DividendKings

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

DividendKings

Last updated Jul 25, 2024

Asset Allocation

Position	Category/Sector	Weight
ABBV AbbVie Inc.	Healthcare	1.96%
ABM ABM Industries Incorporated	Industrials	1.96%
ABT Abbott Laboratories	Healthcare	1.96%
ADM Archer-Daniels-Midland Company	Consumer Defensive	1.96%
AWR American States Water Company	Utilities	1.96%
BDX Becton, Dickinson and Company	Healthcare	1.96%
BKH Black Hills Corporation	Utilities	1.96%
CBSH Commerce Bancshares, Inc.	Financial Services	1.96%
CDUAF Canadian Utilities Limited	Utilities	1.96%
CINF Cincinnati Financial Corporation	Financial Services	1.96%
CL Colgate-Palmolive Company	Consumer Defensive	1.96%
CWT California Water Service Group	Utilities	1.96%
DOV Dover Corporation	Industrials	1.96%
EMR Emerson Electric Co.	Industrials	1.96%
FMCB Farmers & Merchants Bancorp	Financial Services	1.96%
FRT Federal Realty Investment Trust	Real Estate	1.96%
FUL H.B. Fuller Company	Basic Materials	1.96%
GPC Genuine Parts Company	Consumer Cyclical	1.96%
GRC The Gorman-Rupp Company	Industrials	1.96%
GWW W.W. Grainger, Inc.	Industrials	1.96%
HRL		1.96%
ITW		1.96%
JNJ		1.96%
KMB		1.96%
KO		1.96%
KVUE		1.96%
LANC		1.96%
LEG		1.96%
LOW		1.96%
MMM		1.96%
MO		1.96%
MSA		1.96%
MSEX		1.96%
NDSN		1.96%
NFG		1.96%
NUE		1.96%
NWN		1.96%
PEP		1.96%
PG		1.96%
PH		1.96%
PPG		1.96%
SCL		1.96%
SJW		1.96%
SPGI		1.96%
SWK		1.96%
SYY		1.96%
TGT		1.96%
TNC		1.96%
TR		1.96%
UVV		1.96%
WMT		1.96%

Benchmark

S&P 500

Rebalance portfolio

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in DividendKings, 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

DividendKings

Benchmark (^GSPC)

Portfolio components

The earliest data available for this chart is Dec 10, 2012, corresponding to the inception date of ABBV

Returns By Period

	Year-To-Date	1 month	6 months	1 year	5 years (annualized)	10 years (annualized)
^GSPC S&P 500	13.20%	-1.28%	10.32%	18.23%	12.31%	10.58%
DividendKings	6.03%	6.18%	8.41%	6.97%	N/A	N/A
Portfolio components:
MO	28.96%	7.42%	29.41%	19.40%	N/A	N/A
LEG	-49.48%	19.20%	-45.14%	-53.73%	N/A	N/A
MMM	15.79%	1.91%	31.87%	17.36%	N/A	N/A
CDUAF Canadian Utilities Limited	-1.88%	5.48%	1.45%	-5.98%	2.04%	-0.65%
UVV	-16.85%	13.26%	-5.37%	16.22%	N/A	N/A
NWN	6.29%	14.18%	6.86%	-2.91%	N/A	N/A
BKH Black Hills Corporation	10.65%	8.81%	17.52%	2.15%	-2.54%	3.79%
FRT Federal Realty Investment Trust	6.15%	7.97%	5.59%	11.15%	0.14%	2.06%
ABBV AbbVie Inc.	20.88%	7.42%	12.87%	27.11%	27.45%	17.79%
KMB	18.30%	1.37%	18.63%	12.42%	N/A	N/A
NFG	16.62%	5.49%	22.87%	15.67%	N/A	N/A
KVUE	-13.45%	-1.83%	-10.59%	-21.66%	N/A	N/A
HRL	1.79%	6.33%	4.53%	-18.87%	N/A	N/A
SWK	-7.00%	9.86%	-3.65%	-5.60%	N/A	N/A
TGT	4.19%	-0.60%	4.11%	12.42%	N/A	N/A
KO	13.89%	3.15%	13.05%	9.20%	N/A	N/A
JNJ	3.45%	8.73%	1.66%	-5.21%	N/A	N/A
PEP	2.26%	2.57%	3.47%	-6.52%	N/A	N/A
CINF Cincinnati Financial Corporation	17.91%	4.66%	8.71%	20.58%	4.96%	12.92%
GPC Genuine Parts Company	0.98%	-0.07%	-1.95%	-9.03%	10.16%	7.99%
SYY	0.64%	0.51%	-2.72%	-1.77%	N/A	N/A
PG	16.05%	0.27%	8.23%	12.50%	N/A	N/A
CL Colgate-Palmolive Company	23.11%	-1.27%	17.76%	28.10%	8.09%	6.13%
ADM Archer-Daniels-Midland Company	-10.77%	4.37%	23.81%	-24.02%	12.30%	5.68%
EMR Emerson Electric Co.	18.86%	7.98%	21.70%	27.41%	14.26%	8.56%
SJW	-4.33%	16.34%	4.07%	-9.63%	N/A	N/A
ITW	-5.87%	2.68%	-6.03%	-2.43%	N/A	N/A
LANC	12.47%	-0.57%	4.05%	-2.04%	N/A	N/A
GRC The Gorman-Rupp Company	15.57%	11.50%	21.48%	48.65%	6.49%	5.84%
LOW	7.04%	7.83%	11.82%	2.01%	N/A	N/A
AWR American States Water Company	2.18%	13.19%	9.36%	-4.21%	2.94%	12.25%
CBSH Commerce Bancshares, Inc.	21.48%	18.24%	21.39%	32.13%	7.99%	9.27%
ABM ABM Industries Incorporated	23.61%	8.37%	31.02%	23.75%	7.49%	10.31%
CWT California Water Service Group	3.03%	10.24%	17.77%	6.12%	1.71%	10.92%
ABT Abbott Laboratories	-2.27%	1.57%	-4.43%	-3.98%	5.67%	11.59%
MSEX	0.55%	24.63%	16.64%	-18.51%	N/A	N/A
FMCB Farmers & Merchants Bancorp	-7.53%	-0.22%	-0.40%	0.44%	6.41%	14.41%
PPG	-14.98%	0.55%	-11.11%	-11.35%	N/A	N/A
SCL	-3.40%	10.64%	0.16%	-0.59%	N/A	N/A
BDX Becton, Dickinson and Company	-3.77%	0.50%	-0.85%	-16.64%	0.11%	8.82%
WMT	33.70%	2.53%	28.31%	33.39%	N/A	N/A
DOV Dover Corporation	21.86%	4.25%	25.00%	29.48%	15.44%	11.39%
PH	19.02%	8.46%	16.27%	39.02%	N/A	N/A
TNC	17.36%	10.97%	17.87%	39.16%	N/A	N/A
NUE	-9.21%	1.95%	-9.76%	-5.59%	N/A	N/A
NDSN	-8.48%	4.67%	-4.13%	-2.00%	N/A	N/A
MSA	14.21%	2.16%	16.10%	16.85%	N/A	N/A
TR	-4.83%	-4.77%	-5.26%	-7.01%	N/A	N/A
FUL H.B. Fuller Company	3.53%	9.84%	8.45%	14.90%	12.58%	7.29%
GWW W.W. Grainger, Inc.	15.61%	4.99%	8.47%	32.87%	27.91%	16.87%
SPGI	10.18%	7.80%	8.68%	23.22%	N/A	N/A

