Student Investment Fund, Union College (Optimized)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification
Student Investment Fund, Union College (Optimized)
Last updated Apr 18, 2025
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Student Investment Fund, Union College (Optimized), 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.
Student Investment Fund, Union College (Optimized)
Benchmark (^GSPC)
Portfolio components
The earliest data available for this chart is Jun 30, 2021, corresponding to the inception date of IAUM
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -5.91% | -9.57% | 5.19% | 12.98% | 9.68% |
| Student Investment Fund, Union College (Optimized) | 0.65% | -1.18% | -2.77% | 17.02% | N/A | N/A |
| Portfolio components: | ||||||
IAUM iShares Gold Trust Micro ETF of Benef Interest | 26.60% | 9.41% | 23.34% | 39.97% | N/A | N/A |
VIG | -5.66% | -4.70% | -7.72% | 8.04% | N/A | N/A |
XLV | -1.13% | -7.37% | -10.34% | -0.55% | N/A | N/A |
WMT | 3.46% | 9.21% | 15.82% | 58.05% | N/A | N/A |
LMT Lockheed Martin Corporation | -3.79% | -1.11% | -22.83% | 4.43% | 5.77% | 11.94% |
ITA iShares U.S. Aerospace & Defense ETF | 3.06% | -2.08% | -3.01% | 18.26% | 14.76% | 10.39% |
SMMNY Siemens Healthineers AG ADR | -2.65% | -12.41% | -8.01% | -5.03% | 6.50% | N/A |
VB | -13.49% | -7.52% | -13.82% | -0.54% | N/A | N/A |
LLY Eli Lilly and Company | 8.99% | 2.12% | -8.10% | 12.61% | 41.64% | 30.23% |
VTI | -10.40% | -6.01% | -9.47% | 5.87% | N/A | N/A |
JPM JPMorgan Chase & Co. | -2.13% | -0.67% | 4.53% | 31.80% | 22.93% | 17.08% |
NEE NextEra Energy, Inc. | -6.74% | -6.21% | -19.67% | 6.88% | 3.98% | 12.64% |
XLK | -16.91% | -8.93% | -15.90% | -2.34% | N/A | N/A |
BIPC Brookfield Infrastructure Corporation | -10.99% | -0.82% | -17.83% | 23.84% | 9.78% | N/A |
PAVE Global X US Infrastructure Development ETF | -10.39% | -5.83% | -14.27% | -2.75% | 23.37% | N/A |
TXN | -20.25% | -17.28% | -24.09% | -7.91% | N/A | N/A |
CAT Caterpillar Inc. | -18.59% | -12.61% | -24.87% | -16.64% | 22.83% | 16.22% |
PLD Prologis, Inc. | -2.55% | -9.15% | -15.32% | -0.85% | 5.25% | 12.25% |
BAC Bank of America Corporation | -14.34% | -10.18% | -11.14% | 8.81% | 12.75% | 11.52% |
AAPL Apple Inc | -21.25% | -7.39% | -14.96% | 17.80% | 23.54% | 21.38% |
FDX FedEx Corporation | -25.82% | -15.56% | -23.53% | -19.45% | 12.70% | 3.54% |
BYDDY BYD Company Limited ADR | 35.16% | -12.84% | 33.57% | 80.90% | 52.92% | 23.97% |
GOOG Alphabet Inc. | -19.38% | -5.72% | -6.57% | -1.78% | 19.20% | 19.20% |
XSD | -30.38% | -21.24% | -28.81% | -19.21% | N/A | N/A |
MC Moelis & Company | -29.51% | -13.10% | -26.92% | 4.72% | 19.21% | 14.01% |
AMZN Amazon.com, Inc. | -21.32% | -10.48% | -7.96% | -4.78% | 7.79% | 24.44% |
NFLX Netflix, Inc. | 9.17% | 4.63% | 41.50% | 58.55% | 18.18% | 28.28% |
SPOT | 28.36% | 0.84% | 56.58% | 95.60% | N/A | N/A |
*Annualized
Monthly Returns
The table below presents the monthly returns of Student Investment Fund, Union College (Optimized), 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 | 4.84% | 0.96% | -3.54% | -1.42% | 0.65% | ||||||||
| 2024 | 0.37% | 4.73% | 4.85% | -2.27% | 5.11% | 1.96% | 3.02% | 5.27% | 1.48% | -1.56% | 3.67% | -3.89% | 24.61% |
| 2023 | 3.96% | -2.79% | 3.74% | 1.28% | -0.60% | 4.84% | 2.08% | -0.78% | -4.91% | -0.10% | 6.07% | 4.25% | 17.71% |
