hyield
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification
hyield
Last updated Sep 7, 2024
Asset Allocation
| Position | Category/Sector | 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 Prudential Financial, Inc. | Financial Services | 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% |
Quarterly
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 Quarterly
hyield
Benchmark (^GSPC)
Portfolio components
The earliest data available for this chart is Apr 28, 2010, corresponding to the inception date of LYB
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.39% | 4.02% | 5.56% | 21.51% | 12.69% | 10.55% |
| hyield | 15.49% | 3.47% | 11.16% | 24.08% | 10.57% | N/A |
| Portfolio components: | ||||||
LYB LyondellBasell Industries N.V. | 2.32% | -1.47% | -2.89% | -0.80% | 9.14% | 5.13% |
BCE BCE Inc. | -5.29% | 2.08% | 2.10% | -4.69% | 0.08% | 3.31% |
OMC Omnicom Group Inc. | 15.90% | 5.53% | 8.52% | 29.30% | 8.64% | 6.68% |
VZ | 14.64% | 1.55% | 7.57% | 31.96% | -1.67% | N/A |
F Ford Motor Company | -8.38% | 4.44% | -10.71% | -7.80% | 6.69% | 0.50% |
QSR | -12.07% | -5.98% | -13.81% | 3.06% | 1.43% | N/A |
K Kellogg Company | 47.09% | 8.49% | 50.19% | 49.02% | 6.82% | 3.41% |
PM Philip Morris International Inc. | 37.35% | 8.19% | 39.42% | 41.82% | 17.84% | 9.64% |
CVX Chevron Corporation | -4.08% | -3.03% | -5.57% | -13.54% | 7.72% | 5.43% |
ENB Enbridge Inc. | 18.47% | 6.08% | 16.70% | 29.72% | 10.60% | 3.49% |
XOM | 15.56% | -3.68% | 5.62% | 0.85% | 15.09% | N/A |
PSX | -1.48% | -4.59% | -12.79% | 8.30% | 9.14% | N/A |
VLO | 5.42% | -11.49% | -9.04% | -2.74% | 16.00% | N/A |
C Citigroup Inc. | 18.10% | 1.88% | 4.64% | 51.61% | 0.75% | 4.10% |
KEY KeyCorp | 13.58% | 9.30% | 8.05% | 47.90% | 2.58% | 5.36% |
LAZ Lazard Ltd | 41.47% | 6.53% | 23.04% | 51.65% | 10.66% | 4.32% |
PRU Prudential Financial, Inc. | 12.98% | 5.35% | 4.21% | 24.85% | 11.64% | 6.96% |
SLF | 8.90% | 16.15% | 1.64% | 18.89% | 9.29% | N/A |
TFC | 18.60% | 1.23% | 15.27% | 49.60% | 0.93% | N/A |
GILD Gilead Sciences, Inc. | -0.63% | 4.14% | 7.16% | 7.94% | 7.84% | 0.23% |
PFE Pfizer Inc. | 3.66% | -0.70% | 8.01% | -11.69% | 0.16% | 4.28% |
SNY | 16.09% | 10.78% | 19.65% | 7.73% | 8.93% | N/A |
LMT Lockheed Martin Corporation | 27.49% | 3.29% | 32.51% | 37.55% | 11.27% | 15.58% |
CCI Crown Castle International Corp. | 3.89% | 4.71% | 5.98% | 24.22% | -0.23% | 8.00% |
SPG | 18.36% | 6.02% | 10.41% | 49.45% | 6.50% | N/A |
