APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min wei...

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight

Last updated Aug 31, 2024

Asset Allocation

Position	Category/Sector	Weight
AAPL Apple Inc	Technology	2.80%
ADBE Adobe Inc	Technology	3.27%
AMP Ameriprise Financial, Inc.	Financial Services	2%
APTV Aptiv PLC	Consumer Cyclical	2.14%
BAC Bank of America Corporation	Financial Services	1.70%
CE Celanese Corporation	Basic Materials	1.60%
CF CF Industries Holdings, Inc.	Basic Materials	1.60%
CMI Cummins Inc.	Industrials	1.70%
COP ConocoPhillips Company	Energy	1.60%
CSCO Cisco Systems, Inc.	Technology	3.09%
CVS CVS Health Corporation	Healthcare	1.60%
CVX Chevron Corporation	Energy	1.80%
DHI D.R. Horton, Inc.	Consumer Cyclical	2.08%
DHR Danaher Corporation	Healthcare	1.70%
DIS The Walt Disney Company	Communication Services	2%
DRI Darden Restaurants, Inc.	Consumer Cyclical	1.80%
DTE DTE Energy Company	Utilities	1.61%
GOOGL Alphabet Inc.	Communication Services	2.40%
HPQ HP Inc.	Technology	2.57%
HST Host Hotels & Resorts, Inc.	Real Estate	2.15%
IBM		3.22%
INTC		3.28%
JPM		2%
KLAC		3%
LKQ		1.80%
LOW		2.14%
MA		2%
MCHP		2.68%
MCK		1.70%
MET		2.05%
META		2.48%
MRK		1.70%
PEG		1.60%
PFE		1.70%
PWR		1.70%
REGN		1.80%
ROP		3.14%
STZ		1.80%
SYK		1.70%
TGT		1.70%
TMO		1.60%
TRV		1.80%
TSN		1.70%
UNP		1.60%
URI		1.80%
VLO		1.80%
VZ		2%
WAB		1.70%
WBA		1.60%

Benchmark

S&P 500

Rebalance portfolio

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight, 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

APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight

Benchmark (^GSPC)

Portfolio components

The earliest data available for this chart is Nov 17, 2011, corresponding to the inception date of APTV

Returns By Period

As of Aug 31, 2024, the APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight returned 9.63% Year-To-Date and 15.02% of annualized return in the last 10 years.

	Year-To-Date	1 month	6 months	1 year	5 years (annualized)	10 years (annualized)
^GSPC S&P 500	18.42%	2.28%	9.95%	25.31%	14.08%	10.95%
APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight	9.63%	5.24%	3.56%	18.04%	16.96%	15.01%
Portfolio components:
INTC	-55.55%	3.26%	-51.17%	-38.79%	-12.52%	-1.90%
ADBE Adobe Inc	-3.72%	9.17%	1.14%	1.99%	15.13%	22.96%
IBM	27.06%	7.81%	6.66%	42.05%	14.51%	5.46%
ROP	2.12%	3.43%	1.59%	11.60%	9.14%	14.72%
CSCO Cisco Systems, Inc.	2.51%	8.32%	4.60%	-9.81%	4.54%	10.74%
KLAC	41.82%	17.92%	14.60%	63.05%	42.33%	32.06%
AAPL Apple Inc	19.39%	4.28%	31.11%	21.49%	35.38%	26.50%
MCHP	-7.46%	9.52%	-4.51%	1.94%	15.59%	15.16%
HPQ HP Inc.	22.25%	7.30%	26.58%	23.33%	18.40%	11.29%
META	47.58%	6.80%	4.74%	76.25%	22.87%	21.13%
GOOGL Alphabet Inc.	17.09%	-1.97%	22.66%	20.57%	22.65%	18.58%
HST Host Hotels & Resorts, Inc.	-7.15%	9.26%	-14.21%	18.18%	4.63%	1.19%
APTV Aptiv PLC	-20.27%	2.73%	-8.87%	-31.54%	-3.12%	2.66%
LOW	13.30%	3.36%	3.63%	9.09%	19.50%	18.63%
DHI D.R. Horton, Inc.	24.93%	6.27%	24.27%	58.35%	31.62%	25.73%
MET	19.98%	10.70%	12.59%	24.47%	15.77%	7.40%
MA	13.83%	4.61%	3.47%	16.99%	11.72%	20.99%
JPM	34.49%	12.89%	21.79%	56.96%	18.89%	17.39%
AMP Ameriprise Financial, Inc.	19.60%	12.04%	9.78%	33.25%	30.85%	16.12%
DIS The Walt Disney Company	0.56%	0.90%	-20.14%	11.58%	-7.87%	0.85%
VZ	16.39%	1.98%	7.05%	28.56%	-1.21%	3.26%
STZ	0.75%	-2.11%	-2.15%	-5.78%	4.29%	12.17%
CVX Chevron Corporation	2.42%	0.71%	1.50%	-6.05%	9.55%	5.94%
VLO	15.28%	-1.23%	2.78%	13.10%	19.53%	15.22%
DRI Darden Restaurants, Inc.	-1.17%	9.80%	-7.45%	5.36%	8.27%	17.29%
REGN	34.89%	9.47%	21.98%	42.45%	32.95%	12.98%
LKQ	-11.19%	4.41%	-18.52%	-19.20%	11.00%	4.51%
URI	30.20%	10.66%	4.56%	52.52%	46.52%	20.44%
TRV	20.87%	6.31%	5.10%	43.54%	11.27%	11.80%
PWR	27.58%	14.20%	13.14%	29.76%	52.90%	22.49%
MCK	21.62%	-10.88%	5.28%	36.74%	33.02%	11.87%
BAC Bank of America Corporation	22.62%	8.44%	16.64%	43.60%	10.95%	12.03%
TSN	22.72%	5.83%	22.45%	26.75%	-2.92%	7.79%
DHR Danaher Corporation	16.66%	-2.69%	5.35%	14.91%	17.25%	24.00%
WAB	34.15%	10.87%	19.65%	50.23%	21.49%	7.92%
UNP	5.96%	7.29%	2.15%	18.41%	12.32%	11.53%
COP ConocoPhillips Company	-0.63%	8.16%	3.12%	-4.61%	20.66%	6.89%
TMO	16.03%	-0.10%	5.89%	10.68%	16.89%	17.72%
MRK	9.99%	2.82%	-3.33%	10.71%	10.96%	10.69%
SYK	20.92%	8.70%	1.76%	28.00%	11.75%	17.12%
CMI Cummins Inc.	32.99%	8.39%	16.68%	35.66%	19.16%	11.27%
TGT	10.27%	11.25%	3.59%	26.41%	9.95%	12.84%
PFE	5.29%	-4.67%	15.35%	-14.14%	1.03%	4.30%
CVS CVS Health Corporation	-25.31%	-3.51%	-20.90%	-9.42%	1.49%	-0.92%
CE Celanese Corporation	-14.74%	-0.72%	-14.87%	3.39%	5.09%	9.90%
CF CF Industries Holdings, Inc.	6.57%	14.19%	5.40%	7.50%	14.56%	8.08%
WBA	-62.80%	-17.50%	-53.34%	-57.55%	-25.43%	-14.60%
PEG	34.37%	2.44%	29.68%	38.38%	9.40%	11.92%
DTE DTE Energy Company	15.50%	1.44%	15.99%	26.91%	5.66%	10.07%