| 2022 | -5.29% | 0.71% | 3.66% | -5.94% | -0.29% | -5.42% | 4.87% | -3.24% | -7.12% | 9.18% | 6.28% | -3.18% | -7.14% |
| 2021 | 1.36% | 2.46% | -4.63% | 5.42% | -1.20% | 4.73% | 8.02% |
Expense Ratio
Student Investment Fund, Union College (Optimized) has an expense ratio of 0.08%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
IAUM: 0.15%
ITA: 0.42%
PAVE: 0.47%
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 86, Student Investment Fund, Union College (Optimized) is among the top 14% of portfolios on our website when it comes to balancing risk and reward. Below is 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: 1.13
^GSPC: 0.24
Portfolio: 1.66
^GSPC: 0.47
Portfolio: 1.24
^GSPC: 1.07
Portfolio: 1.17
^GSPC: 0.24
Portfolio: 5.44
^GSPC: 1.08
Portfolio components
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
IAUM iShares Gold Trust Micro ETF of Benef Interest | 2.39 | 3.16 | 1.41 | 4.80 | 12.92 |
VIG | 0.50 | 0.80 | 1.11 | 0.51 | 2.44 |
XLV | -0.05 | 0.02 | 1.00 | -0.05 | -0.13 |
WMT | 2.32 | 3.15 | 1.44 | 2.62 | 9.19 |
LMT Lockheed Martin Corporation | 0.21 | 0.42 | 1.07 | 0.16 | 0.33 |
ITA iShares U.S. Aerospace & Defense ETF | 0.83 | 1.24 | 1.18 | 1.20 | 4.79 |
SMMNY Siemens Healthineers AG ADR | -0.24 | -0.17 | 0.98 | -0.18 | -0.77 |
VB | -0.06 | 0.08 | 1.01 | -0.05 | -0.18 |
LLY Eli Lilly and Company | 0.37 | 0.79 | 1.10 | 0.54 | 1.11 |
VTI | 0.27 | 0.52 | 1.08 | 0.27 | 1.20 |
JPM JPMorgan Chase & Co. | 1.10 | 1.62 | 1.24 | 1.28 | 4.69 |
NEE NextEra Energy, Inc. | 0.37 | 0.67 | 1.09 | 0.38 | 0.94 |
XLK | -0.13 | 0.03 | 1.00 | -0.15 | -0.51 |
BIPC Brookfield Infrastructure Corporation | 0.90 | 1.38 | 1.17 | 0.69 | 3.05 |
PAVE Global X US Infrastructure Development ETF | -0.16 | -0.06 | 0.99 | -0.14 | -0.44 |
TXN | -0.24 | -0.09 | 0.99 | -0.27 | -0.80 |
CAT Caterpillar Inc. | -0.55 | -0.63 | 0.92 | -0.50 | -1.51 |
PLD Prologis, Inc. | -0.27 | -0.17 | 0.98 | -0.18 | -0.77 |
BAC Bank of America Corporation | 0.37 | 0.69 | 1.10 | 0.38 | 1.27 |
AAPL Apple Inc | 0.52 | 0.95 | 1.14 | 0.50 | 2.03 |
FDX FedEx Corporation | -0.56 | -0.58 | 0.91 | -0.56 | -1.53 |
BYDDY BYD Company Limited ADR | 1.76 | 2.33 | 1.29 | 1.96 | 7.08 |
GOOG Alphabet Inc. | -0.04 | 0.17 | 1.02 | -0.04 | -0.10 |
XSD | -0.46 | -0.41 | 0.95 | -0.51 | -1.47 |
MC Moelis & Company | 0.12 | 0.49 | 1.06 | 0.13 | 0.42 |
AMZN Amazon.com, Inc. | -0.18 | -0.02 | 1.00 | -0.20 | -0.58 |
NFLX Netflix, Inc. | 1.71 | 2.34 | 1.32 | 2.82 | 9.42 |
SPOT | 2.10 | 2.87 | 1.38 | 3.78 | 14.05 |
Student Investment Fund, Union College (Optimized)
Benchmark (^GSPC)
Portfolio components
Dividends
Dividend yield
Student Investment Fund, Union College (Optimized) provided a 1.59% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.59% | 1.35% | 1.45% | 1.48% | 1.29% | 1.37% | 1.48% | 1.62% | 1.29% | 1.57% | 1.55% | 1.39% |
| Portfolio components: | ||||||||||||
IAUM iShares Gold Trust Micro ETF of Benef Interest | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VIG | 1.93% | 1.73% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% |
XLV | 1.72% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% |
WMT | 0.92% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% | 2.24% |
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% |
ITA iShares U.S. Aerospace & Defense ETF | 0.81% | 0.85% | 0.93% | 0.95% | 0.82% | 1.07% | 1.54% | 1.13% | 0.91% | 1.07% | 1.04% | 1.21% |
