 | 0.40 | 0.26 | 0.30 | 0.32 | 0.36 | 0.38 | 1.00 | 0.21 | 0.38 | 0.35 | 0.28 | 0.33 | 0.28 | 0.25 | 0.37 | 0.30 | 0.30 | 0.30 | 0.29 | 0.36 | 0.28 | 0.32 | 0.31 | 0.31 | 0.32 |
| VLO | 0.12 | 0.16 | 0.20 | 0.10 | 0.12 | 0.11 | 0.23 | 0.21 | 0.26 | 0.17 | 0.20 | 0.21 | 1.00 | 0.23 | 0.31 | 0.36 | 0.39 | 0.36 | 0.78 | 0.34 | 0.36 | 0.60 | 0.59 | 0.47 | 0.37 | 0.42 | 0.37 | 0.41 | 0.45 | 0.47 |
| BCE | 0.30 | 0.35 | 0.26 | 0.37 | 0.36 | 0.37 | 0.35 | 0.31 | 0.30 | 0.34 | 0.41 | 0.38 | 0.23 | 1.00 | 0.33 | 0.29 | 0.50 | 0.30 | 0.29 | 0.35 | 0.31 | 0.34 | 0.35 | 0.35 | 0.36 | 0.27 | 0.46 | 0.29 | 0.30 | 0.33 |
| SPG | 0.23 | 0.19 | 0.21 | 0.37 | 0.30 | 0.33 | 0.34 | 0.25 | 0.23 | 0.39 | 0.29 | 0.35 | 0.31 | 0.33 | 1.00 | 0.37 | 0.36 | 0.44 | 0.35 | 0.43 | 0.40 | 0.34 | 0.34 | 0.37 | 0.38 | 0.41 | 0.37 | 0.43 | 0.41 | 0.43 |
| LAZ | 0.15 | 0.24 | 0.26 | 0.19 | 0.11 | 0.12 | 0.33 | 0.27 | 0.25 | 0.21 | 0.21 | 0.28 | 0.36 | 0.29 | 0.37 | 1.00 | 0.37 | 0.47 | 0.39 | 0.43 | 0.50 | 0.36 | 0.38 | 0.47 | 0.41 | 0.57 | 0.48 | 0.56 | 0.60 | 0.58 |
| ENB | 0.21 | 0.26 | 0.20 | 0.29 | 0.27 | 0.29 | 0.35 | 0.26 | 0.28 | 0.33 | 0.27 | 0.33 | 0.39 | 0.50 | 0.36 | 0.37 | 1.00 | 0.36 | 0.47 | 0.34 | 0.37 | 0.50 | 0.53 | 0.46 | 0.39 | 0.35 | 0.51 | 0.36 | 0.40 | 0.40 |
| F | 0.14 | 0.22 | 0.24 | 0.19 | 0.16 | 0.14 | 0.32 | 0.25 | 0.26 | 0.24 | 0.26 | 0.28 | 0.36 | 0.30 | 0.44 | 0.47 | 0.36 | 1.00 | 0.41 | 0.47 | 0.48 | 0.42 | 0.42 | 0.49 | 0.44 | 0.54 | 0.50 | 0.53 | 0.55 | 0.59 |
| PSX | 0.12 | 0.20 | 0.22 | 0.15 | 0.14 | 0.13 | 0.27 | 0.23 | 0.30 | 0.21 | 0.24 | 0.25 | 0.78 | 0.29 | 0.35 | 0.39 | 0.47 | 0.41 | 1.00 | 0.38 | 0.40 | 0.67 | 0.68 | 0.55 | 0.41 | 0.47 | 0.44 | 0.46 | 0.51 | 0.53 |
| OMC | 0.28 | 0.23 | 0.29 | 0.23 | 0.22 | 0.24 | 0.33 | 0.29 | 0.32 | 0.29 | 0.35 | 0.37 | 0.34 | 0.35 | 0.43 | 0.43 | 0.34 | 0.47 | 0.38 | 1.00 | 0.47 | 0.38 | 0.37 | 0.46 | 0.47 | 0.49 | 0.45 | 0.49 | 0.50 | 0.54 |
| GLW | 0.19 | 0.28 | 0.29 | 0.23 | 0.17 | 0.18 | 0.35 | 0.33 | 0.29 | 0.26 | 0.25 | 0.30 | 0.36 | 0.31 | 0.40 | 0.50 | 0.37 | 0.48 | 0.40 | 0.47 | 1.00 | 0.39 | 0.40 | 0.51 | 0.50 | 0.51 | 0.50 | 0.52 | 0.55 | 0.56 |