Monthly Returns

The table below presents the monthly returns of APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight, 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	0.57%	4.32%	4.44%	-6.27%	3.25%	-0.21%	3.00%						9.63%
2023	6.44%	-2.51%	2.18%	-0.12%	-2.09%	7.59%	5.15%	-2.50%	-3.75%	-2.70%	8.80%	6.49%	24.10%
2022	-3.43%	-2.72%	3.95%	-5.65%	2.48%	-10.18%	8.00%	-3.48%	-9.10%	10.73%	7.24%	-5.18%	-9.52%
2021	0.07%	6.65%	6.22%	3.78%	1.25%	0.66%	1.04%	3.18%	-2.96%	5.46%	-1.02%	6.15%	34.44%
2020	-2.54%	-8.77%	-14.98%	15.28%	6.83%	0.63%	4.01%	6.23%	-3.01%	-2.31%	15.61%	3.13%	16.94%
2019	9.91%	4.09%	1.20%	4.77%	-8.12%	8.23%	2.12%	-2.32%	3.67%	1.13%	5.37%	2.51%	36.25%
2018	5.15%	-3.74%	-1.39%	0.64%	3.23%	-0.60%	3.61%	3.23%	0.17%	-8.14%	2.77%	-9.23%	-5.37%
2017	3.01%	4.25%	0.88%	0.81%	1.03%	0.53%	2.23%	0.58%	4.37%	3.84%	2.85%	1.96%	29.63%
2016	-7.27%	0.40%	8.59%	0.34%	1.50%	-1.51%	5.97%	1.32%	0.47%	-2.02%	5.37%	1.73%	14.90%
2015	-3.17%	6.43%	-1.36%	0.64%	2.36%	-1.42%	1.37%	-5.61%	-2.36%	8.13%	1.10%	-1.86%	3.48%
2014	-1.67%	5.70%	1.00%	0.20%	2.57%	2.07%	-0.77%	4.23%	-1.28%	2.50%	4.16%	0.09%	20.15%
2013	6.60%	2.31%	4.06%	2.25%	3.01%	-1.98%	6.60%	-2.40%	5.21%	4.82%	3.24%	3.98%	44.32%

Expense Ratio

APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight 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 APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight is 30, 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.

APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight

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.

APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight

^GSPC

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
INTC	-0.72	-0.76	0.88	-0.51	-1.26
ADBE Adobe Inc	0.16	0.45	1.06	0.15	0.36
IBM	2.02	2.88	1.42	2.56	6.22
ROP	0.64	0.89	1.13	1.03	2.96
CSCO Cisco Systems, Inc.	-0.41	-0.41	0.94	-0.34	-0.61
KLAC	1.72	2.23	1.30	3.00	9.61
AAPL Apple Inc	1.01	1.56	1.19	1.36	2.99
MCHP	0.07	0.34	1.04	0.08	0.26
HPQ HP Inc.	0.96	1.71	1.21	0.84	3.79
META	2.10	2.98	1.40	3.14	12.75
GOOGL Alphabet Inc.	0.74	1.12	1.16	1.10	3.15
HST Host Hotels & Resorts, Inc.	0.71	1.10	1.13	0.68	1.80
APTV Aptiv PLC	-0.80	-1.03	0.87	-0.47	-1.22
LOW	0.44	0.79	1.10	0.38	0.95
DHI D.R. Horton, Inc.	1.79	2.44	1.33	2.60	7.16
MET	1.35	1.74	1.24	1.22	5.91
MA	1.07	1.44	1.21	1.39	3.23
JPM	3.05	3.52	1.55	3.45	19.44
AMP Ameriprise Financial, Inc.	1.78	2.39	1.31	2.51	8.37
DIS The Walt Disney Company	0.30	0.63	1.08	0.13	0.64
VZ	1.33	2.07	1.27	0.71	6.65
STZ	-0.33	-0.33	0.96	-0.39	-0.88
CVX Chevron Corporation	-0.18	-0.10	0.99	-0.16	-0.39
VLO	0.53	0.91	1.11	0.68	1.21
DRI Darden Restaurants, Inc.	0.21	0.44	1.05	0.20	0.43
REGN	2.43	3.52	1.41	3.78	12.12
LKQ	-0.70	-0.74	0.88	-0.61	-1.39
URI	1.54	2.27	1.27	3.03	7.56
TRV	2.15	2.61	1.43	2.59	8.80
PWR	0.93	1.53	1.19	1.27	3.37
MCK	1.66	1.92	1.33	2.40	8.83
BAC Bank of America Corporation	1.88	2.74	1.33	0.95	8.24
TSN	1.08	1.62	1.20	0.45	3.33
DHR Danaher Corporation	0.67	1.15	1.14	0.42	2.36
WAB	2.39	3.33	1.46	2.97	11.28
UNP	0.98	1.56	1.17	0.70	2.95
COP ConocoPhillips Company	-0.09	0.03	1.00	-0.09	-0.17
TMO	0.49	0.82	1.10	0.29	1.25
MRK	0.52	0.80	1.12	0.63	1.86
SYK	1.26	1.78	1.24	1.62	4.68
CMI Cummins Inc.	1.67	2.39	1.29	2.11	7.68
TGT	0.71	1.48	1.18	0.42	2.28
PFE	-0.58	-0.70	0.92	-0.26	-0.82
CVS CVS Health Corporation	-0.36	-0.28	0.96	-0.23	-0.67
CE Celanese Corporation	0.24	0.52	1.06	0.20	0.54
CF CF Industries Holdings, Inc.	0.38	0.76	1.09	0.28	1.15
WBA	-1.32	-2.18	0.72	-0.71	-1.91
PEG	1.96	2.65	1.34	1.57	8.95
DTE DTE Energy Company	1.20	1.75	1.22	0.82	5.22