Monthly Returns

The table below presents the monthly returns of DividendKings, 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	-2.43%	2.87%	4.37%	-3.54%	-0.19%	-0.62%							6.03%
2023					-3.95%	6.47%	1.99%	-2.96%	-6.05%	-2.45%	6.63%	5.48%	4.34%

Expense Ratio

DividendKings 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 DividendKings is 8, indicating that it is in the bottom 8% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

DividendKings

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.

DividendKings

^GSPC

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
MO	1.15	1.56	1.24	1.53	3.82
LEG	-1.18	-1.70	0.74	-0.80	-1.53
MMM	0.72	1.16	1.16	0.82	1.88
CDUAF Canadian Utilities Limited	-0.31	-0.31	0.96	-0.21	-0.63
UVV	0.63	1.02	1.15	0.59	1.02
NWN	-0.18	-0.08	0.99	-0.19	-0.36
BKH Black Hills Corporation	0.02	0.19	1.02	0.02	0.04
FRT Federal Realty Investment Trust	0.46	0.80	1.09	0.56	1.42
ABBV AbbVie Inc.	1.78	2.37	1.33	2.37	5.96
KMB	0.59	0.90	1.13	0.57	2.05
NFG	0.67	1.15	1.13	0.84	2.06
KVUE	-0.96	-1.32	0.84	-0.73	-1.43
HRL	-0.67	-0.84	0.88	-0.63	-0.99
SWK	-0.12	0.04	1.00	-0.14	-0.27
TGT	0.40	0.95	1.11	0.39	1.20
KO	0.74	1.10	1.14	0.56	1.66
JNJ	-0.28	-0.30	0.96	-0.28	-0.45
PEP	-0.47	-0.55	0.93	-0.43	-0.78
CINF Cincinnati Financial Corporation	1.04	1.57	1.20	1.99	4.24
GPC Genuine Parts Company	-0.41	-0.42	0.94	-0.39	-1.03
SYY	-0.10	-0.01	1.00	-0.10	-0.21
PG	0.82	1.26	1.16	1.26	3.28
CL Colgate-Palmolive Company	1.90	2.66	1.34	1.74	7.27
ADM Archer-Daniels-Midland Company	-0.74	-0.75	0.86	-0.60	-1.02
EMR Emerson Electric Co.	1.18	1.86	1.25	1.72	4.85
SJW	-0.53	-0.66	0.93	-0.39	-0.74
ITW	-0.16	-0.10	0.99	-0.17	-0.32
LANC	-0.13	-0.01	1.00	-0.13	-0.32
GRC The Gorman-Rupp Company	1.51	2.10	1.29	2.33	6.35
LOW	0.11	0.32	1.04	0.11	0.23
AWR American States Water Company	-0.28	-0.27	0.97	-0.22	-0.43
CBSH Commerce Bancshares, Inc.	1.27	1.99	1.24	1.61	4.34
ABM ABM Industries Incorporated	0.74	1.26	1.20	1.04	1.86
CWT California Water Service Group	0.08	0.30	1.03	0.08	0.21
ABT Abbott Laboratories	-0.23	-0.19	0.98	-0.20	-0.40
MSEX	-0.65	-0.83	0.91	-0.46	-0.74
FMCB Farmers & Merchants Bancorp	0.12	0.33	1.05	0.22	0.39
PPG	-0.66	-0.80	0.91	-0.63	-1.38
SCL	-0.16	-0.03	1.00	-0.12	-0.35
BDX Becton, Dickinson and Company	-0.85	-1.03	0.86	-0.80	-1.21
WMT	1.96	2.63	1.41	3.09	9.21
DOV Dover Corporation	1.44	2.26	1.27	1.89	6.12
PH	1.56	2.29	1.30	2.86	7.39
TNC	1.49	2.19	1.28	1.71	3.68
NUE	-0.30	-0.25	0.97	-0.32	-0.72
NDSN	-0.04	0.09	1.01	-0.04	-0.08
MSA	0.71	1.24	1.15	0.78	1.90
TR	-0.28	-0.27	0.97	-0.24	-0.64
FUL H.B. Fuller Company	0.64	1.08	1.13	1.15	2.42
GWW W.W. Grainger, Inc.	1.22	1.76	1.23	1.74	3.90
SPGI	0.72	1.04	1.16	0.71	1.74

Sharpe Ratio

The current DividendKings Sharpe ratio is 0.44. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.24 to 1.94, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of DividendKings with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

DividendKings

Benchmark (^GSPC)

Portfolio components

Dividends

Dividend yield

DividendKings granted a 2.74% dividend yield in the last twelve months.