SMMNY Siemens Healthineers AG ADR | 3.99% | 1.95% | 1.73% | 1.93% | 1.31% | 1.68% | 1.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VB | 1.63% | 1.30% | 1.55% | 1.59% | 1.24% | 1.14% | 1.39% | 1.67% | 1.35% | 1.50% | 1.48% | 1.43% |
LLY Eli Lilly and Company | 0.64% | 0.67% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.95% | 2.46% | 2.77% | 2.37% | 2.84% |
VTI | 1.45% | 1.27% | 1.44% | 1.67% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% |
JPM JPMorgan Chase & Co. | 2.18% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% | 2.49% |
NEE NextEra Energy, Inc. | 3.18% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
XLK | 0.81% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% |
BIPC Brookfield Infrastructure Corporation | 4.67% | 4.05% | 4.34% | 3.70% | 4.11% | 2.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PAVE Global X US Infrastructure Development ETF | 0.60% | 0.54% | 0.68% | 0.84% | 0.48% | 0.44% | 0.67% | 0.78% | 0.30% | 0.00% | 0.00% | 0.00% |
TXN | 3.58% | 2.81% | 2.94% | 2.84% | 2.23% | 2.27% | 2.50% | 2.78% | 2.03% | 2.25% | 2.55% | 2.32% |
CAT Caterpillar Inc. | 1.88% | 1.49% | 1.69% | 1.93% | 2.07% | 2.26% | 2.56% | 2.58% | 1.97% | 3.32% | 4.33% | 2.84% |
PLD Prologis, Inc. | 3.81% | 3.63% | 2.61% | 2.80% | 1.50% | 2.33% | 2.38% | 3.27% | 2.73% | 3.18% | 3.54% | 3.07% |
BAC Bank of America Corporation | 2.73% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% |
AAPL Apple Inc | 0.51% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% |
FDX FedEx Corporation | 2.66% | 1.92% | 1.95% | 2.42% | 1.12% | 1.00% | 1.72% | 1.52% | 0.76% | 0.78% | 0.64% | 0.43% |
BYDDY BYD Company Limited ADR | 0.93% | 1.26% | 0.60% | 0.07% | 0.07% | 0.03% | 0.60% | 0.36% | 0.30% | 1.06% | 0.00% | 0.20% |
GOOG Alphabet Inc. | 0.52% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XSD | 0.35% | 0.20% | 0.31% | 0.44% | 0.10% | 0.26% | 0.51% | 1.16% | 0.59% | 0.64% | 0.58% | 0.46% |
MC Moelis & Company | 4.75% | 3.25% | 4.28% | 6.25% | 6.00% | 7.79% | 10.18% | 14.19% | 5.11% | 9.71% | 3.43% | 4.01% |
AMZN Amazon.com, 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% |
NFLX Netflix, 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% |
SPOT | 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.
Student Investment Fund, Union College (Optimized)
Benchmark (^GSPC)
Portfolio components
Worst Drawdowns
The table below displays the maximum drawdowns of the Student Investment Fund, Union College (Optimized). 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 Student Investment Fund, Union College (Optimized) was 17.38%, occurring on Sep 30, 2022. Recovery took 170 trading sessions.
The current Student Investment Fund, Union College (Optimized) drawdown is 7.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.38% | Jan 5, 2022 | 186 | Sep 30, 2022 | 170 | Jun 6, 2023 | 356 |
| -14.2% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
| -7.28% | Aug 1, 2023 | 45 | Oct 3, 2023 | 42 | Dec 1, 2023 | 87 |
| -5.88% | Jul 17, 2024 | 16 | Aug 7, 2024 | 6 | Aug 15, 2024 | 22 |
| -5.36% | Sep 3, 2021 | 21 | Oct 4, 2021 | 14 | Oct 22, 2021 | 35 |
Volatility
Volatility Chart
The current Student Investment Fund, Union College (Optimized) volatility is 10.41%, 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.
