HIGH ROE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification
HIGH ROE
Last updated Nov 15, 2024
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
AAPL Apple Inc | Technology | 4% |
ABNB Airbnb, Inc. | Communication Services | 4% |
ADP Automatic Data Processing, Inc. | Industrials | 4% |
AMGN Amgen Inc. | Healthcare | 4% |
AON Aon plc | Financial Services | 4% |
APA Apache Corporation | Energy | 4% |
APO Apollo Global Management, Inc. | Financial Services | 4% |
ASML ASML Holding N.V. | Technology | 4% |
BKNG Booking Holdings Inc. | Consumer Cyclical | 4% |
CDW CDW Corporation | Technology | 4% |
ENPH Enphase Energy, Inc. | Technology | 4% |
FCNCA First Citizens BancShares, Inc. | Financial Services | 4% |
FTNT Fortinet, Inc. | Technology | 4% |
IDXX IDEXX Laboratories, Inc. | Healthcare | 4% |
IT Gartner, Inc. | Technology | 4% |
ITW Illinois Tool Works Inc. | Industrials | 4% |
KLAC KLA Corporation | Technology | 4% |
LII Lennox International Inc. | Industrials | 4% |
LW Lamb Weston Holdings, Inc. | Consumer Defensive | 4% |
MA Mastercard Inc | Financial Services | 4% |
MAR | 4% | |
MSI | 4% | |
NTAP | 4% | |
NVO | 4% | |
SHW | 4% |
Quarterly
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in HIGH ROE, 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
HIGH ROE
Benchmark (^GSPC)
Portfolio components
The earliest data available for this chart is Dec 10, 2020, corresponding to the inception date of ABNB
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 24.72% | 2.30% | 12.31% | 32.12% | 13.81% | 11.31% |
| HIGH ROE | 15.37% | 0.18% | 7.61% | 25.10% | N/A | N/A |
| Portfolio components: | ||||||
MSI | 58.90% | 4.29% | 35.39% | 58.86% | N/A | N/A |
MAR | 26.02% | 8.23% | 18.67% | 41.62% | N/A | N/A |
LII Lennox International Inc. | 38.94% | 3.82% | 26.30% | 54.42% | 21.01% | 22.59% |
FTNT Fortinet, Inc. | 61.39% | 14.30% | 54.25% | 85.00% | 36.09% | 33.26% |
AON Aon plc | 30.40% | 5.35% | 29.37% | 15.10% | 14.58% | 16.47% |
IT Gartner, Inc. | 19.06% | 1.33% | 19.95% | 28.56% | 27.49% | 20.09% |
BKNG Booking Holdings Inc. | 41.15% | 15.40% | 33.71% | 60.43% | 22.11% | 15.72% |
APA Apache Corporation | -34.85% | -8.14% | -24.59% | -37.35% | 0.80% | -9.04% |
MA Mastercard Inc | 22.72% | 2.60% | 13.73% | 31.90% | 13.80% | 20.91% |
AAPL Apple Inc | 19.12% | -2.30% | 20.49% | 21.98% | 28.87% | 24.61% |
AMGN Amgen Inc. | 5.01% | -8.97% | -5.32% | 11.65% | 9.17% | 9.41% |
LW Lamb Weston Holdings, Inc. | -24.21% | 13.29% | -6.53% | -13.61% | 0.79% | N/A |
ADP Automatic Data Processing, Inc. | 31.79% | 4.12% | 22.08% | 34.03% | 14.47% | 16.07% |
ITW Illinois Tool Works Inc. | 4.78% | 3.26% | 9.31% | 16.17% | 11.63% | 13.76% |
KLAC KLA Corporation | 11.63% | -8.86% | -13.78% | 18.98% | 31.05% | 28.70% |
IDXX IDEXX Laboratories, Inc. | -23.67% | -10.61% | -21.68% | -8.01% | 10.30% | 18.99% |
NVO | 2.93% | -10.60% | -20.54% | 10.42% | N/A | N/A |