	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
DividendKings	2.74%	2.69%	2.44%	2.10%	2.38%	2.22%	2.57%	2.13%	2.20%	2.52%	2.18%	2.25%
Portfolio components:
MO	7.87%	9.52%	8.05%	7.43%	8.29%	6.57%	6.07%	3.56%	3.48%	3.73%	4.06%	4.79%
LEG	11.13%	6.95%	5.40%	4.03%	3.61%	3.11%	4.19%	2.98%	2.74%	3.00%	2.86%	3.81%
MMM	4.32%	5.49%	4.97%	3.33%	3.36%	3.26%	2.85%	2.00%	2.49%	2.72%	2.08%	1.81%
CDUAF Canadian Utilities Limited	5.80%	5.52%	5.03%	4.85%	5.31%	4.23%	4.15%	3.95%	3.62%	4.11%	2.74%	4.28%
UVV	6.00%	4.72%	5.95%	5.64%	6.30%	5.29%	4.80%	4.11%	3.33%	3.71%	4.64%	3.66%
NWN	4.83%	4.99%	4.06%	3.94%	4.16%	2.58%	3.13%	3.16%	3.13%	3.68%	3.70%	4.26%
BKH Black Hills Corporation	4.38%	4.63%	3.43%	3.25%	3.53%	2.61%	3.07%	3.01%	2.74%	3.49%	2.94%	2.89%
FRT Federal Realty Investment Trust	4.07%	4.21%	4.26%	3.12%	4.96%	3.22%	3.42%	2.98%	2.70%	2.48%	2.47%	2.98%
ABBV AbbVie Inc.	3.36%	3.82%	3.49%	3.84%	4.41%	4.83%	3.89%	2.65%	3.64%	3.41%	2.54%	3.03%
KMB	3.40%	3.88%	3.42%	3.19%	3.17%	3.00%	3.51%	3.22%	3.22%	2.77%	2.73%	2.97%
NFG	3.48%	3.91%	2.97%	2.83%	4.30%	3.72%	3.30%	3.00%	2.84%	3.67%	2.20%	2.09%
KVUE	4.38%	1.86%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HRL	3.53%	3.43%	2.28%	2.01%	2.00%	1.86%	1.76%	1.87%	2.50%	1.26%	1.54%	1.51%
SWK	3.62%	3.28%	4.23%	1.58%	1.56%	1.63%	2.15%	1.43%	1.97%	2.01%	2.12%	2.45%
TGT	3.01%	3.06%	2.66%	1.37%	1.52%	2.03%	3.81%	3.74%	3.21%	2.97%	2.50%	2.50%
KO	2.86%	3.12%	2.77%	2.84%	2.99%	2.89%	3.29%	3.23%	3.38%	3.07%	2.89%	2.71%
JNJ	3.01%	3.00%	2.52%	2.45%	2.53%	2.57%	2.74%	2.38%	2.73%	2.87%	2.64%	2.83%
PEP	3.01%	2.91%	2.50%	2.45%	2.71%	2.77%	3.25%	2.64%	2.83%	2.76%	2.68%	2.70%
CINF Cincinnati Financial Corporation	2.59%	2.90%	2.70%	2.21%	2.75%	2.13%	2.74%	3.32%	2.52%	3.84%	3.35%	3.12%
GPC Genuine Parts Company	2.83%	2.74%	2.06%	2.33%	3.15%	2.87%	3.00%	2.84%	2.75%	2.86%	2.16%	2.58%
SYY	2.79%	2.71%	2.51%	2.34%	2.42%	1.82%	2.30%	2.17%	2.24%	2.20%	2.95%	3.91%
PG	2.33%	2.55%	2.38%	2.08%	2.24%	2.37%	3.09%	2.98%	3.18%	3.31%	2.78%	2.91%
CL Colgate-Palmolive Company	2.03%	2.40%	2.36%	2.10%	2.05%	2.48%	2.79%	2.11%	2.37%	2.25%	2.05%	2.04%
ADM Archer-Daniels-Midland Company	3.00%	2.49%	1.72%	2.19%	2.86%	3.02%	3.27%	3.19%	2.63%	3.05%	1.85%	1.75%
EMR Emerson Electric Co.	1.83%	2.14%	2.15%	2.18%	2.49%	2.58%	3.26%	2.76%	3.42%	3.94%	2.85%	2.37%
SJW	2.53%	2.33%	1.77%	1.86%	1.85%	1.69%	2.01%	1.63%	1.44%	2.62%	2.33%	2.44%
ITW	2.30%	2.07%	2.30%	1.91%	2.17%	2.30%	2.81%	1.71%	1.96%	2.23%	1.91%	1.90%
LANC	1.91%	2.07%	1.65%	1.84%	1.55%	1.66%	1.39%	1.74%	1.45%	5.96%	1.90%	1.84%
GRC The Gorman-Rupp Company	1.76%	1.98%	2.67%	1.43%	1.82%	1.47%	7.68%	1.42%	1.31%	1.43%	1.09%	0.95%
LOW	1.90%	1.93%	1.86%	1.08%	1.40%	1.72%	1.93%	1.64%	1.77%	1.34%	1.19%	1.37%
AWR American States Water Company	2.12%	2.06%	1.65%	1.35%	1.61%	1.34%	1.58%	1.72%	2.01%	2.08%	2.21%	2.65%
CBSH Commerce Bancshares, Inc.	1.66%	1.95%	1.43%	1.34%	1.37%	1.21%	1.26%	1.20%	1.11%	1.38%	1.29%	1.19%
ABM ABM Industries Incorporated	1.64%	1.96%	1.76%	1.86%	1.47%	2.40%	2.18%	1.80%	1.62%	1.69%	2.18%	2.12%
CWT California Water Service Group	2.01%	2.01%	1.65%	1.28%	1.57%	1.53%	1.57%	1.59%	2.04%	2.88%	2.64%	2.77%
ABT Abbott Laboratories	2.04%	1.85%	1.71%	1.28%	1.32%	1.47%	1.55%	1.86%	2.71%	2.14%	1.95%	1.46%
MSEX	1.97%	1.92%	1.50%	0.92%	1.44%	1.54%	1.71%	2.15%	1.88%	2.92%	3.31%	3.59%
FMCB Farmers & Merchants Bancorp	1.82%	1.62%	1.54%	1.59%	1.94%	1.85%	1.99%	2.00%	2.05%	2.39%	2.74%	3.00%
PPG	2.06%	1.70%	1.92%	1.31%	1.46%	1.48%	1.82%	1.46%	1.65%	1.43%	1.13%	1.28%
SCL	1.65%	1.55%	1.29%	1.01%	0.95%	1.00%	1.25%	1.06%	0.95%	1.47%	1.72%	0.99%
BDX Becton, Dickinson and Company	1.62%	1.51%	1.38%	1.34%	1.28%	1.14%	1.34%	1.37%	1.64%	1.60%	1.60%	1.84%
WMT	1.14%	1.45%	1.58%	1.52%	1.50%	1.78%	2.23%	2.07%	2.89%	3.20%	2.24%	2.39%
DOV Dover Corporation	1.09%	1.32%	1.48%	1.10%	1.56%	1.68%	2.06%	0.14%	0.18%	0.21%	0.17%	0.01%
PH	1.11%	1.25%	1.73%	1.25%	1.29%	1.65%	1.97%	1.32%	1.80%	2.60%	1.61%	1.38%
TNC	1.02%	1.16%	1.65%	1.16%	1.27%	1.13%	1.63%	1.16%	1.14%	1.42%	1.08%	1.06%
NUE	1.36%	1.19%	1.52%	1.50%	3.03%	2.85%	2.97%	2.38%	2.52%	3.70%	3.02%	2.76%
NDSN	1.13%	1.01%	0.98%	0.71%	0.77%	0.90%	1.09%	0.78%	0.91%	1.43%	1.03%	0.89%
MSA	1.00%	1.11%	1.26%	1.16%	1.14%	1.30%	1.58%	1.78%	1.89%	2.92%	2.32%	2.30%
TR	1.16%	1.08%	0.85%	1.27%	1.21%	1.09%	1.10%	0.98%	0.87%	1.04%	1.01%	0.89%
FUL H.B. Fuller Company	0.75%	0.99%	1.03%	0.82%	1.25%	1.23%	1.44%	1.10%	1.14%	1.40%	1.03%	0.74%
GWW W.W. Grainger, Inc.	0.80%	0.88%	1.22%	1.23%	1.45%	1.68%	1.90%	2.14%	2.08%	2.27%	1.64%	1.41%
SPGI	0.75%	0.82%	0.99%	0.65%	0.82%	0.84%	1.18%	0.97%	1.34%	1.34%	1.35%	1.43%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