GLW Corning Incorporated | 36.57% | 5.97% | 26.03% | 33.86% | 10.52% | 9.78% |
IBM International Business Machines Corporation | 26.18% | 5.13% | 4.37% | 41.33% | 13.31% | 5.45% |
DUK Duke Energy Corporation | 23.88% | 4.68% | 25.20% | 33.60% | 8.85% | 9.18% |
EIX Edison International | 23.94% | 6.02% | 27.91% | 29.80% | 8.67% | 8.16% |
SO | 29.65% | 3.11% | 30.36% | 35.18% | 12.88% | N/A |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.35% | 0.06% | 6.15% | -3.96% | 3.51% | -0.75% | 6.81% | 3.99% | 15.49% | ||||
| 2023 | 4.85% | -4.01% | -1.23% | -0.45% | -5.76% | 5.76% | 2.74% | -2.89% | -2.64% | -3.71% | 7.98% | 5.76% | 5.34% |
| 2022 | 3.06% | -1.62% | 2.99% | -3.36% | 5.30% | -8.90% | 5.95% | -2.45% | -10.41% | 12.34% | 6.29% | -2.70% | 4.15% |
| 2021 | -0.13% | 7.42% | 6.24% | 3.75% | 3.77% | -1.43% | -1.75% | 1.35% | -1.79% | 3.45% | -1.73% | 6.18% | 27.67% |
| 2020 | -3.00% | -9.64% | -18.54% | 13.81% | 1.93% | -0.48% | 1.80% | 1.46% | -3.28% | -1.94% | 15.67% | 2.70% | -4.06% |
| 2019 | 10.37% | 2.09% | 0.15% | 3.65% | -6.77% | 7.50% | 0.89% | -2.94% | 4.54% | 0.25% | 2.28% | 2.20% | 25.76% |
| 2018 | 2.32% | -5.30% | -1.02% | 0.66% | 0.68% | 1.00% | 4.60% | -1.30% | 0.36% | -4.93% | 2.07% | -9.45% | -10.63% |
| 2017 | 0.53% | 3.31% | -0.66% | -1.04% | 0.21% | 2.24% | 1.31% | 0.02% | 3.21% | 0.31% | 2.90% | 0.57% | 13.56% |
| 2016 | -4.65% | 1.14% | 7.30% | 1.29% | 1.06% | 0.38% | 1.95% | 0.23% | -0.38% | -0.32% | 4.61% | 2.58% | 15.77% |
| 2015 | -1.91% | 4.48% | -1.12% | 1.30% | 0.08% | -1.14% | 1.96% | -5.65% | -1.91% | 7.46% | -0.94% | -1.73% | 0.26% |
| 2014 | 2.40% | 2.40% |
Expense Ratio
hyield 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 rank of hyield is 72, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
hyield
Sharpe Ratio Rank
Sortino Ratio Rank
Omega Ratio Rank
Calmar Ratio Rank
Martin Ratio Rank
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 | |
|---|---|---|---|---|---|
LYB LyondellBasell Industries N.V. | -0.06 | 0.05 | 1.01 | -0.07 | -0.18 |
BCE BCE Inc. | -0.29 | -0.28 | 0.97 | -0.13 | -0.39 |
OMC Omnicom Group Inc. | 1.35 | 1.90 | 1.24 | 1.07 | 6.66 |
VZ | 1.30 | 2.02 | 1.26 | 0.71 | 7.27 |
F Ford Motor Company | -0.16 | 0.04 | 1.01 | -0.11 | -0.48 |
QSR | 0.19 | 0.42 | 1.05 | 0.22 | 0.45 |
K Kellogg Company | 1.77 | 3.24 | 1.41 | 1.24 | 8.56 |
PM Philip Morris International Inc. | 2.55 | 3.48 | 1.45 | 2.96 | 11.55 |
CVX Chevron Corporation | -0.64 | -0.76 | 0.90 | -0.59 | -1.41 |