APO Apollo Global Management, Inc. | 78.44% | 16.08% | 46.37% | 92.15% | 34.49% | 28.27% |
ABNB Airbnb, Inc. | -1.16% | 0.97% | -8.58% | 4.84% | N/A | N/A |
FCNCA First Citizens BancShares, Inc. | 52.09% | 6.19% | 22.68% | 46.15% | 33.67% | 24.72% |
ENPH Enphase Energy, Inc. | -51.90% | -30.94% | -45.61% | -31.52% | 26.96% | 19.66% |
NTAP | 36.46% | -5.83% | 8.47% | 52.44% | N/A | N/A |
SHW | 25.36% | -0.02% | 23.95% | 48.00% | N/A | N/A |
CDW CDW Corporation | -19.85% | -17.88% | -18.92% | -16.54% | 7.00% | 19.92% |
ASML ASML Holding N.V. | -7.72% | -4.91% | -24.33% | 3.03% | 21.45% | 22.32% |
Monthly Returns
The table below presents the monthly returns of HIGH ROE, 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 | 1.29% | 5.07% | 3.29% | -6.61% | 4.21% | 1.76% | 2.52% | 2.08% | -0.07% | -1.88% | 15.37% | ||
| 2023 | 7.06% | -1.02% | 4.19% | -0.51% | 0.61% | 8.22% | 4.45% | -0.77% | -3.41% | -4.82% | 10.93% | 6.01% | 34.00% |
| 2022 | -7.36% | -1.20% | 3.93% | -7.44% | 1.64% | -9.64% | 14.32% | -3.03% | -8.18% | 11.89% | 8.60% | -5.94% | -5.93% |
| 2021 | -1.01% | 9.24% | 2.95% | 4.56% | 1.52% | 3.70% | 2.18% | 4.09% | -3.46% | 9.18% | -1.06% | 4.73% | 42.38% |
| 2020 | 3.86% | 3.86% |
Expense Ratio
HIGH ROE 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 HIGH ROE is 28, 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.
Combined Rank
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 | |
|---|---|---|---|---|---|
MSI | 3.45 | 4.90 | 1.68 | 9.94 | 28.00 |
MAR | 1.94 | 2.55 | 1.35 | 2.31 | 6.33 |
LII Lennox International Inc. | 2.01 | 2.55 | 1.33 | 6.31 | 16.70 |
FTNT Fortinet, Inc. | 2.19 | 3.54 | 1.46 | 2.29 | 8.17 |
AON Aon plc | 0.71 | 1.09 | 1.16 | 0.78 | 1.82 |
IT Gartner, Inc. | 1.27 | 1.74 | 1.24 | 1.96 | 5.53 |
BKNG Booking Holdings Inc. | 2.37 | 2.69 | 1.44 | 3.06 | 9.54 |
APA Apache Corporation | -1.05 | -1.43 | 0.82 | -0.68 | -1.83 |
MA Mastercard Inc | 2.03 | 2.69 | 1.37 | 2.70 | 6.72 |
AAPL Apple Inc | 0.98 | 1.54 | 1.19 | 1.32 | 3.11 |
AMGN Amgen Inc. | 0.47 | 0.84 | 1.12 | 0.63 | 1.52 |
LW Lamb Weston Holdings, Inc. | -0.31 | -0.10 | 0.98 | -0.26 | -0.53 |
ADP Automatic Data Processing, Inc. | 2.30 | 3.19 | 1.42 | 2.55 | 12.66 |
ITW Illinois Tool Works Inc. | 1.05 | 1.55 | 1.19 | 1.27 | 2.59 |
KLAC KLA Corporation | 0.44 | 0.85 | 1.12 | 0.69 | 1.76 |
IDXX IDEXX Laboratories, Inc. | -0.29 | -0.23 | 0.97 | -0.19 | -0.60 |
NVO | 0.35 | 0.72 | 1.09 | 0.37 | 1.02 |
APO Apollo Global Management, Inc. | 2.98 | 3.53 | 1.52 | 4.42 | 17.71 |
ABNB Airbnb, Inc. | 0.14 | 0.42 | 1.06 | 0.10 | 0.31 |
FCNCA First Citizens BancShares, Inc. | 1.31 | 2.21 | 1.29 | 3.19 | 7.89 |
ENPH Enphase Energy, Inc. | -0.49 | -0.40 | 0.95 | -0.38 | -1.53 |
NTAP | 1.59 | 2.68 | 1.37 | 3.41 | 8.78 |
SHW | 2.34 | 3.10 | 1.42 | 2.18 | 7.31 |
CDW CDW Corporation | -0.62 | -0.65 | 0.90 | -0.56 | -1.45 |
ASML ASML Holding N.V. | 0.07 | 0.39 | 1.06 | 0.08 | 0.18 |