Sharpe Ratio

The current APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight Sharpe ratio is 1.51. 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 1.62 to 2.21, 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 APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight 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.

APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight

Benchmark (^GSPC)

Portfolio components

Dividends

Dividend yield

APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight granted a 2.12% dividend yield in the last twelve months.

	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight	2.12%	2.06%	2.07%	1.61%	1.94%	1.89%	2.17%	1.77%	2.54%	1.94%	2.27%	1.52%
Portfolio components:
INTC	2.27%	1.47%	5.52%	2.70%	2.65%	2.11%	2.56%	2.33%	2.87%	2.79%	2.48%	3.47%
ADBE Adobe 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%
IBM	3.29%	4.05%	4.68%	4.74%	5.17%	4.79%	5.46%	3.84%	3.31%	3.63%	2.65%	1.97%
ROP	0.53%	0.50%	0.57%	0.46%	0.48%	0.52%	0.62%	0.54%	0.66%	0.53%	0.51%	0.36%
CSCO Cisco Systems, Inc.	3.13%	3.07%	3.17%	2.32%	3.20%	2.88%	2.95%	2.95%	3.28%	3.02%	2.66%	2.27%
KLAC	0.71%	0.92%	1.25%	0.91%	1.35%	1.74%	3.17%	2.15%	2.67%	2.94%	26.17%	2.64%
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%
MCHP	2.18%	1.76%	1.65%	0.98%	1.07%	1.40%	2.02%	1.65%	2.24%	3.07%	3.15%	3.16%
HPQ HP Inc.	3.01%	3.53%	3.77%	2.21%	2.94%	3.20%	2.83%	2.56%	4.24%	3.01%	1.56%	2.03%
META	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GOOGL Alphabet Inc.	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HST Host Hotels & Resorts, Inc.	5.81%	4.59%	3.24%	0.00%	1.33%	4.46%	4.95%	4.15%	4.36%	5.03%	3.04%	2.28%
APTV Aptiv PLC	0.00%	0.00%	0.00%	0.00%	0.17%	0.93%	1.43%	1.15%	1.72%	1.17%	1.38%	1.13%
LOW	1.79%	1.93%	1.86%	1.08%	1.40%	1.72%	1.93%	1.64%	1.77%	1.34%	1.19%	1.37%
DHI D.R. Horton, Inc.	0.64%	0.69%	1.04%	0.76%	1.05%	1.18%	1.51%	0.83%	1.24%	0.84%	0.79%	0.67%
MET	2.75%	3.12%	2.74%	3.04%	3.88%	3.41%	4.04%	0.80%	0.01%	0.01%	0.01%	0.01%
MA	0.53%	0.53%	0.56%	0.49%	0.45%	0.44%	0.53%	0.58%	0.74%	0.66%	0.51%	0.25%
JPM	1.96%	2.38%	2.98%	2.34%	2.83%	2.37%	2.54%	1.91%	2.13%	2.54%	2.49%	2.33%
AMP Ameriprise Financial, Inc.	1.26%	1.40%	1.57%	1.47%	2.10%	2.29%	3.38%	1.91%	2.63%	2.43%	1.71%	1.75%
DIS The Walt Disney Company	0.83%	0.33%	0.00%	0.00%	0.00%	1.22%	1.57%	1.51%	1.43%	1.30%	1.22%	1.13%
VZ	6.37%	6.96%	6.53%	4.85%	4.21%	3.95%	4.22%	4.39%	4.26%	4.79%	4.57%	4.22%
STZ	1.58%	1.44%	1.36%	1.21%	1.37%	1.58%	1.70%	0.86%	0.98%	0.65%	0.00%	0.00%
CVX Chevron Corporation	4.33%	4.05%	3.16%	4.52%	6.11%	3.95%	4.12%	3.45%	3.64%	4.76%	3.75%	3.12%
VLO	2.88%	3.14%	3.09%	5.22%	6.93%	3.84%	4.27%	3.05%	3.51%	2.40%	2.12%	1.30%
DRI Darden Restaurants, Inc.	3.37%	3.07%	3.34%	2.29%	0.99%	2.99%	2.76%	2.48%	2.92%	0.08%	0.09%	0.10%
REGN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LKQ	2.89%	2.35%	1.92%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
URI	0.86%	1.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TRV	1.78%	2.06%	1.96%	2.23%	2.40%	2.36%	2.53%	2.09%	2.14%	2.11%	2.03%	2.16%
PWR	0.13%	0.15%	0.25%	0.16%	0.29%	0.42%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%
MCK	0.46%	0.50%	0.54%	0.72%	0.95%	1.16%	1.32%	0.80%	0.80%	0.53%	0.46%	0.55%
BAC Bank of America Corporation	1.77%	2.73%	2.60%	1.75%	2.38%	1.87%	2.19%	1.32%	1.13%	1.19%	0.67%	0.26%
TSN	3.05%	3.59%	2.99%	2.06%	2.65%	2.11%	2.39%	1.48%	1.09%	0.84%	0.81%	0.67%
DHR Danaher Corporation	0.39%	0.43%	0.38%	0.26%	0.32%	0.44%	0.62%	0.60%	36.46%	0.80%	0.47%	0.13%
WAB	0.45%	0.54%	0.60%	0.52%	0.66%	0.62%	0.68%	0.54%	0.43%	0.39%	0.23%	0.18%
UNP	2.05%	2.12%	2.45%	1.70%	1.86%	2.05%	2.21%	1.85%	2.17%	2.81%	1.60%	1.76%
COP ConocoPhillips Company	2.41%	3.34%	4.20%	2.69%	4.23%	2.05%	1.86%	1.93%	1.99%	6.30%	4.11%	3.82%
TMO	0.24%	0.26%	0.22%	0.16%	0.19%	0.23%	0.30%	0.32%	0.43%	0.42%	0.48%	0.54%
MRK	2.57%	2.72%	2.52%	3.41%	3.03%	2.48%	2.60%	3.36%	3.14%	3.42%	3.11%	3.45%
SYK	0.87%	1.02%	1.16%	0.97%	0.96%	1.02%	1.23%	1.13%	1.31%	1.52%	1.34%	1.46%
CMI Cummins Inc.	2.19%	2.71%	2.49%	2.57%	2.33%	2.74%	3.32%	2.38%	2.93%	3.99%	1.95%	1.60%
TGT	2.88%	3.06%	2.66%	1.37%	1.52%	2.03%	3.81%	3.74%	3.21%	2.97%	2.50%	2.50%
PFE	5.76%	5.70%	3.12%	2.64%	3.91%	3.68%	3.12%	3.53%	3.69%	3.47%	3.34%	3.13%
CVS CVS Health Corporation	4.54%	3.06%	2.36%	1.94%	2.93%	2.69%	3.05%	2.76%	2.15%	1.43%	1.14%	1.26%
CE Celanese Corporation	2.14%	1.80%	2.68%	1.62%	1.91%	1.95%	2.31%	1.62%	1.75%	1.71%	1.55%	0.95%
CF CF Industries Holdings, Inc.	2.29%	2.01%	1.76%	1.70%	3.10%	2.51%	2.76%	2.82%	3.81%	2.94%	1.83%	0.94%
WBA	13.30%	7.35%	5.13%	3.62%	4.64%	3.04%	2.46%	2.13%	1.78%	1.64%	1.71%	2.05%
PEG	2.90%	3.73%	3.53%	3.06%	3.36%	3.18%	3.46%	3.34%	3.74%	4.03%	3.57%	4.49%
DTE DTE Energy Company	3.21%	3.52%	3.07%	2.98%	3.39%	2.96%	3.26%	3.07%	3.10%	3.54%	3.11%	3.89%