ENB Enbridge Inc. | 1.95 | 2.75 | 1.34 | 1.10 | 7.27 |
XOM | 0.09 | 0.28 | 1.03 | 0.10 | 0.19 |
PSX | 0.53 | 0.89 | 1.11 | 0.55 | 1.11 |
VLO | 0.11 | 0.35 | 1.04 | 0.12 | 0.24 |
C Citigroup Inc. | 2.00 | 2.71 | 1.34 | 1.02 | 9.64 |
KEY KeyCorp | 1.38 | 2.14 | 1.25 | 0.83 | 7.07 |
LAZ Lazard Ltd | 1.61 | 2.39 | 1.28 | 1.19 | 6.79 |
PRU Prudential Financial, Inc. | 1.19 | 1.55 | 1.23 | 1.23 | 5.33 |
SLF | 0.88 | 1.32 | 1.17 | 0.94 | 2.64 |
TFC | 1.74 | 2.53 | 1.29 | 0.89 | 10.54 |
GILD Gilead Sciences, Inc. | 0.44 | 0.75 | 1.10 | 0.35 | 0.72 |
PFE Pfizer Inc. | -0.48 | -0.55 | 0.93 | -0.22 | -0.84 |
SNY | 0.34 | 0.58 | 1.11 | 0.44 | 0.85 |
LMT Lockheed Martin Corporation | 2.21 | 3.77 | 1.47 | 1.89 | 11.31 |
CCI Crown Castle International Corp. | 0.98 | 1.60 | 1.19 | 0.44 | 2.66 |
SPG | 2.17 | 3.05 | 1.37 | 1.50 | 10.68 |
GLW Corning Incorporated | 1.22 | 2.04 | 1.26 | 0.83 | 4.34 |
IBM International Business Machines Corporation | 1.91 | 2.76 | 1.39 | 2.43 | 5.91 |
DUK Duke Energy Corporation | 2.35 | 3.25 | 1.40 | 1.82 | 9.65 |
EIX Edison International | 1.69 | 2.44 | 1.30 | 2.06 | 5.63 |
SO | 2.14 | 3.04 | 1.37 | 2.08 | 9.44 |
hyield
Benchmark (^GSPC)
Portfolio components
Dividends
Dividend yield
hyield granted a 4.31% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| hyield | 4.31% | 4.68% | 4.43% | 3.84% | 4.48% | 4.37% | 4.44% | 3.32% | 3.36% | 3.27% | 2.67% | 2.47% |
| Portfolio components: | ||||||||||||
LYB LyondellBasell Industries N.V. | 5.54% | 5.20% | 11.92% | 4.81% | 4.58% | 20.27% | 4.81% | 3.22% | 3.88% | 3.50% | 3.40% | 2.49% |
BCE BCE Inc. | 8.06% | 7.30% | 6.37% | 5.32% | 5.78% | 5.15% | 5.81% | 4.63% | 4.81% | 5.18% | 4.83% | 5.20% |
OMC Omnicom Group Inc. | 2.84% | 3.24% | 3.43% | 3.82% | 4.17% | 3.21% | 3.28% | 3.09% | 2.53% | 2.64% | 2.45% | 2.15% |
VZ | 6.46% | 6.96% | 6.53% | 4.85% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% | 4.57% | 4.22% |
F Ford Motor Company | 7.35% | 10.20% | 4.03% | 0.45% | 1.60% | 6.05% | 9.18% | 5.20% | 7.01% | 4.26% | 3.23% | 2.35% |
QSR | 3.34% | 2.82% | 3.34% | 3.49% | 3.40% | 3.14% | 3.44% | 1.27% | 1.30% | 1.18% | 0.00% | 0.00% |
K Kellogg Company | 2.81% | 1.16% | 0.17% | 0.19% | 0.19% | 0.17% | 0.20% | 0.16% | 0.14% | 0.14% | 0.15% | 0.15% |
PM Philip Morris International Inc. | 4.13% | 5.46% | 4.98% | 5.16% | 5.73% | 5.43% | 6.73% | 3.99% | 4.50% | 4.60% | 4.76% | 4.11% |
CVX Chevron Corporation | 4.62% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% | 3.75% | 3.12% |