HIGH ROE
Benchmark (^GSPC)
Portfolio components
Dividends
Dividend yield
HIGH ROE provided a 1.04% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.04% | 0.99% | 1.09% | 0.87% | 1.16% | 1.27% | 1.57% | 1.25% | 1.42% | 1.61% | 2.39% | 1.36% |
| Portfolio components: | ||||||||||||
MSI | 0.79% | 1.16% | 1.26% | 1.07% | 1.55% | 1.46% | 1.85% | 2.14% | 2.05% | 2.09% | 1.94% | 1.69% |
MAR | 0.82% | 0.87% | 0.67% | 0.00% | 0.36% | 1.22% | 1.44% | 0.95% | 1.39% | 1.42% | 0.99% | 1.30% |
LII Lennox International Inc. | 0.73% | 0.97% | 1.71% | 1.09% | 1.12% | 1.21% | 1.11% | 0.94% | 1.08% | 1.10% | 1.20% | 1.08% |
FTNT Fortinet, 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% |
AON Aon plc | 0.70% | 0.83% | 0.73% | 0.66% | 0.84% | 0.83% | 1.07% | 1.05% | 1.16% | 1.25% | 0.98% | 0.81% |
IT Gartner, 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% |
BKNG Booking Holdings Inc. | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
APA Apache Corporation | 4.42% | 2.79% | 1.34% | 0.51% | 2.29% | 3.91% | 3.81% | 2.37% | 1.58% | 2.25% | 1.52% | 0.90% |
MA Mastercard Inc | 0.51% | 0.53% | 0.56% | 0.49% | 0.45% | 0.44% | 0.53% | 0.58% | 0.74% | 0.66% | 0.51% | 0.25% |
AAPL Apple Inc | 0.43% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
AMGN Amgen Inc. | 3.00% | 2.96% | 2.95% | 3.13% | 2.78% | 2.41% | 2.71% | 2.65% | 2.74% | 1.95% | 1.53% | 1.65% |
LW Lamb Weston Holdings, Inc. | 1.79% | 1.04% | 1.10% | 1.48% | 1.17% | 0.93% | 1.04% | 1.33% | 0.00% | 0.00% | 0.00% | 0.00% |
ADP Automatic Data Processing, Inc. | 1.85% | 2.21% | 1.83% | 1.55% | 2.08% | 1.92% | 2.14% | 2.00% | 2.10% | 2.36% | 2.10% | 2.21% |
ITW Illinois Tool Works Inc. | 2.11% | 2.07% | 2.30% | 1.91% | 2.17% | 2.30% | 2.81% | 1.71% | 1.96% | 2.23% | 1.91% | 1.90% |
KLAC KLA Corporation | 0.67% | 0.92% | 1.25% | 0.91% | 1.35% | 1.74% | 3.17% | 2.15% | 2.67% | 2.94% | 26.17% | 2.64% |
IDXX IDEXX Laboratories, 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% |
NVO | 1.37% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% | 1.72% |
APO Apollo Global Management, Inc. | 1.09% | 1.81% | 2.51% | 2.90% | 4.72% | 4.23% | 7.86% | 5.53% | 6.46% | 12.91% | 13.19% | 12.50% |
ABNB Airbnb, 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% |
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% |
ENPH Enphase Energy, 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% |
NTAP | 1.73% | 2.27% | 3.33% | 2.13% | 2.90% | 2.83% | 2.01% | 1.41% | 2.10% | 2.60% | 1.52% | 0.73% |
SHW | 0.89% | 0.78% | 1.01% | 0.62% | 0.73% | 0.77% | 0.87% | 0.83% | 1.25% | 1.03% | 0.84% | 1.09% |
CDW CDW Corporation | 1.37% | 1.05% | 1.17% | 0.83% | 1.17% | 0.89% | 1.14% | 0.99% | 0.93% | 0.74% | 0.56% | 0.18% |
ASML ASML Holding N.V. | 0.97% | 0.85% | 1.27% | 0.50% | 0.59% | 1.20% | 1.10% | 0.75% | 1.02% | 0.91% | 0.77% | 0.75% |
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.