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.

APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight. 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 APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight was 36.94%, occurring on Mar 23, 2020. Recovery took 108 trading sessions.

The current APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight drawdown is 0.34%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-36.94%	Feb 13, 2020	27	Mar 23, 2020	108	Aug 25, 2020	135
-20.58%	Jan 5, 2022	186	Sep 30, 2022	188	Jul 3, 2023	374
-20.28%	Sep 21, 2018	65	Dec 24, 2018	66	Apr 1, 2019	131
-15.88%	Dec 2, 2015	49	Feb 11, 2016	45	Apr 18, 2016	94
-12.25%	Jun 24, 2015	44	Aug 25, 2015	49	Nov 3, 2015	93

Volatility

Volatility Chart

The current APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight volatility is 5.95%, 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.

APPLIED FINANCE CAPITAL MANAGEMENT 13F. 1% min weight

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.

	DTE	PEG	REGN	VZ	MRK	TSN	CF	META	PFE	MCK	TGT	VLO	DRI	STZ	DHI	AAPL	COP	CVS	WBA	ADBE	GOOGL	CVX	TRV	INTC	LOW	KLAC	TMO	HST	DIS	DHR	SYK	HPQ	PWR	LKQ	APTV	MCHP	IBM	CSCO	CMI	ROP	WAB	MA	UNP	CE	URI	BAC	JPM	MET	AMP
DTE	1.00	0.73	0.15	0.39	0.28	0.32	0.14	0.12	0.30	0.22	0.22	0.19	0.24	0.32	0.24	0.14	0.20	0.29	0.28	0.16	0.19	0.26	0.38	0.18	0.24	0.12	0.24	0.27	0.25	0.27	0.35	0.18	0.22	0.25	0.18	0.15	0.30	0.25	0.22	0.29	0.24	0.25	0.31	0.23	0.18	0.17	0.22	0.24	0.25
PEG	0.73	1.00	0.14	0.37	0.29	0.30	0.13	0.12	0.27	0.23	0.25	0.18	0.24	0.31	0.23	0.16	0.21	0.28	0.26	0.18	0.20	0.25	0.35	0.21	0.26	0.15	0.25	0.28	0.26	0.29	0.34	0.21	0.25	0.26	0.19	0.18	0.30	0.27	0.25	0.30	0.26	0.26	0.30	0.23	0.20	0.20	0.24	0.25	0.27
REGN	0.15	0.14	1.00	0.18	0.36	0.17	0.18	0.31	0.36	0.32	0.21	0.17	0.16	0.24	0.24	0.29	0.17	0.27	0.27	0.36	0.34	0.18	0.23	0.25	0.29	0.29	0.40	0.21	0.24	0.36	0.32	0.24	0.24	0.25	0.23	0.28	0.27	0.32	0.23	0.30	0.24	0.31	0.25	0.24	0.26	0.24	0.22	0.23	0.30
VZ	0.39	0.37	0.18	1.00	0.36	0.32	0.17	0.13	0.34	0.25	0.27	0.20	0.24	0.28	0.23	0.17	0.23	0.36	0.33	0.17	0.20	0.30	0.37	0.24	0.27	0.16	0.28	0.26	0.31	0.30	0.31	0.26	0.22	0.26	0.22	0.20	0.40	0.32	0.27	0.29	0.25	0.26	0.30	0.27	0.24	0.28	0.32	0.31	0.31
MRK	0.28	0.29	0.36	0.36	1.00	0.23	0.18	0.19	0.52	0.40	0.22	0.20	0.19	0.26	0.20	0.20	0.24	0.36	0.30	0.25	0.25	0.29	0.36	0.23	0.24	0.20	0.42	0.22	0.24	0.38	0.38	0.22	0.22	0.23	0.19	0.19	0.34	0.32	0.26	0.35	0.25	0.32	0.29	0.24	0.21	0.25	0.30	0.28	0.32
TSN	0.32	0.30	0.17	0.32	0.23	1.00	0.22	0.15	0.26	0.22	0.28	0.25	0.27	0.33	0.25	0.18	0.24	0.31	0.32	0.21	0.20	0.30	0.33	0.26	0.31	0.23	0.26	0.32	0.29	0.26	0.29	0.28	0.26	0.31	0.28	0.26	0.33	0.29	0.31	0.28	0.29	0.27	0.28	0.34	0.28	0.31	0.32	0.35	0.35