ENB Enbridge Inc. | 6.60% | 7.29% | 6.78% | 6.86% | 7.54% | 5.57% | 6.69% | 4.73% | 3.78% | 4.41% | 2.47% | 2.82% |
XOM | 3.37% | 3.68% | 3.22% | 5.70% | 8.44% | 4.92% | 4.74% | 3.66% | 3.30% | 3.69% | 2.92% | 2.43% |
PSX | 3.43% | 3.15% | 3.68% | 5.00% | 5.15% | 3.14% | 3.60% | 2.70% | 2.84% | 2.67% | 2.64% | 1.72% |
VLO | 3.15% | 3.14% | 3.09% | 5.22% | 6.93% | 3.84% | 4.27% | 3.05% | 3.51% | 2.40% | 2.12% | 1.29% |
C Citigroup Inc. | 3.64% | 4.04% | 4.51% | 3.38% | 3.31% | 2.40% | 2.96% | 1.29% | 0.71% | 0.31% | 0.07% | 0.08% |
KEY KeyCorp | 5.22% | 5.69% | 4.54% | 3.24% | 4.51% | 3.51% | 3.82% | 1.88% | 1.81% | 2.20% | 1.80% | 1.60% |
LAZ Lazard Ltd | 4.22% | 5.75% | 5.60% | 4.31% | 4.44% | 4.78% | 8.21% | 5.35% | 6.55% | 5.22% | 2.40% | 2.21% |
PRU Prudential Financial, Inc. | 4.55% | 4.82% | 4.83% | 4.25% | 5.64% | 4.27% | 4.41% | 2.61% | 2.69% | 3.00% | 2.40% | 1.88% |
SLF | 4.29% | 4.26% | 4.60% | 3.17% | 3.70% | 3.46% | 4.41% | 3.25% | 3.18% | 3.76% | 3.61% | 3.91% |
TFC | 4.95% | 5.63% | 4.65% | 3.18% | 3.76% | 3.04% | 3.60% | 2.53% | 2.44% | 2.77% | 2.44% | 3.00% |
GILD Gilead Sciences, Inc. | 3.86% | 3.70% | 3.40% | 3.91% | 4.67% | 3.88% | 3.65% | 2.90% | 2.57% | 1.27% | 0.00% | 0.00% |
PFE Pfizer Inc. | 5.85% | 5.70% | 3.12% | 2.64% | 3.91% | 3.68% | 3.12% | 3.53% | 3.69% | 3.47% | 3.34% | 3.13% |
SNY | 3.53% | 3.82% | 4.22% | 3.80% | 3.61% | 3.46% | 4.29% | 3.67% | 4.03% | 3.77% | 4.19% | 3.47% |
LMT Lockheed Martin Corporation | 2.22% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% | 2.85% | 3.22% |
CCI Crown Castle International Corp. | 5.39% | 5.43% | 4.41% | 2.62% | 3.10% | 3.22% | 3.94% | 3.51% | 4.15% | 3.87% | 2.38% | 0.00% |
SPG | 3.56% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% | 2.74% | 3.06% |
GLW Corning Incorporated | 2.76% | 3.68% | 3.38% | 2.58% | 2.44% | 2.75% | 2.38% | 1.94% | 2.22% | 2.63% | 1.74% | 2.19% |
IBM International Business Machines Corporation | 3.32% | 4.05% | 4.68% | 4.74% | 5.17% | 4.79% | 5.46% | 3.84% | 3.31% | 3.63% | 2.65% | 1.97% |
DUK Duke Energy Corporation | 3.53% | 4.18% | 3.86% | 3.72% | 4.17% | 4.11% | 4.21% | 4.15% | 4.33% | 4.54% | 3.77% | 4.48% |
EIX Edison International | 3.55% | 4.19% | 4.46% | 3.94% | 4.10% | 3.28% | 4.28% | 4.39% | 2.75% | 2.93% | 2.26% | 2.95% |
SO | 3.21% | 3.96% | 3.78% | 3.82% | 4.13% | 3.86% | 5.42% | 4.78% | 4.52% | 4.60% | 4.24% | 4.90% |
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 41.05%, occurring on Mar 23, 2020. Recovery took 224 trading sessions.