DividendKings

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the DividendKings. 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 DividendKings was 12.53%, occurring on Oct 27, 2023. Recovery took 33 trading sessions.

The current DividendKings drawdown is 1.95%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-12.53%	Jul 27, 2023	66	Oct 27, 2023	33	Dec 14, 2023	99
-6.21%	Apr 1, 2024	42	May 29, 2024	32	Jul 16, 2024	74
-5.1%	May 8, 2023	17	May 31, 2023	12	Jun 16, 2023	29
-3.52%	Jan 3, 2024	15	Jan 24, 2024	25	Feb 29, 2024	40
-2.26%	Jul 5, 2023	3	Jul 7, 2023	7	Jul 18, 2023	10

Volatility

Volatility Chart

The current DividendKings volatility is 4.05%, 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.

DividendKings

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.

	FMCB	WMT	ABBV	CDUAF	TR	JNJ	CL	ABT	KVUE	NUE	KMB	GWW	PG	BDX	HRL	TGT	LANC	PEP	UVV	MSA	CINF	SPGI	KO	ADM	GRC	ABM	SYY	MO	PH	MSEX	EMR	CBSH	TNC	MMM	NWN	LEG	SCL	SWK	BKH	NFG	LOW	GPC	FRT	PPG	CWT	DOV	FUL	ITW	AWR	SJW	NDSN
FMCB	1.00	0.05	0.08	0.05	0.05	-0.04	0.12	0.03	-0.04	-0.08	0.08	0.03	0.07	0.03	0.05	0.06	0.05	0.08	0.00	-0.06	-0.00	0.07	0.03	0.03	0.03	-0.02	0.08	0.01	-0.01	0.07	-0.07	-0.03	-0.09	0.07	0.06	0.03	0.02	0.03	0.04	0.02	0.01	0.01	0.01	-0.01	0.08	0.06	0.03	0.02	0.04	0.03	0.10
WMT	0.05	1.00	0.22	0.12	0.13	0.19	0.31	0.19	0.20	0.14	0.26	0.20	0.44	0.17	0.24	0.23	0.17	0.43	0.03	0.19	0.16	0.25	0.37	0.17	0.02	0.04	0.26	0.24	0.15	0.11	0.14	0.01	0.11	0.12	0.19	0.12	0.07	0.05	0.15	0.12	0.21	0.23	0.16	0.15	0.16	0.18	0.07	0.16	0.15	0.15	0.14
ABBV	0.08	0.22	1.00	0.16	0.12	0.38	0.30	0.32	0.17	0.06	0.35	0.18	0.35	0.28	0.22	0.22	0.16	0.33	0.16	0.07	0.33	0.16	0.34	0.16	0.08	0.12	0.23	0.29	0.14	0.15	0.15	0.12	0.09	0.17	0.24	0.23	0.11	0.09	0.22	0.19	0.24	0.24	0.23	0.12	0.21	0.16	0.06	0.20	0.25	0.31	0.14
CDUAF	0.05	0.12	0.16	1.00	0.17	0.17	0.18	0.23	0.11	0.07	0.27	0.07	0.19	0.22	0.25	0.17	0.20	0.26	0.21	0.06	0.15	0.25	0.28	0.20	0.12	0.24	0.23	0.32	0.10	0.32	0.17	0.24	0.16	0.24	0.33	0.17	0.21	0.21	0.35	0.33	0.24	0.20	0.25	0.17	0.34	0.22	0.26	0.13	0.31	0.32	0.21
TR	0.05	0.13	0.12	0.17	1.00	0.20	0.24	0.17	0.16	0.09	0.26	0.15	0.26	0.16	0.32	0.10	0.31	0.32	0.28	0.19	0.20	0.25	0.33	0.21	0.17	0.21	0.23	0.23	0.08	0.30	0.10	0.12	0.19	0.19	0.26	0.19	0.21	0.15	0.31	0.24	0.10	0.22	0.22	0.23	0.38	0.13	0.25	0.19	0.35	0.38	0.16
JNJ	-0.04	0.19	0.38	0.17	0.20	1.00	0.33	0.44	0.30	0.07	0.36	0.06	0.35	0.40	0.33	0.22	0.18	0.41	0.24	0.13	0.26	0.24	0.41	0.29	-0.00	0.14	0.26	0.39	0.03	0.27	0.11	0.15	0.08	0.27	0.33	0.22	0.14	0.13	0.32	0.20	0.21	0.30	0.19	0.19	0.29	0.13	0.13	0.20	0.31	0.34	0.14
CL	0.12	0.31	0.30	0.18	0.24	0.33	1.00	0.39	0.36	0.02	0.56	0.17	0.69	0.38	0.43	0.22	0.32	0.59	0.13	0.21	0.14	0.24	0.56	0.22	0.03	0.14	0.41	0.30	0.06	0.20	0.15	0.03	0.14	0.24	0.22	0.15	0.17	0.09	0.25	0.22	0.18	0.28	0.20	0.17	0.25	0.13	0.16	0.16	0.25	0.23	0.17