| XOM | 0.18 | 0.20 | 0.22 | 0.15 | 0.19 | 0.19 | 0.24 | 0.26 | 0.32 | 0.25 | 0.28 | 0.30 | 0.60 | 0.34 | 0.34 | 0.36 | 0.50 | 0.42 | 0.67 | 0.38 | 0.39 | 1.00 | 0.83 | 0.56 | 0.41 | 0.45 | 0.44 | 0.44 | 0.49 | 0.51 |
| CVX | 0.18 | 0.22 | 0.22 | 0.16 | 0.18 | 0.18 | 0.27 | 0.26 | 0.32 | 0.23 | 0.29 | 0.30 | 0.59 | 0.35 | 0.34 | 0.38 | 0.53 | 0.42 | 0.68 | 0.37 | 0.40 | 0.83 | 1.00 | 0.55 | 0.42 | 0.45 | 0.46 | 0.44 | 0.49 | 0.52 |
| LYB | 0.15 | 0.23 | 0.25 | 0.15 | 0.14 | 0.14 | 0.30 | 0.26 | 0.29 | 0.23 | 0.27 | 0.29 | 0.47 | 0.35 | 0.37 | 0.47 | 0.46 | 0.49 | 0.55 | 0.46 | 0.51 | 0.56 | 0.55 | 1.00 | 0.46 | 0.54 | 0.52 | 0.52 | 0.55 | 0.60 |
| IBM | 0.26 | 0.27 | 0.34 | 0.25 | 0.25 | 0.27 | 0.33 | 0.36 | 0.37 | 0.30 | 0.39 | 0.36 | 0.37 | 0.36 | 0.38 | 0.41 | 0.39 | 0.44 | 0.41 | 0.47 | 0.50 | 0.41 | 0.42 | 0.46 | 1.00 | 0.45 | 0.48 | 0.47 | 0.48 | 0.52 |
| KEY | 0.13 | 0.19 | 0.24 | 0.17 | 0.10 | 0.09 | 0.31 | 0.26 | 0.27 | 0.21 | 0.26 | 0.28 | 0.42 | 0.27 | 0.41 | 0.57 | 0.35 | 0.54 | 0.47 | 0.49 | 0.51 | 0.45 | 0.45 | 0.54 | 0.45 | 1.00 | 0.56 | 0.85 | 0.77 | 0.77 |
| SLF | 0.18 | 0.30 | 0.27 | 0.25 | 0.18 | 0.17 | 0.39 | 0.28 | 0.31 | 0.25 | 0.28 | 0.32 | 0.37 | 0.46 | 0.37 | 0.48 | 0.51 | 0.50 | 0.44 | 0.45 | 0.50 | 0.44 | 0.46 | 0.52 | 0.48 | 0.56 | 1.00 | 0.56 | 0.59 | 0.65 |
| TFC | 0.16 | 0.22 | 0.25 | 0.21 | 0.15 | 0.15 | 0.32 | 0.28 | 0.29 | 0.24 | 0.30 | 0.31 | 0.41 | 0.29 | 0.43 | 0.56 | 0.36 | 0.53 | 0.46 | 0.49 | 0.52 | 0.44 | 0.44 | 0.52 | 0.47 | 0.85 | 0.56 | 1.00 | 0.75 | 0.77 |
| C | 0.15 | 0.24 | 0.28 | 0.18 | 0.10 | 0.10 | 0.34 | 0.30 | 0.28 | 0.20 | 0.27 | 0.31 | 0.45 | 0.30 | 0.41 | 0.60 | 0.40 | 0.55 | 0.51 | 0.50 | 0.55 | 0.49 | 0.49 | 0.55 | 0.48 | 0.77 | 0.59 | 0.75 | 1.00 | 0.76 |
| PRU | 0.18 | 0.25 | 0.31 | 0.20 | 0.17 | 0.16 | 0.35 | 0.32 | 0.36 | 0.27 | 0.33 | 0.32 | 0.47 | 0.33 | 0.43 | 0.58 | 0.40 | 0.59 | 0.53 | 0.54 | 0.56 | 0.51 | 0.52 | 0.60 | 0.52 | 0.77 | 0.65 | 0.77 | 0.76 | 1.00 |
The correlation results are calculated based on daily price changes starting from Dec 11, 2014