The current hyield drawdown is 2.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.05% | Jan 21, 2020 | 44 | Mar 23, 2020 | 224 | Feb 10, 2021 | 268 |
| -18.47% | Jan 29, 2018 | 229 | Dec 24, 2018 | 86 | Apr 30, 2019 | 315 |
| -16.98% | Jun 8, 2022 | 80 | Sep 30, 2022 | 70 | Jan 11, 2023 | 150 |
| -14.25% | Feb 14, 2023 | 178 | Oct 27, 2023 | 44 | Jan 2, 2024 | 222 |
| -13.18% | May 18, 2015 | 171 | Jan 20, 2016 | 58 | Apr 13, 2016 | 229 |
Volatility
Volatility Chart
The current hyield volatility is 2.89%, 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 | EIX | LMT | VZ | PM | VLO | SPG | BCE | LAZ | F | ENB | PSX | OMC | XOM | GLW | CVX | LYB | IBM | KEY | SLF | TFC | C | PRU | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| K | 1.00 | 0.23 | 0.21 | 0.33 | 0.40 | 0.41 | 0.21 | 0.24 | 0.35 | 0.27 | 0.38 | 0.42 | 0.12 | 0.24 | 0.31 | 0.15 | 0.15 | 0.22 | 0.12 | 0.28 | 0.19 | 0.20 | 0.18 | 0.16 | 0.27 | 0.13 | 0.18 | 0.16 | 0.15 | 0.18 |
| SNY | 0.23 | 1.00 | 0.34 | 0.26 | 0.20 | 0.22 | 0.23 | 0.38 | 0.21 | 0.25 | 0.25 | 0.29 | 0.17 | 0.19 | 0.34 | 0.24 | 0.22 | 0.27 | 0.20 | 0.24 | 0.21 | 0.29 | 0.22 | 0.22 | 0.28 | 0.20 | 0.31 | 0.22 | 0.25 | 0.26 |
| GILD | 0.21 | 0.34 | 1.00 | 0.24 | 0.19 | 0.21 | 0.20 | 0.43 | 0.19 | 0.28 | 0.27 | 0.28 | 0.21 | 0.21 | 0.26 | 0.26 | 0.24 | 0.21 | 0.22 | 0.29 | 0.22 | 0.30 | 0.22 | 0.24 | 0.35 | 0.25 | 0.27 | 0.26 | 0.28 | 0.31 |
| CCI | 0.33 | 0.26 | 0.24 | 1.00 | 0.47 | 0.47 | 0.25 | 0.30 | 0.40 | 0.26 | 0.34 | 0.33 | 0.10 | 0.37 | 0.36 | 0.21 | 0.19 | 0.29 | 0.14 | 0.23 | 0.14 | 0.25 | 0.16 | 0.15 | 0.26 | 0.18 | 0.26 | 0.21 | 0.19 | 0.20 |
| SO | 0.40 | 0.20 | 0.19 | 0.47 | 1.00 | 0.80 | 0.21 | 0.27 | 0.64 | 0.28 | 0.39 | 0.36 | 0.13 | 0.31 | 0.36 | 0.12 | 0.16 | 0.27 | 0.13 | 0.22 | 0.19 | 0.18 | 0.18 | 0.14 | 0.26 | 0.11 | 0.19 | 0.15 | 0.11 | 0.17 |
| DUK | 0.41 | 0.22 | 0.21 | 0.47 | 0.80 | 1.00 | 0.19 | 0.29 | 0.66 | 0.30 | 0.43 | 0.39 | 0.11 | 0.34 | 0.37 | 0.12 | 0.14 | 0.29 | 0.13 | 0.24 | 0.19 | 0.20 | 0.18 | 0.14 | 0.29 | 0.10 | 0.18 | 0.16 | 0.11 | 0.17 |
| QSR | 0.21 | 0.23 | 0.20 | 0.25 | 0.21 | 0.19 | 1.00 | 0.22 | 0.25 | 0.26 | 0.23 | 0.26 | 0.24 | 0.34 | 0.35 | 0.34 | 0.33 | 0.35 | 0.27 | 0.33 | 0.24 | 0.37 | 0.26 | 0.29 | 0.34 | 0.32 | 0.40 | 0.33 | 0.35 | 0.35 |
| PFE | 0.24 | 0.38 | 0.43 | 0.30 | 0.27 | 0.29 | 0.22 | 1.00 | 0.25 | 0.32 | 0.33 | 0.31 | 0.22 | 0.25 | 0.31 | 0.27 | 0.24 | 0.26 | 0.24 | 0.29 | 0.26 | 0.34 | 0.27 | 0.26 | 0.37 | 0.27 | 0.29 | 0.28 | 0.31 | 0.32 |