ABT	0.03	0.19	0.32	0.23	0.17	0.44	0.39	1.00	0.24	0.07	0.40	0.14	0.38	0.49	0.20	0.17	0.22	0.38	0.20	0.21	0.18	0.30	0.42	0.16	0.12	0.16	0.30	0.23	0.13	0.25	0.19	0.13	0.14	0.27	0.30	0.24	0.20	0.24	0.27	0.21	0.27	0.32	0.27	0.27	0.25	0.28	0.18	0.27	0.28	0.25	0.27
KVUE	-0.04	0.20	0.17	0.11	0.16	0.30	0.36	0.24	1.00	0.16	0.35	0.17	0.40	0.25	0.31	0.25	0.28	0.37	0.30	0.23	0.18	0.19	0.40	0.30	0.12	0.16	0.33	0.36	0.14	0.29	0.19	0.16	0.21	0.27	0.27	0.27	0.28	0.22	0.27	0.30	0.26	0.29	0.18	0.34	0.30	0.20	0.25	0.28	0.29	0.32	0.23
NUE	-0.08	0.14	0.06	0.07	0.09	0.07	0.02	0.07	0.16	1.00	0.02	0.34	0.09	0.23	0.09	0.28	0.17	0.10	0.20	0.32	0.26	0.31	0.08	0.31	0.40	0.28	0.26	0.20	0.51	0.14	0.43	0.40	0.43	0.30	0.23	0.34	0.36	0.38	0.23	0.29	0.41	0.36	0.31	0.50	0.24	0.43	0.46	0.47	0.21	0.20	0.51
KMB	0.08	0.26	0.35	0.27	0.26	0.36	0.56	0.40	0.35	0.02	1.00	0.19	0.65	0.37	0.43	0.20	0.23	0.55	0.21	0.13	0.15	0.20	0.51	0.25	0.08	0.14	0.31	0.33	0.04	0.28	0.13	0.10	0.12	0.18	0.30	0.28	0.16	0.15	0.34	0.27	0.22	0.27	0.27	0.29	0.30	0.20	0.14	0.19	0.34	0.32	0.20
GWW	0.03	0.20	0.18	0.07	0.15	0.06	0.17	0.14	0.17	0.34	0.19	1.00	0.16	0.12	0.09	0.21	0.30	0.16	0.15	0.42	0.31	0.35	0.12	0.22	0.42	0.33	0.24	0.23	0.63	0.15	0.53	0.29	0.49	0.21	0.17	0.22	0.30	0.40	0.13	0.27	0.46	0.50	0.26	0.38	0.20	0.50	0.44	0.54	0.20	0.16	0.56
PG	0.07	0.44	0.35	0.19	0.26	0.35	0.69	0.38	0.40	0.09	0.65	0.16	1.00	0.40	0.43	0.20	0.28	0.64	0.16	0.20	0.17	0.23	0.63	0.26	0.05	0.15	0.38	0.36	0.06	0.25	0.16	0.08	0.14	0.26	0.27	0.19	0.16	0.11	0.31	0.31	0.21	0.30	0.26	0.24	0.32	0.15	0.15	0.23	0.34	0.32	0.18
BDX	0.03	0.17	0.28	0.22	0.16	0.40	0.38	0.49	0.25	0.23	0.37	0.12	0.40	1.00	0.27	0.18	0.24	0.39	0.18	0.24	0.18	0.26	0.37	0.23	0.22	0.23	0.33	0.27	0.18	0.29	0.23	0.16	0.27	0.26	0.26	0.31	0.24	0.26	0.41	0.34	0.24	0.33	0.32	0.33	0.33	0.26	0.27	0.28	0.37	0.32	0.30
HRL	0.05	0.24	0.22	0.25	0.32	0.33	0.43	0.20	0.31	0.09	0.43	0.09	0.43	0.27	1.00	0.31	0.36	0.52	0.28	0.19	0.25	0.19	0.50	0.33	0.11	0.27	0.41	0.33	0.05	0.31	0.16	0.26	0.19	0.34	0.39	0.31	0.26	0.19	0.42	0.38	0.22	0.31	0.31	0.25	0.35	0.21	0.26	0.25	0.36	0.37	0.20
TGT	0.06	0.23	0.22	0.17	0.10	0.22	0.22	0.17	0.25	0.28	0.20	0.21	0.20	0.18	0.31	1.00	0.27	0.20	0.35	0.24	0.29	0.20	0.26	0.37	0.21	0.30	0.36	0.32	0.29	0.18	0.33	0.34	0.29	0.42	0.33	0.46	0.35	0.36	0.38	0.40	0.38	0.35	0.34	0.33	0.23	0.37	0.34	0.35	0.27	0.30	0.33
LANC	0.05	0.17	0.16	0.20	0.31	0.18	0.32	0.22	0.28	0.17	0.23	0.30	0.28	0.24	0.36	0.27	1.00	0.28	0.28	0.31	0.28	0.26	0.34	0.24	0.27	0.41	0.33	0.24	0.20	0.35	0.27	0.26	0.32	0.24	0.40	0.26	0.31	0.27	0.39	0.36	0.30	0.32	0.27	0.25	0.40	0.25	0.35	0.29	0.38	0.41	0.33
PEP	0.08	0.43	0.33	0.26	0.32	0.41	0.59	0.38	0.37	0.10	0.55	0.16	0.64	0.39	0.52	0.20	0.28	1.00	0.26	0.16	0.24	0.32	0.71	0.34	0.03	0.20	0.42	0.36	0.02	0.30	0.15	0.10	0.13	0.23	0.34	0.23	0.13	0.14	0.38	0.29	0.21	0.34	0.29	0.26	0.36	0.14	0.12	0.23	0.38	0.39	0.21