CF	0.14	0.13	0.18	0.17	0.18	0.22	1.00	0.17	0.20	0.24	0.20	0.39	0.24	0.24	0.21	0.20	0.45	0.26	0.25	0.20	0.21	0.42	0.27	0.24	0.24	0.24	0.22	0.33	0.28	0.23	0.23	0.33	0.36	0.31	0.33	0.30	0.32	0.31	0.36	0.26	0.36	0.25	0.36	0.41	0.40	0.38	0.35	0.40	0.39
META	0.12	0.12	0.31	0.13	0.19	0.15	0.17	1.00	0.20	0.21	0.20	0.19	0.23	0.27	0.30	0.45	0.16	0.17	0.22	0.52	0.60	0.19	0.19	0.39	0.30	0.42	0.36	0.28	0.35	0.35	0.35	0.31	0.29	0.29	0.34	0.40	0.26	0.35	0.26	0.34	0.28	0.43	0.25	0.29	0.31	0.29	0.30	0.26	0.34
PFE	0.30	0.27	0.36	0.34	0.52	0.26	0.20	0.20	1.00	0.36	0.24	0.22	0.22	0.28	0.21	0.24	0.24	0.43	0.38	0.28	0.28	0.29	0.34	0.28	0.27	0.23	0.43	0.25	0.28	0.43	0.37	0.28	0.24	0.24	0.26	0.25	0.36	0.37	0.29	0.34	0.28	0.33	0.32	0.29	0.25	0.30	0.34	0.33	0.34
MCK	0.22	0.23	0.32	0.25	0.40	0.22	0.24	0.21	0.36	1.00	0.25	0.27	0.25	0.30	0.25	0.22	0.27	0.49	0.38	0.25	0.27	0.29	0.34	0.24	0.29	0.24	0.34	0.27	0.28	0.32	0.37	0.30	0.30	0.31	0.26	0.23	0.37	0.32	0.30	0.33	0.34	0.32	0.33	0.29	0.31	0.32	0.35	0.37	0.40
TGT	0.22	0.25	0.21	0.27	0.22	0.28	0.20	0.20	0.24	0.25	1.00	0.22	0.33	0.29	0.32	0.25	0.24	0.33	0.37	0.29	0.27	0.29	0.30	0.31	0.46	0.29	0.32	0.32	0.33	0.32	0.28	0.32	0.33	0.40	0.35	0.32	0.32	0.33	0.34	0.33	0.33	0.31	0.34	0.32	0.34	0.35	0.34	0.36	0.38
VLO	0.19	0.18	0.17	0.20	0.20	0.25	0.39	0.19	0.22	0.27	0.22	1.00	0.28	0.28	0.24	0.21	0.53	0.28	0.28	0.23	0.28	0.56	0.33	0.30	0.26	0.29	0.22	0.37	0.32	0.21	0.27	0.35	0.37	0.34	0.37	0.32	0.36	0.32	0.39	0.29	0.39	0.33	0.37	0.41	0.42	0.44	0.43	0.45	0.45
DRI	0.24	0.24	0.16	0.24	0.19	0.27	0.24	0.23	0.22	0.25	0.33	0.28	1.00	0.32	0.33	0.26	0.24	0.29	0.30	0.29	0.30	0.26	0.35	0.30	0.38	0.30	0.26	0.42	0.40	0.27	0.37	0.35	0.33	0.42	0.38	0.35	0.36	0.34	0.34	0.33	0.39	0.37	0.36	0.35	0.36	0.37	0.39	0.40	0.43
STZ	0.32	0.31	0.24	0.28	0.26	0.33	0.24	0.27	0.28	0.30	0.29	0.28	0.32	1.00	0.32	0.30	0.25	0.36	0.34	0.33	0.33	0.29	0.37	0.30	0.35	0.31	0.32	0.33	0.35	0.34	0.38	0.30	0.33	0.37	0.35	0.31	0.35	0.34	0.32	0.37	0.35	0.39	0.34	0.34	0.34	0.33	0.35	0.36	0.40
DHI	0.24	0.23	0.24	0.23	0.20	0.25	0.21	0.30	0.21	0.25	0.32	0.24	0.33	0.32	1.00	0.32	0.22	0.26	0.28	0.35	0.35	0.25	0.32	0.34	0.51	0.38	0.37	0.35	0.35	0.37	0.36	0.33	0.42	0.41	0.39	0.38	0.32	0.32	0.36	0.39	0.36	0.37	0.36	0.38	0.42	0.31	0.32	0.34	0.41
AAPL	0.14	0.16	0.29	0.17	0.20	0.18	0.20	0.45	0.24	0.22	0.25	0.21	0.26	0.30	0.32	1.00	0.23	0.24	0.28	0.50	0.54	0.25	0.25	0.45	0.35	0.49	0.40	0.30	0.35	0.40	0.37	0.40	0.33	0.33	0.37	0.48	0.35	0.46	0.32	0.40	0.31	0.46	0.34	0.34	0.35	0.31	0.33	0.31	0.39
COP	0.20	0.21	0.17	0.23	0.24	0.24	0.45	0.16	0.24	0.27	0.24	0.53	0.24	0.25	0.22	0.23	1.00	0.29	0.29	0.23	0.25	0.78	0.35	0.31	0.26	0.26	0.23	0.39	0.32	0.24	0.26	0.37	0.42	0.35	0.37	0.32	0.37	0.33	0.43	0.32	0.42	0.32	0.42	0.46	0.46	0.45	0.45	0.48	0.47