Student Investment Fund, Union College (Optimized)
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.
| IAUM | LMT | SMMNY | LLY | BYDDY | WMT | NEE | SPOT | NFLX | BIPC | FDX | PLD | BAC | CAT | GOOG | JPM | AMZN | AAPL | MC | XLV | TXN | ITA | XSD | XLK | PAVE | VB | VIG | VTI | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IAUM | 1.00 | 0.10 | 0.16 | 0.02 | 0.13 | 0.07 | 0.17 | 0.12 | 0.12 | 0.21 | 0.02 | 0.10 | 0.05 | 0.14 | 0.12 | 0.05 | 0.10 | 0.04 | 0.09 | 0.10 | 0.09 | 0.12 | 0.13 | 0.10 | 0.15 | 0.15 | 0.12 | 0.13 |
| LMT | 0.10 | 1.00 | 0.00 | 0.13 | 0.00 | 0.21 | 0.30 | 0.00 | -0.02 | 0.20 | 0.13 | 0.21 | 0.19 | 0.25 | 0.04 | 0.24 | 0.00 | 0.12 | 0.10 | 0.30 | 0.12 | 0.54 | 0.03 | 0.07 | 0.27 | 0.21 | 0.32 | 0.19 |
| SMMNY | 0.16 | 0.00 | 1.00 | 0.12 | 0.16 | 0.15 | 0.19 | 0.18 | 0.16 | 0.23 | 0.20 | 0.24 | 0.19 | 0.21 | 0.20 | 0.17 | 0.19 | 0.21 | 0.23 | 0.29 | 0.21 | 0.17 | 0.25 | 0.26 | 0.27 | 0.27 | 0.29 | 0.30 |
| LLY | 0.02 | 0.13 | 0.12 | 1.00 | 0.08 | 0.28 | 0.23 | 0.19 | 0.21 | 0.14 | 0.14 | 0.28 | 0.10 | 0.16 | 0.22 | 0.17 | 0.25 | 0.26 | 0.12 | 0.57 | 0.19 | 0.23 | 0.18 | 0.31 | 0.24 | 0.22 | 0.37 | 0.34 |
| BYDDY | 0.13 | 0.00 | 0.16 | 0.08 | 1.00 | 0.09 | 0.10 | 0.25 | 0.25 | 0.19 | 0.21 | 0.18 | 0.20 | 0.23 | 0.27 | 0.19 | 0.27 | 0.27 | 0.20 | 0.16 | 0.25 | 0.21 | 0.32 | 0.31 | 0.28 | 0.33 | 0.26 | 0.33 |
| WMT | 0.07 | 0.21 | 0.15 | 0.28 | 0.09 | 1.00 | 0.27 | 0.19 | 0.23 | 0.20 | 0.26 | 0.34 | 0.24 | 0.21 | 0.25 | 0.27 | 0.28 | 0.28 | 0.23 | 0.42 | 0.20 | 0.31 | 0.19 | 0.28 | 0.31 | 0.31 | 0.47 | 0.38 |
| NEE | 0.17 | 0.30 | 0.19 | 0.23 | 0.10 | 0.27 | 1.00 | 0.15 | 0.15 | 0.34 | 0.24 | 0.47 | 0.24 | 0.23 | 0.22 | 0.22 | 0.21 | 0.29 | 0.25 | 0.44 | 0.26 | 0.33 | 0.20 | 0.25 | 0.36 | 0.37 | 0.47 | 0.38 |
| SPOT | 0.12 | 0.00 | 0.18 | 0.19 | 0.25 | 0.19 | 0.15 | 1.00 | 0.59 | 0.22 | 0.30 | 0.22 | 0.27 | 0.23 | 0.50 | 0.30 | 0.55 | 0.42 | 0.35 | 0.29 | 0.35 | 0.36 | 0.50 | 0.55 | 0.39 | 0.50 | 0.41 | 0.56 |