| EIX | 0.35 | 0.21 | 0.19 | 0.40 | 0.64 | 0.66 | 0.25 | 0.25 | 1.00 | 0.31 | 0.37 | 0.36 | 0.18 | 0.39 | 0.35 | 0.21 | 0.23 | 0.33 | 0.21 | 0.29 | 0.25 | 0.26 | 0.24 | 0.23 | 0.31 | 0.20 | 0.24 | 0.23 | 0.20 | 0.26 |
| LMT | 0.27 | 0.25 | 0.28 | 0.26 | 0.28 | 0.30 | 0.26 | 0.32 | 0.31 | 1.00 | 0.29 | 0.33 | 0.27 | 0.23 | 0.31 | 0.27 | 0.26 | 0.28 | 0.31 | 0.33 | 0.33 | 0.31 | 0.33 | 0.30 | 0.39 | 0.29 | 0.32 | 0.30 | 0.30 | 0.37 |
| VZ | 0.38 | 0.25 | 0.27 | 0.34 | 0.39 | 0.43 | 0.23 | 0.33 | 0.37 | 0.29 | 1.00 | 0.38 | 0.20 | 0.30 | 0.41 | 0.23 | 0.26 | 0.28 | 0.24 | 0.35 | 0.29 | 0.28 | 0.30 | 0.27 | 0.41 | 0.28 | 0.29 | 0.31 | 0.30 | 0.34 |
| PM | 0.42 | 0.29 | 0.28 | 0.33 | 0.36 | 0.39 | 0.26 | 0.31 | 0.36 | 0.33 | 0.38 | 1.00 | 0.22 | 0.35 | 0.38 | 0.29 | 0.29 | 0.33 | 0.25 | 0.38 | 0.31 | 0.32 | 0.31 | 0.30 | 0.38 | 0.29 | 0.33 | 0.31 | 0.31 | 0.33 |
| VLO | 0.12 | 0.17 | 0.21 | 0.10 | 0.13 | 0.11 | 0.24 | 0.22 | 0.18 | 0.27 | 0.20 | 0.22 | 1.00 | 0.31 | 0.24 | 0.38 | 0.36 | 0.40 | 0.78 | 0.34 | 0.60 | 0.39 | 0.59 | 0.48 | 0.38 | 0.43 | 0.38 | 0.42 | 0.47 | 0.48 |
| SPG | 0.24 | 0.19 | 0.21 | 0.37 | 0.31 | 0.34 | 0.34 | 0.25 | 0.39 | 0.23 | 0.30 | 0.35 | 0.31 | 1.00 | 0.34 | 0.38 | 0.45 | 0.36 | 0.35 | 0.43 | 0.34 | 0.40 | 0.35 | 0.37 | 0.39 | 0.41 | 0.37 | 0.43 | 0.42 | 0.43 |
| BCE | 0.31 | 0.34 | 0.26 | 0.36 | 0.36 | 0.37 | 0.35 | 0.31 | 0.35 | 0.31 | 0.41 | 0.38 | 0.24 | 0.34 | 1.00 | 0.31 | 0.31 | 0.53 | 0.30 | 0.36 | 0.35 | 0.35 | 0.36 | 0.36 | 0.39 | 0.29 | 0.50 | 0.31 | 0.32 | 0.36 |
| LAZ | 0.15 | 0.24 | 0.26 | 0.21 | 0.12 | 0.12 | 0.34 | 0.27 | 0.21 | 0.27 | 0.23 | 0.29 | 0.38 | 0.38 | 0.31 | 1.00 | 0.48 | 0.37 | 0.41 | 0.43 | 0.38 | 0.50 | 0.40 | 0.48 | 0.42 | 0.57 | 0.49 | 0.56 | 0.60 | 0.59 |
| F | 0.15 | 0.22 | 0.24 | 0.19 | 0.16 | 0.14 | 0.33 | 0.24 | 0.23 | 0.26 | 0.26 | 0.29 | 0.36 | 0.45 | 0.31 | 0.48 | 1.00 | 0.37 | 0.40 | 0.47 | 0.41 | 0.50 | 0.43 | 0.49 | 0.44 | 0.55 | 0.50 | 0.54 | 0.56 | 0.59 |
| ENB | 0.22 | 0.27 | 0.21 | 0.29 | 0.27 | 0.29 | 0.35 | 0.26 | 0.33 | 0.28 | 0.28 | 0.33 | 0.40 | 0.36 | 0.53 | 0.37 | 0.37 | 1.00 | 0.49 | 0.35 | 0.51 | 0.38 | 0.54 | 0.47 | 0.40 | 0.36 | 0.52 | 0.36 | 0.41 | 0.40 |
| PSX | 0.12 | 0.20 | 0.22 | 0.14 | 0.13 | 0.13 | 0.27 | 0.24 | 0.21 | 0.31 | 0.24 | 0.25 | 0.78 | 0.35 | 0.30 | 0.41 | 0.40 | 0.49 | 1.00 | 0.38 | 0.67 | 0.42 | 0.68 | 0.55 | 0.41 | 0.48 | 0.45 | 0.46 | 0.52 | 0.53 |