UVV	0.00	0.03	0.16	0.21	0.28	0.24	0.13	0.20	0.30	0.20	0.21	0.15	0.16	0.18	0.28	0.35	0.28	0.26	1.00	0.18	0.27	0.23	0.29	0.38	0.32	0.37	0.36	0.39	0.23	0.33	0.27	0.36	0.32	0.43	0.34	0.36	0.44	0.33	0.37	0.34	0.37	0.25	0.36	0.37	0.36	0.32	0.34	0.38	0.41	0.45	0.35
MSA	-0.06	0.19	0.07	0.06	0.19	0.13	0.21	0.21	0.23	0.32	0.13	0.42	0.20	0.24	0.19	0.24	0.31	0.16	0.18	1.00	0.30	0.39	0.16	0.23	0.46	0.31	0.22	0.20	0.50	0.29	0.46	0.33	0.45	0.26	0.24	0.27	0.40	0.42	0.25	0.30	0.41	0.35	0.33	0.45	0.29	0.47	0.46	0.44	0.34	0.33	0.52
CINF	-0.00	0.16	0.33	0.15	0.20	0.26	0.14	0.18	0.18	0.26	0.15	0.31	0.17	0.18	0.25	0.29	0.28	0.24	0.27	0.30	1.00	0.22	0.20	0.39	0.29	0.32	0.34	0.37	0.37	0.26	0.36	0.44	0.37	0.39	0.33	0.36	0.31	0.36	0.38	0.36	0.30	0.41	0.42	0.32	0.29	0.41	0.34	0.40	0.34	0.37	0.36
SPGI	0.07	0.25	0.16	0.25	0.25	0.24	0.24	0.30	0.19	0.31	0.20	0.35	0.23	0.26	0.19	0.20	0.26	0.32	0.23	0.39	0.22	1.00	0.26	0.24	0.35	0.26	0.24	0.20	0.43	0.32	0.40	0.30	0.36	0.32	0.23	0.26	0.31	0.37	0.24	0.22	0.42	0.42	0.37	0.44	0.34	0.41	0.43	0.39	0.31	0.35	0.46
KO	0.03	0.37	0.34	0.28	0.33	0.41	0.56	0.42	0.40	0.08	0.51	0.12	0.63	0.37	0.50	0.26	0.34	0.71	0.29	0.16	0.20	0.26	1.00	0.30	0.02	0.16	0.41	0.44	0.09	0.28	0.18	0.17	0.14	0.32	0.35	0.25	0.23	0.17	0.40	0.29	0.22	0.30	0.30	0.30	0.35	0.19	0.17	0.24	0.38	0.39	0.22
ADM	0.03	0.17	0.16	0.20	0.21	0.29	0.22	0.16	0.30	0.31	0.25	0.22	0.26	0.23	0.33	0.37	0.24	0.34	0.38	0.23	0.39	0.24	0.30	1.00	0.23	0.29	0.38	0.42	0.29	0.29	0.31	0.34	0.30	0.38	0.30	0.38	0.34	0.27	0.38	0.44	0.34	0.33	0.33	0.38	0.29	0.38	0.34	0.40	0.30	0.33	0.34
GRC	0.03	0.02	0.08	0.12	0.17	-0.00	0.03	0.12	0.12	0.40	0.08	0.42	0.05	0.22	0.11	0.21	0.27	0.03	0.32	0.46	0.29	0.35	0.02	0.23	1.00	0.39	0.22	0.18	0.56	0.30	0.49	0.43	0.59	0.34	0.29	0.39	0.53	0.58	0.26	0.33	0.45	0.37	0.45	0.51	0.39	0.56	0.57	0.52	0.37	0.30	0.54
ABM	-0.02	0.04	0.12	0.24	0.21	0.14	0.14	0.16	0.16	0.28	0.14	0.33	0.15	0.23	0.27	0.30	0.41	0.20	0.37	0.31	0.32	0.26	0.16	0.29	0.39	1.00	0.26	0.31	0.33	0.35	0.29	0.43	0.39	0.33	0.40	0.46	0.40	0.39	0.39	0.46	0.33	0.42	0.40	0.36	0.43	0.39	0.47	0.39	0.42	0.41	0.41
SYY	0.08	0.26	0.23	0.23	0.23	0.26	0.41	0.30	0.33	0.26	0.31	0.24	0.38	0.33	0.41	0.36	0.33	0.42	0.36	0.22	0.34	0.24	0.41	0.38	0.22	0.26	1.00	0.40	0.21	0.22	0.28	0.31	0.26	0.34	0.31	0.34	0.34	0.31	0.39	0.33	0.35	0.41	0.32	0.33	0.28	0.29	0.30	0.36	0.28	0.29	0.30
MO	0.01	0.24	0.29	0.32	0.23	0.39	0.30	0.23	0.36	0.20	0.33	0.23	0.36	0.27	0.33	0.32	0.24	0.36	0.39	0.20	0.37	0.20	0.44	0.42	0.18	0.31	0.40	1.00	0.23	0.29	0.24	0.31	0.26	0.37	0.36	0.33	0.29	0.29	0.44	0.40	0.35	0.34	0.38	0.31	0.37	0.33	0.24	0.34	0.35	0.40	0.27
PH	-0.01	0.15	0.14	0.10	0.08	0.03	0.06	0.13	0.14	0.51	0.04	0.63	0.06	0.18	0.05	0.29	0.20	0.02	0.23	0.50	0.37	0.43	0.09	0.29	0.56	0.33	0.21	0.23	1.00	0.18	0.69	0.47	0.58	0.39	0.19	0.36	0.41	0.60	0.19	0.35	0.53	0.46	0.38	0.51	0.23	0.67	0.56	0.63	0.24	0.25	0.70