HIGH ROE
Benchmark (^GSPC)
Portfolio components
Worst Drawdowns
The table below displays the maximum drawdowns of the HIGH ROE. 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 HIGH ROE was 22.50%, occurring on Jun 16, 2022. Recovery took 150 trading sessions.
The current HIGH ROE drawdown is 2.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.5% | Dec 28, 2021 | 119 | Jun 16, 2022 | 150 | Jan 23, 2023 | 269 |
| -9.9% | Aug 1, 2023 | 63 | Oct 27, 2023 | 16 | Nov 20, 2023 | 79 |
| -9.19% | Feb 16, 2023 | 19 | Mar 15, 2023 | 22 | Apr 17, 2023 | 41 |
| -8.83% | Jul 17, 2024 | 14 | Aug 5, 2024 | 19 | Aug 30, 2024 | 33 |
| -7.84% | Apr 1, 2024 | 23 | May 1, 2024 | 29 | Jun 12, 2024 | 52 |
Volatility
Volatility Chart
The current HIGH ROE volatility is 3.88%, 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.
HIGH ROE
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.
| APA | NVO | AMGN | LW | ENPH | AON | FCNCA | ABNB | BKNG | SHW | FTNT | MAR | LII | AAPL | NTAP | MA | MSI | APO | ITW | IDXX | ADP | KLAC | IT | ASML | CDW | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APA | 1.00 | 0.04 | 0.11 | 0.14 | 0.24 | 0.15 | 0.36 | 0.25 | 0.28 | 0.10 | 0.16 | 0.35 | 0.18 | 0.15 | 0.27 | 0.23 | 0.20 | 0.35 | 0.32 | 0.12 | 0.22 | 0.23 | 0.19 | 0.22 | 0.26 |
| NVO | 0.04 | 1.00 | 0.22 | 0.14 | 0.18 | 0.22 | 0.12 | 0.15 | 0.18 | 0.26 | 0.29 | 0.14 | 0.21 | 0.24 | 0.19 | 0.25 | 0.28 | 0.24 | 0.16 | 0.35 | 0.24 | 0.26 | 0.30 | 0.31 | 0.23 |
| AMGN | 0.11 | 0.22 | 1.00 | 0.25 | 0.12 | 0.28 | 0.24 | 0.07 | 0.20 | 0.27 | 0.19 | 0.17 | 0.23 | 0.25 | 0.22 | 0.23 | 0.31 | 0.20 | 0.29 | 0.28 | 0.35 | 0.21 | 0.25 | 0.21 | 0.27 |
| LW | 0.14 | 0.14 | 0.25 | 1.00 | 0.17 | 0.30 | 0.33 | 0.20 | 0.32 | 0.27 | 0.22 | 0.36 | 0.27 | 0.24 | 0.24 | 0.33 | 0.33 | 0.30 | 0.32 | 0.29 | 0.32 | 0.25 | 0.34 | 0.25 | 0.33 |
| ENPH | 0.24 | 0.18 | 0.12 | 0.17 | 1.00 | 0.16 | 0.27 | 0.38 | 0.27 | 0.29 | 0.37 | 0.27 | 0.29 | 0.35 | 0.31 | 0.22 | 0.28 | 0.35 | 0.25 | 0.41 | 0.25 | 0.45 | 0.29 | 0.44 | 0.37 |