CVS	0.29	0.28	0.27	0.36	0.36	0.31	0.26	0.17	0.43	0.49	0.33	0.28	0.29	0.36	0.26	0.24	0.29	1.00	0.56	0.22	0.27	0.33	0.41	0.26	0.36	0.23	0.34	0.34	0.35	0.35	0.37	0.31	0.30	0.35	0.31	0.27	0.39	0.36	0.34	0.33	0.35	0.33	0.36	0.33	0.31	0.40	0.41	0.42	0.41
WBA	0.28	0.26	0.27	0.33	0.30	0.32	0.25	0.22	0.38	0.38	0.37	0.28	0.30	0.34	0.28	0.28	0.29	0.56	1.00	0.27	0.30	0.34	0.36	0.33	0.36	0.30	0.34	0.36	0.37	0.32	0.34	0.35	0.32	0.38	0.36	0.34	0.40	0.39	0.38	0.34	0.39	0.32	0.38	0.37	0.36	0.38	0.39	0.41	0.42
ADBE	0.16	0.18	0.36	0.17	0.25	0.21	0.20	0.52	0.28	0.25	0.29	0.23	0.29	0.33	0.35	0.50	0.23	0.22	0.27	1.00	0.60	0.24	0.26	0.48	0.40	0.54	0.50	0.31	0.41	0.48	0.46	0.40	0.35	0.34	0.40	0.52	0.38	0.50	0.31	0.49	0.34	0.57	0.36	0.35	0.37	0.32	0.32	0.32	0.42
GOOGL	0.19	0.20	0.34	0.20	0.25	0.20	0.21	0.60	0.28	0.27	0.27	0.28	0.30	0.33	0.35	0.54	0.25	0.27	0.30	0.60	1.00	0.28	0.27	0.45	0.38	0.48	0.45	0.33	0.42	0.44	0.43	0.37	0.34	0.38	0.42	0.48	0.39	0.46	0.32	0.45	0.34	0.54	0.35	0.35	0.36	0.36	0.37	0.35	0.43
CVX	0.26	0.25	0.18	0.30	0.29	0.30	0.42	0.19	0.29	0.29	0.29	0.56	0.26	0.29	0.25	0.25	0.78	0.33	0.34	0.24	0.28	1.00	0.42	0.35	0.29	0.31	0.27	0.40	0.35	0.29	0.31	0.40	0.44	0.38	0.39	0.35	0.43	0.38	0.45	0.36	0.43	0.36	0.45	0.48	0.47	0.47	0.49	0.51	0.50
TRV	0.38	0.35	0.23	0.37	0.36	0.33	0.27	0.19	0.34	0.34	0.30	0.33	0.35	0.37	0.32	0.25	0.35	0.41	0.36	0.26	0.27	0.42	1.00	0.30	0.37	0.27	0.34	0.38	0.39	0.35	0.40	0.35	0.37	0.41	0.34	0.28	0.46	0.38	0.43	0.43	0.41	0.39	0.44	0.41	0.38	0.50	0.55	0.57	0.54
INTC	0.18	0.21	0.25	0.24	0.23	0.26	0.24	0.39	0.28	0.24	0.31	0.30	0.30	0.30	0.34	0.45	0.31	0.26	0.33	0.48	0.45	0.35	0.30	1.00	0.36	0.59	0.42	0.38	0.40	0.40	0.42	0.49	0.38	0.37	0.44	0.64	0.45	0.52	0.39	0.42	0.38	0.45	0.39	0.43	0.40	0.40	0.41	0.39	0.45
LOW	0.24	0.26	0.29	0.27	0.24	0.31	0.24	0.30	0.27	0.29	0.46	0.26	0.38	0.35	0.51	0.35	0.26	0.36	0.36	0.40	0.38	0.29	0.37	0.36	1.00	0.40	0.41	0.37	0.40	0.42	0.38	0.38	0.43	0.47	0.44	0.42	0.39	0.43	0.41	0.45	0.42	0.43	0.44	0.41	0.46	0.41	0.41	0.41	0.48
KLAC	0.12	0.15	0.29	0.16	0.20	0.23	0.24	0.42	0.23	0.24	0.29	0.29	0.30	0.31	0.38	0.49	0.26	0.23	0.30	0.54	0.48	0.31	0.27	0.59	0.40	1.00	0.44	0.39	0.39	0.44	0.41	0.48	0.44	0.40	0.47	0.72	0.41	0.48	0.43	0.45	0.42	0.49	0.40	0.43	0.46	0.38	0.40	0.39	0.50
TMO	0.24	0.25	0.40	0.28	0.42	0.26	0.22	0.36	0.43	0.34	0.32	0.22	0.26	0.32	0.37	0.40	0.23	0.34	0.34	0.50	0.45	0.27	0.34	0.42	0.41	0.44	1.00	0.31	0.37	0.72	0.53	0.37	0.37	0.36	0.40	0.45	0.39	0.47	0.38	0.53	0.36	0.49	0.42	0.39	0.37	0.36	0.38	0.39	0.45
HST	0.27	0.28	0.21	0.26	0.22	0.32	0.33	0.28	0.25	0.27	0.32	0.37	0.42	0.33	0.35	0.30	0.39	0.34	0.36	0.31	0.33	0.40	0.38	0.38	0.37	0.39	0.31	1.00	0.46	0.32	0.38	0.43	0.44	0.49	0.47	0.42	0.40	0.40	0.46	0.38	0.50	0.41	0.45	0.49	0.50	0.49	0.49	0.50	0.54