| NFLX | 0.12 | -0.02 | 0.16 | 0.21 | 0.25 | 0.23 | 0.15 | 0.59 | 1.00 | 0.21 | 0.29 | 0.24 | 0.27 | 0.25 | 0.49 | 0.29 | 0.56 | 0.48 | 0.36 | 0.32 | 0.40 | 0.33 | 0.50 | 0.60 | 0.40 | 0.48 | 0.46 | 0.58 |
| BIPC | 0.21 | 0.20 | 0.23 | 0.14 | 0.19 | 0.20 | 0.34 | 0.22 | 0.21 | 1.00 | 0.33 | 0.41 | 0.40 | 0.40 | 0.32 | 0.38 | 0.27 | 0.33 | 0.43 | 0.41 | 0.38 | 0.42 | 0.41 | 0.38 | 0.49 | 0.52 | 0.51 | 0.50 |
| FDX | 0.02 | 0.13 | 0.20 | 0.14 | 0.21 | 0.26 | 0.24 | 0.30 | 0.29 | 0.33 | 1.00 | 0.40 | 0.47 | 0.47 | 0.38 | 0.46 | 0.37 | 0.39 | 0.46 | 0.39 | 0.44 | 0.42 | 0.45 | 0.45 | 0.58 | 0.60 | 0.59 | 0.57 |
| PLD | 0.10 | 0.21 | 0.24 | 0.28 | 0.18 | 0.34 | 0.47 | 0.22 | 0.24 | 0.41 | 0.40 | 1.00 | 0.38 | 0.36 | 0.31 | 0.37 | 0.32 | 0.38 | 0.41 | 0.57 | 0.43 | 0.40 | 0.40 | 0.42 | 0.56 | 0.57 | 0.63 | 0.55 |
| BAC | 0.05 | 0.19 | 0.19 | 0.10 | 0.20 | 0.24 | 0.24 | 0.27 | 0.27 | 0.40 | 0.47 | 0.38 | 1.00 | 0.55 | 0.33 | 0.81 | 0.32 | 0.32 | 0.60 | 0.40 | 0.42 | 0.53 | 0.44 | 0.40 | 0.63 | 0.66 | 0.61 | 0.60 |
| CAT | 0.14 | 0.25 | 0.21 | 0.16 | 0.23 | 0.21 | 0.23 | 0.23 | 0.25 | 0.40 | 0.47 | 0.36 | 0.55 | 1.00 | 0.30 | 0.57 | 0.31 | 0.32 | 0.54 | 0.37 | 0.47 | 0.57 | 0.49 | 0.45 | 0.76 | 0.67 | 0.62 | 0.61 |
| GOOG | 0.12 | 0.04 | 0.20 | 0.22 | 0.27 | 0.25 | 0.22 | 0.50 | 0.49 | 0.32 | 0.38 | 0.31 | 0.33 | 0.30 | 1.00 | 0.32 | 0.69 | 0.62 | 0.39 | 0.38 | 0.50 | 0.36 | 0.58 | 0.72 | 0.46 | 0.53 | 0.56 | 0.70 |
| JPM | 0.05 | 0.24 | 0.17 | 0.17 | 0.19 | 0.27 | 0.22 | 0.30 | 0.29 | 0.38 | 0.46 | 0.37 | 0.81 | 0.57 | 0.32 | 1.00 | 0.34 | 0.35 | 0.58 | 0.43 | 0.42 | 0.56 | 0.43 | 0.42 | 0.63 | 0.63 | 0.64 | 0.60 |
| AMZN | 0.10 | 0.00 | 0.19 | 0.25 | 0.27 | 0.28 | 0.21 | 0.55 | 0.56 | 0.27 | 0.37 | 0.32 | 0.32 | 0.31 | 0.69 | 0.34 | 1.00 | 0.58 | 0.41 | 0.35 | 0.47 | 0.40 | 0.59 | 0.72 | 0.50 | 0.57 | 0.55 | 0.71 |
| AAPL | 0.04 | 0.12 | 0.21 | 0.26 | 0.27 | 0.28 | 0.29 | 0.42 | 0.48 | 0.33 | 0.39 | 0.38 | 0.32 | 0.32 | 0.62 | 0.35 | 0.58 | 1.00 | 0.39 | 0.43 | 0.53 | 0.40 | 0.58 | 0.76 | 0.49 | 0.54 | 0.63 | 0.71 |