| AON | 0.15 | 0.22 | 0.28 | 0.30 | 0.16 | 1.00 | 0.32 | 0.20 | 0.27 | 0.44 | 0.33 | 0.31 | 0.37 | 0.36 | 0.31 | 0.40 | 0.51 | 0.33 | 0.41 | 0.37 | 0.50 | 0.27 | 0.46 | 0.29 | 0.43 |
| FCNCA | 0.36 | 0.12 | 0.24 | 0.33 | 0.27 | 0.32 | 1.00 | 0.32 | 0.39 | 0.30 | 0.28 | 0.45 | 0.38 | 0.28 | 0.38 | 0.37 | 0.32 | 0.46 | 0.42 | 0.27 | 0.38 | 0.34 | 0.38 | 0.32 | 0.42 |
| ABNB | 0.25 | 0.15 | 0.07 | 0.20 | 0.38 | 0.20 | 0.32 | 1.00 | 0.54 | 0.30 | 0.39 | 0.52 | 0.33 | 0.41 | 0.39 | 0.39 | 0.28 | 0.47 | 0.27 | 0.39 | 0.26 | 0.43 | 0.36 | 0.46 | 0.40 |
| BKNG | 0.28 | 0.18 | 0.20 | 0.32 | 0.27 | 0.27 | 0.39 | 0.54 | 1.00 | 0.34 | 0.35 | 0.65 | 0.37 | 0.37 | 0.39 | 0.48 | 0.35 | 0.47 | 0.40 | 0.38 | 0.34 | 0.45 | 0.42 | 0.46 | 0.46 |
| SHW | 0.10 | 0.26 | 0.27 | 0.27 | 0.29 | 0.44 | 0.30 | 0.30 | 0.34 | 1.00 | 0.37 | 0.34 | 0.56 | 0.40 | 0.39 | 0.42 | 0.44 | 0.38 | 0.54 | 0.47 | 0.50 | 0.38 | 0.50 | 0.39 | 0.47 |
| FTNT | 0.16 | 0.29 | 0.19 | 0.22 | 0.37 | 0.33 | 0.28 | 0.39 | 0.35 | 0.37 | 1.00 | 0.33 | 0.36 | 0.50 | 0.45 | 0.43 | 0.47 | 0.44 | 0.33 | 0.55 | 0.44 | 0.51 | 0.48 | 0.54 | 0.49 |
| MAR | 0.35 | 0.14 | 0.17 | 0.36 | 0.27 | 0.31 | 0.45 | 0.52 | 0.65 | 0.34 | 0.33 | 1.00 | 0.42 | 0.36 | 0.42 | 0.47 | 0.36 | 0.47 | 0.45 | 0.34 | 0.38 | 0.44 | 0.44 | 0.45 | 0.47 |
| LII | 0.18 | 0.21 | 0.23 | 0.27 | 0.29 | 0.37 | 0.38 | 0.33 | 0.37 | 0.56 | 0.36 | 0.42 | 1.00 | 0.38 | 0.44 | 0.36 | 0.42 | 0.43 | 0.58 | 0.44 | 0.44 | 0.45 | 0.48 | 0.45 | 0.53 |
| AAPL | 0.15 | 0.24 | 0.25 | 0.24 | 0.35 | 0.36 | 0.28 | 0.41 | 0.37 | 0.40 | 0.50 | 0.36 | 0.38 | 1.00 | 0.44 | 0.46 | 0.48 | 0.40 | 0.38 | 0.50 | 0.44 | 0.54 | 0.44 | 0.56 | 0.51 |
| NTAP | 0.27 | 0.19 | 0.22 | 0.24 | 0.31 | 0.31 | 0.38 | 0.39 | 0.39 | 0.39 | 0.45 | 0.42 | 0.44 | 0.44 | 1.00 | 0.39 | 0.43 | 0.49 | 0.43 | 0.38 | 0.40 | 0.58 | 0.50 | 0.54 | 0.60 |