DIS	0.25	0.26	0.24	0.31	0.24	0.29	0.28	0.35	0.28	0.28	0.33	0.32	0.40	0.35	0.35	0.35	0.32	0.35	0.37	0.41	0.42	0.35	0.39	0.40	0.40	0.39	0.37	0.46	1.00	0.39	0.42	0.39	0.38	0.45	0.47	0.41	0.40	0.45	0.41	0.42	0.43	0.48	0.41	0.43	0.45	0.46	0.47	0.46	0.52
DHR	0.27	0.29	0.36	0.30	0.38	0.26	0.23	0.35	0.43	0.32	0.32	0.21	0.27	0.34	0.37	0.40	0.24	0.35	0.32	0.48	0.44	0.29	0.35	0.40	0.42	0.44	0.72	0.32	0.39	1.00	0.52	0.37	0.39	0.37	0.40	0.46	0.39	0.46	0.40	0.56	0.39	0.50	0.43	0.41	0.38	0.36	0.38	0.38	0.45
SYK	0.35	0.34	0.32	0.31	0.38	0.29	0.23	0.35	0.37	0.37	0.28	0.27	0.37	0.38	0.36	0.37	0.26	0.37	0.34	0.46	0.43	0.31	0.40	0.42	0.38	0.41	0.53	0.38	0.42	0.52	1.00	0.39	0.38	0.38	0.38	0.42	0.41	0.45	0.36	0.48	0.40	0.52	0.42	0.37	0.37	0.36	0.40	0.39	0.46
HPQ	0.18	0.21	0.24	0.26	0.22	0.28	0.33	0.31	0.28	0.30	0.32	0.35	0.35	0.30	0.33	0.40	0.37	0.31	0.35	0.40	0.37	0.40	0.35	0.49	0.38	0.48	0.37	0.43	0.39	0.37	0.39	1.00	0.44	0.41	0.47	0.53	0.51	0.51	0.47	0.41	0.44	0.44	0.42	0.48	0.47	0.47	0.46	0.48	0.53
PWR	0.22	0.25	0.24	0.22	0.22	0.26	0.36	0.29	0.24	0.30	0.33	0.37	0.33	0.33	0.42	0.33	0.42	0.30	0.32	0.35	0.34	0.44	0.37	0.38	0.43	0.44	0.37	0.44	0.38	0.39	0.38	0.44	1.00	0.49	0.49	0.47	0.42	0.40	0.53	0.47	0.56	0.40	0.50	0.51	0.61	0.48	0.49	0.51	0.56
LKQ	0.25	0.26	0.25	0.26	0.23	0.31	0.31	0.29	0.24	0.31	0.40	0.34	0.42	0.37	0.41	0.33	0.35	0.35	0.38	0.34	0.38	0.38	0.41	0.37	0.47	0.40	0.36	0.49	0.45	0.37	0.38	0.41	0.49	1.00	0.54	0.45	0.43	0.42	0.50	0.45	0.52	0.43	0.48	0.51	0.54	0.50	0.50	0.54	0.56
APTV	0.18	0.19	0.23	0.22	0.19	0.28	0.33	0.34	0.26	0.26	0.35	0.37	0.38	0.35	0.39	0.37	0.37	0.31	0.36	0.40	0.42	0.39	0.34	0.44	0.44	0.47	0.40	0.47	0.47	0.40	0.38	0.47	0.49	0.54	1.00	0.53	0.42	0.43	0.52	0.42	0.50	0.45	0.48	0.53	0.55	0.51	0.49	0.51	0.56
MCHP	0.15	0.18	0.28	0.20	0.19	0.26	0.30	0.40	0.25	0.23	0.32	0.32	0.35	0.31	0.38	0.48	0.32	0.27	0.34	0.52	0.48	0.35	0.28	0.64	0.42	0.72	0.45	0.42	0.41	0.46	0.42	0.53	0.47	0.45	0.53	1.00	0.44	0.51	0.46	0.47	0.45	0.49	0.44	0.50	0.51	0.44	0.44	0.44	0.53
IBM	0.30	0.30	0.27	0.40	0.34	0.33	0.32	0.26	0.36	0.37	0.32	0.36	0.36	0.35	0.32	0.35	0.37	0.39	0.40	0.38	0.39	0.43	0.46	0.45	0.39	0.41	0.39	0.40	0.40	0.39	0.41	0.51	0.42	0.43	0.42	0.44	1.00	0.53	0.48	0.48	0.45	0.48	0.47	0.47	0.45	0.46	0.49	0.51	0.53
CSCO	0.25	0.27	0.32	0.32	0.32	0.29	0.31	0.35	0.37	0.32	0.33	0.32	0.34	0.34	0.32	0.46	0.33	0.36	0.39	0.50	0.46	0.38	0.38	0.52	0.43	0.48	0.47	0.40	0.45	0.46	0.45	0.51	0.40	0.42	0.43	0.51	0.53	1.00	0.43	0.50	0.41	0.50	0.46	0.43	0.41	0.44	0.46	0.46	0.51
CMI	0.22	0.25	0.23	0.27	0.26	0.31	0.36	0.26	0.29	0.30	0.34	0.39	0.34	0.32	0.36	0.32	0.43	0.34	0.38	0.31	0.32	0.45	0.43	0.39	0.41	0.43	0.38	0.46	0.41	0.40	0.36	0.47	0.53	0.50	0.52	0.46	0.48	0.43	1.00	0.48	0.59	0.42	0.53	0.59	0.62	0.53	0.54	0.59	0.59