MSEX	0.07	0.11	0.15	0.32	0.30	0.27	0.20	0.25	0.29	0.14	0.28	0.15	0.25	0.29	0.31	0.18	0.35	0.30	0.33	0.29	0.26	0.32	0.28	0.29	0.30	0.35	0.22	0.29	0.18	1.00	0.22	0.33	0.24	0.30	0.42	0.34	0.40	0.32	0.52	0.42	0.35	0.26	0.44	0.35	0.72	0.32	0.40	0.33	0.73	0.73	0.34
EMR	-0.07	0.14	0.15	0.17	0.10	0.11	0.15	0.19	0.19	0.43	0.13	0.53	0.16	0.23	0.16	0.33	0.27	0.15	0.27	0.46	0.36	0.40	0.18	0.31	0.49	0.29	0.28	0.24	0.69	0.22	1.00	0.41	0.49	0.42	0.29	0.31	0.37	0.48	0.27	0.39	0.51	0.45	0.38	0.50	0.28	0.61	0.51	0.53	0.29	0.30	0.60
CBSH	-0.03	0.01	0.12	0.24	0.12	0.15	0.03	0.13	0.16	0.40	0.10	0.29	0.08	0.16	0.26	0.34	0.26	0.10	0.36	0.33	0.44	0.30	0.17	0.34	0.43	0.43	0.31	0.31	0.47	0.33	0.41	1.00	0.45	0.45	0.41	0.47	0.49	0.52	0.42	0.46	0.41	0.44	0.51	0.43	0.39	0.50	0.52	0.45	0.44	0.45	0.48
TNC	-0.09	0.11	0.09	0.16	0.19	0.08	0.14	0.14	0.21	0.43	0.12	0.49	0.14	0.27	0.19	0.29	0.32	0.13	0.32	0.45	0.37	0.36	0.14	0.30	0.59	0.39	0.26	0.26	0.58	0.24	0.49	0.45	1.00	0.40	0.31	0.44	0.52	0.49	0.28	0.38	0.45	0.48	0.40	0.46	0.35	0.48	0.56	0.52	0.36	0.35	0.52
MMM	0.07	0.12	0.17	0.24	0.19	0.27	0.24	0.27	0.27	0.30	0.18	0.21	0.26	0.26	0.34	0.42	0.24	0.23	0.43	0.26	0.39	0.32	0.32	0.38	0.34	0.33	0.34	0.37	0.39	0.30	0.42	0.45	0.40	1.00	0.37	0.41	0.43	0.58	0.38	0.44	0.51	0.41	0.44	0.42	0.37	0.46	0.46	0.44	0.36	0.39	0.46
NWN	0.06	0.19	0.24	0.33	0.26	0.33	0.22	0.30	0.27	0.23	0.30	0.17	0.27	0.26	0.39	0.33	0.40	0.34	0.34	0.24	0.33	0.23	0.35	0.30	0.29	0.40	0.31	0.36	0.19	0.42	0.29	0.41	0.31	0.37	1.00	0.44	0.40	0.33	0.62	0.54	0.33	0.39	0.50	0.30	0.58	0.34	0.37	0.37	0.60	0.57	0.31
LEG	0.03	0.12	0.23	0.17	0.19	0.22	0.15	0.24	0.27	0.34	0.28	0.22	0.19	0.31	0.31	0.46	0.26	0.23	0.36	0.27	0.36	0.26	0.25	0.38	0.39	0.46	0.34	0.33	0.36	0.34	0.31	0.47	0.44	0.41	0.44	1.00	0.41	0.50	0.45	0.47	0.46	0.46	0.49	0.47	0.39	0.43	0.46	0.45	0.42	0.43	0.43
SCL	0.02	0.07	0.11	0.21	0.21	0.14	0.17	0.20	0.28	0.36	0.16	0.30	0.16	0.24	0.26	0.35	0.31	0.13	0.44	0.40	0.31	0.31	0.23	0.34	0.53	0.40	0.34	0.29	0.41	0.40	0.37	0.49	0.52	0.43	0.40	0.41	1.00	0.52	0.40	0.44	0.43	0.32	0.45	0.51	0.49	0.48	0.60	0.48	0.48	0.49	0.52
SWK	0.03	0.05	0.09	0.21	0.15	0.13	0.09	0.24	0.22	0.38	0.15	0.40	0.11	0.26	0.19	0.36	0.27	0.14	0.33	0.42	0.36	0.37	0.17	0.27	0.58	0.39	0.31	0.29	0.60	0.32	0.48	0.52	0.49	0.58	0.33	0.50	0.52	1.00	0.35	0.41	0.59	0.45	0.53	0.62	0.37	0.59	0.59	0.58	0.36	0.38	0.64
BKH	0.04	0.15	0.22	0.35	0.31	0.32	0.25	0.27	0.27	0.23	0.34	0.13	0.31	0.41	0.42	0.38	0.39	0.38	0.37	0.25	0.38	0.24	0.40	0.38	0.26	0.39	0.39	0.44	0.19	0.52	0.27	0.42	0.28	0.38	0.62	0.45	0.40	0.35	1.00	0.61	0.32	0.32	0.53	0.34	0.61	0.31	0.35	0.37	0.65	0.61	0.32
NFG	0.02	0.12	0.19	0.33	0.24	0.20	0.22	0.21	0.30	0.29	0.27	0.27	0.31	0.34	0.38	0.40	0.36	0.29	0.34	0.30	0.36	0.22	0.29	0.44	0.33	0.46	0.33	0.40	0.35	0.42	0.39	0.46	0.38	0.44	0.54	0.47	0.44	0.41	0.61	1.00	0.35	0.37	0.54	0.37	0.52	0.43	0.44	0.45	0.51	0.52	0.41