| MA | 0.23 | 0.25 | 0.23 | 0.33 | 0.22 | 0.40 | 0.37 | 0.39 | 0.48 | 0.42 | 0.43 | 0.47 | 0.36 | 0.46 | 0.39 | 1.00 | 0.46 | 0.43 | 0.48 | 0.45 | 0.53 | 0.44 | 0.49 | 0.46 | 0.50 |
| MSI | 0.20 | 0.28 | 0.31 | 0.33 | 0.28 | 0.51 | 0.32 | 0.28 | 0.35 | 0.44 | 0.47 | 0.36 | 0.42 | 0.48 | 0.43 | 0.46 | 1.00 | 0.40 | 0.45 | 0.44 | 0.56 | 0.42 | 0.53 | 0.43 | 0.55 |
| APO | 0.35 | 0.24 | 0.20 | 0.30 | 0.35 | 0.33 | 0.46 | 0.47 | 0.47 | 0.38 | 0.44 | 0.47 | 0.43 | 0.40 | 0.49 | 0.43 | 0.40 | 1.00 | 0.42 | 0.40 | 0.36 | 0.47 | 0.45 | 0.50 | 0.51 |
| ITW | 0.32 | 0.16 | 0.29 | 0.32 | 0.25 | 0.41 | 0.42 | 0.27 | 0.40 | 0.54 | 0.33 | 0.45 | 0.58 | 0.38 | 0.43 | 0.48 | 0.45 | 0.42 | 1.00 | 0.44 | 0.54 | 0.40 | 0.50 | 0.41 | 0.56 |
| IDXX | 0.12 | 0.35 | 0.28 | 0.29 | 0.41 | 0.37 | 0.27 | 0.39 | 0.38 | 0.47 | 0.55 | 0.34 | 0.44 | 0.50 | 0.38 | 0.45 | 0.44 | 0.40 | 0.44 | 1.00 | 0.45 | 0.48 | 0.50 | 0.54 | 0.51 |
| ADP | 0.22 | 0.24 | 0.35 | 0.32 | 0.25 | 0.50 | 0.38 | 0.26 | 0.34 | 0.50 | 0.44 | 0.38 | 0.44 | 0.44 | 0.40 | 0.53 | 0.56 | 0.36 | 0.54 | 0.45 | 1.00 | 0.38 | 0.57 | 0.39 | 0.53 |
| KLAC | 0.23 | 0.26 | 0.21 | 0.25 | 0.45 | 0.27 | 0.34 | 0.43 | 0.45 | 0.38 | 0.51 | 0.44 | 0.45 | 0.54 | 0.58 | 0.44 | 0.42 | 0.47 | 0.40 | 0.48 | 0.38 | 1.00 | 0.50 | 0.82 | 0.57 |
| IT | 0.19 | 0.30 | 0.25 | 0.34 | 0.29 | 0.46 | 0.38 | 0.36 | 0.42 | 0.50 | 0.48 | 0.44 | 0.48 | 0.44 | 0.50 | 0.49 | 0.53 | 0.45 | 0.50 | 0.50 | 0.57 | 0.50 | 1.00 | 0.48 | 0.59 |
| ASML | 0.22 | 0.31 | 0.21 | 0.25 | 0.44 | 0.29 | 0.32 | 0.46 | 0.46 | 0.39 | 0.54 | 0.45 | 0.45 | 0.56 | 0.54 | 0.46 | 0.43 | 0.50 | 0.41 | 0.54 | 0.39 | 0.82 | 0.48 | 1.00 | 0.54 |
| CDW | 0.26 | 0.23 | 0.27 | 0.33 | 0.37 | 0.43 | 0.42 | 0.40 | 0.46 | 0.47 | 0.49 | 0.47 | 0.53 | 0.51 | 0.60 | 0.50 | 0.55 | 0.51 | 0.56 | 0.51 | 0.53 | 0.57 | 0.59 | 0.54 | 1.00 |
The correlation results are calculated based on daily price changes starting from Dec 11, 2020