ROP	0.29	0.30	0.30	0.29	0.35	0.28	0.26	0.34	0.34	0.33	0.33	0.29	0.33	0.37	0.39	0.40	0.32	0.33	0.34	0.49	0.45	0.36	0.43	0.42	0.45	0.45	0.53	0.38	0.42	0.56	0.48	0.41	0.47	0.45	0.42	0.47	0.48	0.50	0.48	1.00	0.49	0.53	0.52	0.46	0.46	0.41	0.46	0.45	0.52
WAB	0.24	0.26	0.24	0.25	0.25	0.29	0.36	0.28	0.28	0.34	0.33	0.39	0.39	0.35	0.36	0.31	0.42	0.35	0.39	0.34	0.34	0.43	0.41	0.38	0.42	0.42	0.36	0.50	0.43	0.39	0.40	0.44	0.56	0.52	0.50	0.45	0.45	0.41	0.59	0.49	1.00	0.44	0.55	0.55	0.61	0.53	0.54	0.56	0.58
MA	0.25	0.26	0.31	0.26	0.32	0.27	0.25	0.43	0.33	0.32	0.31	0.33	0.37	0.39	0.37	0.46	0.32	0.33	0.32	0.57	0.54	0.36	0.39	0.45	0.43	0.49	0.49	0.41	0.48	0.50	0.52	0.44	0.40	0.43	0.45	0.49	0.48	0.50	0.42	0.53	0.44	1.00	0.47	0.44	0.43	0.43	0.47	0.46	0.54
UNP	0.31	0.30	0.25	0.30	0.29	0.28	0.36	0.25	0.32	0.33	0.34	0.37	0.36	0.34	0.36	0.34	0.42	0.36	0.38	0.36	0.35	0.45	0.44	0.39	0.44	0.40	0.42	0.45	0.41	0.43	0.42	0.42	0.50	0.48	0.48	0.44	0.47	0.46	0.53	0.52	0.55	0.47	1.00	0.54	0.54	0.51	0.52	0.53	0.57
CE	0.23	0.23	0.24	0.27	0.24	0.34	0.41	0.29	0.29	0.29	0.32	0.41	0.35	0.34	0.38	0.34	0.46	0.33	0.37	0.35	0.35	0.48	0.41	0.43	0.41	0.43	0.39	0.49	0.43	0.41	0.37	0.48	0.51	0.51	0.53	0.50	0.47	0.43	0.59	0.46	0.55	0.44	0.54	1.00	0.59	0.55	0.54	0.58	0.60
URI	0.18	0.20	0.26	0.24	0.21	0.28	0.40	0.31	0.25	0.31	0.34	0.42	0.36	0.34	0.42	0.35	0.46	0.31	0.36	0.37	0.36	0.47	0.38	0.40	0.46	0.46	0.37	0.50	0.45	0.38	0.37	0.47	0.61	0.54	0.55	0.51	0.45	0.41	0.62	0.46	0.61	0.43	0.54	0.59	1.00	0.55	0.54	0.57	0.61
BAC	0.17	0.20	0.24	0.28	0.25	0.31	0.38	0.29	0.30	0.32	0.35	0.44	0.37	0.33	0.31	0.31	0.45	0.40	0.38	0.32	0.36	0.47	0.50	0.40	0.41	0.38	0.36	0.49	0.46	0.36	0.36	0.47	0.48	0.50	0.51	0.44	0.46	0.44	0.53	0.41	0.53	0.43	0.51	0.55	0.55	1.00	0.84	0.75	0.72
JPM	0.22	0.24	0.22	0.32	0.30	0.32	0.35	0.30	0.34	0.35	0.34	0.43	0.39	0.35	0.32	0.33	0.45	0.41	0.39	0.32	0.37	0.49	0.55	0.41	0.41	0.40	0.38	0.49	0.47	0.38	0.40	0.46	0.49	0.50	0.49	0.44	0.49	0.46	0.54	0.46	0.54	0.47	0.52	0.54	0.54	0.84	1.00	0.74	0.72
MET	0.24	0.25	0.23	0.31	0.28	0.35	0.40	0.26	0.33	0.37	0.36	0.45	0.40	0.36	0.34	0.31	0.48	0.42	0.41	0.32	0.35	0.51	0.57	0.39	0.41	0.39	0.39	0.50	0.46	0.38	0.39	0.48	0.51	0.54	0.51	0.44	0.51	0.46	0.59	0.45	0.56	0.46	0.53	0.58	0.57	0.75	0.74	1.00	0.76
AMP	0.25	0.27	0.30	0.31	0.32	0.35	0.39	0.34	0.34	0.40	0.38	0.45	0.43	0.40	0.41	0.39	0.47	0.41	0.42	0.42	0.43	0.50	0.54	0.45	0.48	0.50	0.45	0.54	0.52	0.45	0.46	0.53	0.56	0.56	0.56	0.53	0.53	0.51	0.59	0.52	0.58	0.54	0.57	0.60	0.61	0.72	0.72	0.76	1.00

The correlation results are calculated based on daily price changes starting from May 21, 2012