| MC | 0.09 | 0.10 | 0.23 | 0.12 | 0.20 | 0.23 | 0.25 | 0.35 | 0.36 | 0.43 | 0.46 | 0.41 | 0.60 | 0.54 | 0.39 | 0.58 | 0.41 | 0.39 | 1.00 | 0.38 | 0.47 | 0.50 | 0.54 | 0.50 | 0.66 | 0.72 | 0.62 | 0.65 |
| XLV | 0.10 | 0.30 | 0.29 | 0.57 | 0.16 | 0.42 | 0.44 | 0.29 | 0.32 | 0.41 | 0.39 | 0.57 | 0.40 | 0.37 | 0.38 | 0.43 | 0.35 | 0.43 | 0.38 | 1.00 | 0.44 | 0.46 | 0.40 | 0.49 | 0.55 | 0.57 | 0.76 | 0.64 |
| TXN | 0.09 | 0.12 | 0.21 | 0.19 | 0.25 | 0.20 | 0.26 | 0.35 | 0.40 | 0.38 | 0.44 | 0.43 | 0.42 | 0.47 | 0.50 | 0.42 | 0.47 | 0.53 | 0.47 | 0.44 | 1.00 | 0.47 | 0.81 | 0.72 | 0.63 | 0.66 | 0.68 | 0.71 |
| ITA | 0.12 | 0.54 | 0.17 | 0.23 | 0.21 | 0.31 | 0.33 | 0.36 | 0.33 | 0.42 | 0.42 | 0.40 | 0.53 | 0.57 | 0.36 | 0.56 | 0.40 | 0.40 | 0.50 | 0.46 | 0.47 | 1.00 | 0.51 | 0.51 | 0.74 | 0.73 | 0.69 | 0.69 |
| XSD | 0.13 | 0.03 | 0.25 | 0.18 | 0.32 | 0.19 | 0.20 | 0.50 | 0.50 | 0.41 | 0.45 | 0.40 | 0.44 | 0.49 | 0.58 | 0.43 | 0.59 | 0.58 | 0.54 | 0.40 | 0.81 | 0.51 | 1.00 | 0.84 | 0.70 | 0.78 | 0.68 | 0.82 |
| XLK | 0.10 | 0.07 | 0.26 | 0.31 | 0.31 | 0.28 | 0.25 | 0.55 | 0.60 | 0.38 | 0.45 | 0.42 | 0.40 | 0.45 | 0.72 | 0.42 | 0.72 | 0.76 | 0.50 | 0.49 | 0.72 | 0.51 | 0.84 | 1.00 | 0.67 | 0.72 | 0.77 | 0.90 |
| PAVE | 0.15 | 0.27 | 0.27 | 0.24 | 0.28 | 0.31 | 0.36 | 0.39 | 0.40 | 0.49 | 0.58 | 0.56 | 0.63 | 0.76 | 0.46 | 0.63 | 0.50 | 0.49 | 0.66 | 0.55 | 0.63 | 0.74 | 0.70 | 0.67 | 1.00 | 0.90 | 0.85 | 0.84 |
| VB | 0.15 | 0.21 | 0.27 | 0.22 | 0.33 | 0.31 | 0.37 | 0.50 | 0.48 | 0.52 | 0.60 | 0.57 | 0.66 | 0.67 | 0.53 | 0.63 | 0.57 | 0.54 | 0.72 | 0.57 | 0.66 | 0.73 | 0.78 | 0.72 | 0.90 | 1.00 | 0.84 | 0.90 |
| VIG | 0.12 | 0.32 | 0.29 | 0.37 | 0.26 | 0.47 | 0.47 | 0.41 | 0.46 | 0.51 | 0.59 | 0.63 | 0.61 | 0.62 | 0.56 | 0.64 | 0.55 | 0.63 | 0.62 | 0.76 | 0.68 | 0.69 | 0.68 | 0.77 | 0.85 | 0.84 | 1.00 | 0.91 |
| VTI | 0.13 | 0.19 | 0.30 | 0.34 | 0.33 | 0.38 | 0.38 | 0.56 | 0.58 | 0.50 | 0.57 | 0.55 | 0.60 | 0.61 | 0.70 | 0.60 | 0.71 | 0.71 | 0.65 | 0.64 | 0.71 | 0.69 | 0.82 | 0.90 | 0.84 | 0.90 | 0.91 | 1.00 |
The correlation results are calculated based on daily price changes starting from Jul 1, 2021