LOW	0.01	0.21	0.24	0.24	0.10	0.21	0.18	0.27	0.26	0.41	0.22	0.46	0.21	0.24	0.22	0.38	0.30	0.21	0.37	0.41	0.30	0.42	0.22	0.34	0.45	0.33	0.35	0.35	0.53	0.35	0.51	0.41	0.45	0.51	0.33	0.46	0.43	0.59	0.32	0.35	1.00	0.55	0.44	0.51	0.39	0.59	0.53	0.53	0.40	0.38	0.62
GPC	0.01	0.23	0.24	0.20	0.22	0.30	0.28	0.32	0.29	0.36	0.27	0.50	0.30	0.33	0.31	0.35	0.32	0.34	0.25	0.35	0.41	0.42	0.30	0.33	0.37	0.42	0.41	0.34	0.46	0.26	0.45	0.44	0.48	0.41	0.39	0.46	0.32	0.45	0.32	0.37	0.55	1.00	0.40	0.44	0.34	0.51	0.46	0.56	0.36	0.33	0.54
FRT	0.01	0.16	0.23	0.25	0.22	0.19	0.20	0.27	0.18	0.31	0.27	0.26	0.26	0.32	0.31	0.34	0.27	0.29	0.36	0.33	0.42	0.37	0.30	0.33	0.45	0.40	0.32	0.38	0.38	0.44	0.38	0.51	0.40	0.44	0.50	0.49	0.45	0.53	0.53	0.54	0.44	0.40	1.00	0.46	0.53	0.47	0.45	0.43	0.56	0.54	0.46
PPG	-0.01	0.15	0.12	0.17	0.23	0.19	0.17	0.27	0.34	0.50	0.29	0.38	0.24	0.33	0.25	0.33	0.25	0.26	0.37	0.45	0.32	0.44	0.30	0.38	0.51	0.36	0.33	0.31	0.51	0.35	0.50	0.43	0.46	0.42	0.30	0.47	0.51	0.62	0.34	0.37	0.51	0.44	0.46	1.00	0.37	0.57	0.69	0.60	0.39	0.39	0.58
CWT	0.08	0.16	0.21	0.34	0.38	0.29	0.25	0.25	0.30	0.24	0.30	0.20	0.32	0.33	0.35	0.23	0.40	0.36	0.36	0.29	0.29	0.34	0.35	0.29	0.39	0.43	0.28	0.37	0.23	0.72	0.28	0.39	0.35	0.37	0.58	0.39	0.49	0.37	0.61	0.52	0.39	0.34	0.53	0.37	1.00	0.37	0.45	0.35	0.87	0.79	0.39
DOV	0.06	0.18	0.16	0.22	0.13	0.13	0.13	0.28	0.20	0.43	0.20	0.50	0.15	0.26	0.21	0.37	0.25	0.14	0.32	0.47	0.41	0.41	0.19	0.38	0.56	0.39	0.29	0.33	0.67	0.32	0.61	0.50	0.48	0.46	0.34	0.43	0.48	0.59	0.31	0.43	0.59	0.51	0.47	0.57	0.37	1.00	0.63	0.65	0.37	0.38	0.66
FUL	0.03	0.07	0.06	0.26	0.25	0.13	0.16	0.18	0.25	0.46	0.14	0.44	0.15	0.27	0.26	0.34	0.35	0.12	0.34	0.46	0.34	0.43	0.17	0.34	0.57	0.47	0.30	0.24	0.56	0.40	0.51	0.52	0.56	0.46	0.37	0.46	0.60	0.59	0.35	0.44	0.53	0.46	0.45	0.69	0.45	0.63	1.00	0.60	0.45	0.45	0.62
ITW	0.02	0.16	0.20	0.13	0.19	0.20	0.16	0.27	0.28	0.47	0.19	0.54	0.23	0.28	0.25	0.35	0.29	0.23	0.38	0.44	0.40	0.39	0.24	0.40	0.52	0.39	0.36	0.34	0.63	0.33	0.53	0.45	0.52	0.44	0.37	0.45	0.48	0.58	0.37	0.45	0.53	0.56	0.43	0.60	0.35	0.65	0.60	1.00	0.36	0.37	0.65
AWR	0.04	0.15	0.25	0.31	0.35	0.31	0.25	0.28	0.29	0.21	0.34	0.20	0.34	0.37	0.36	0.27	0.38	0.38	0.41	0.34	0.34	0.31	0.38	0.30	0.37	0.42	0.28	0.35	0.24	0.73	0.29	0.44	0.36	0.36	0.60	0.42	0.48	0.36	0.65	0.51	0.40	0.36	0.56	0.39	0.87	0.37	0.45	0.36	1.00	0.86	0.38
SJW	0.03	0.15	0.31	0.32	0.38	0.34	0.23	0.25	0.32	0.20	0.32	0.16	0.32	0.32	0.37	0.30	0.41	0.39	0.45	0.33	0.37	0.35	0.39	0.33	0.30	0.41	0.29	0.40	0.25	0.73	0.30	0.45	0.35	0.39	0.57	0.43	0.49	0.38	0.61	0.52	0.38	0.33	0.54	0.39	0.79	0.38	0.45	0.37	0.86	1.00	0.39
NDSN	0.10	0.14	0.14	0.21	0.16	0.14	0.17	0.27	0.23	0.51	0.20	0.56	0.18	0.30	0.20	0.33	0.33	0.21	0.35	0.52	0.36	0.46	0.22	0.34	0.54	0.41	0.30	0.27	0.70	0.34	0.60	0.48	0.52	0.46	0.31	0.43	0.52	0.64	0.32	0.41	0.62	0.54	0.46	0.58	0.39	0.66	0.62	0.65	0.38	0.39	1.00

The correlation results are calculated based on daily price changes starting from May 5, 2023