| OMC | 0.28 | 0.24 | 0.29 | 0.23 | 0.22 | 0.24 | 0.33 | 0.29 | 0.29 | 0.33 | 0.35 | 0.38 | 0.34 | 0.43 | 0.36 | 0.43 | 0.47 | 0.35 | 0.38 | 1.00 | 0.38 | 0.49 | 0.38 | 0.46 | 0.49 | 0.50 | 0.45 | 0.50 | 0.51 | 0.54 |
| XOM | 0.19 | 0.21 | 0.22 | 0.14 | 0.19 | 0.19 | 0.24 | 0.26 | 0.25 | 0.33 | 0.29 | 0.31 | 0.60 | 0.34 | 0.35 | 0.38 | 0.41 | 0.51 | 0.67 | 0.38 | 1.00 | 0.41 | 0.83 | 0.57 | 0.42 | 0.46 | 0.45 | 0.45 | 0.50 | 0.51 |
| GLW | 0.20 | 0.29 | 0.30 | 0.25 | 0.18 | 0.20 | 0.37 | 0.34 | 0.26 | 0.31 | 0.28 | 0.32 | 0.39 | 0.40 | 0.35 | 0.50 | 0.50 | 0.38 | 0.42 | 0.49 | 0.41 | 1.00 | 0.42 | 0.53 | 0.51 | 0.52 | 0.50 | 0.52 | 0.55 | 0.57 |
| CVX | 0.18 | 0.22 | 0.22 | 0.16 | 0.18 | 0.18 | 0.26 | 0.27 | 0.24 | 0.33 | 0.30 | 0.31 | 0.59 | 0.35 | 0.36 | 0.40 | 0.43 | 0.54 | 0.68 | 0.38 | 0.83 | 0.42 | 1.00 | 0.56 | 0.43 | 0.47 | 0.48 | 0.45 | 0.51 | 0.53 |
| LYB | 0.16 | 0.22 | 0.24 | 0.15 | 0.14 | 0.14 | 0.29 | 0.26 | 0.23 | 0.30 | 0.27 | 0.30 | 0.48 | 0.37 | 0.36 | 0.48 | 0.49 | 0.47 | 0.55 | 0.46 | 0.57 | 0.53 | 0.56 | 1.00 | 0.48 | 0.55 | 0.53 | 0.53 | 0.56 | 0.61 |
| IBM | 0.27 | 0.28 | 0.35 | 0.26 | 0.26 | 0.29 | 0.34 | 0.37 | 0.31 | 0.39 | 0.41 | 0.38 | 0.38 | 0.39 | 0.39 | 0.42 | 0.44 | 0.40 | 0.41 | 0.49 | 0.42 | 0.51 | 0.43 | 0.48 | 1.00 | 0.46 | 0.49 | 0.48 | 0.49 | 0.53 |
| KEY | 0.13 | 0.20 | 0.25 | 0.18 | 0.11 | 0.10 | 0.32 | 0.27 | 0.20 | 0.29 | 0.28 | 0.29 | 0.43 | 0.41 | 0.29 | 0.57 | 0.55 | 0.36 | 0.48 | 0.50 | 0.46 | 0.52 | 0.47 | 0.55 | 0.46 | 1.00 | 0.57 | 0.85 | 0.77 | 0.78 |
| SLF | 0.18 | 0.31 | 0.27 | 0.26 | 0.19 | 0.18 | 0.40 | 0.29 | 0.24 | 0.32 | 0.29 | 0.33 | 0.38 | 0.37 | 0.50 | 0.49 | 0.50 | 0.52 | 0.45 | 0.45 | 0.45 | 0.50 | 0.48 | 0.53 | 0.49 | 0.57 | 1.00 | 0.57 | 0.61 | 0.66 |
| TFC | 0.16 | 0.22 | 0.26 | 0.21 | 0.15 | 0.16 | 0.33 | 0.28 | 0.23 | 0.30 | 0.31 | 0.31 | 0.42 | 0.43 | 0.31 | 0.56 | 0.54 | 0.36 | 0.46 | 0.50 | 0.45 | 0.52 | 0.45 | 0.53 | 0.48 | 0.85 | 0.57 | 1.00 | 0.75 | 0.77 |
| C | 0.15 | 0.25 | 0.28 | 0.19 | 0.11 | 0.11 | 0.35 | 0.31 | 0.20 | 0.30 | 0.30 | 0.31 | 0.47 | 0.42 | 0.32 | 0.60 | 0.56 | 0.41 | 0.52 | 0.51 | 0.50 | 0.55 | 0.51 | 0.56 | 0.49 | 0.77 | 0.61 | 0.75 | 1.00 | 0.77 |
| PRU | 0.18 | 0.26 | 0.31 | 0.20 | 0.17 | 0.17 | 0.35 | 0.32 | 0.26 | 0.37 | 0.34 | 0.33 | 0.48 | 0.43 | 0.36 | 0.59 | 0.59 | 0.40 | 0.53 | 0.54 | 0.51 | 0.57 | 0.53 | 0.61 | 0.53 | 0.78 | 0.66 | 0.77 | 0.77 | 1.00 |
The correlation results are calculated based on daily price changes starting from Dec 11, 2014