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Trading 212 - Portfolio
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Trading 212 - Portfolio

Last updated Apr 29, 2025

Asset Allocation

EUNA.DE 5%BRK-B 10%GERD.DE 10%0B2.DE 3%III.L 2%AIR.PA 2%ALV.DE 2%GOOGL 2%AMZN 2%AXP 2%AAPL 2%ASML.AS 2%CS.PA 2%BA.L 2%KO 2%AM.PA 2%DBK.DE 2%DTE.DE 2%JNJ 2%JPM 2%MA 2%MCD 2%META 2%MSFT 2%PEP 2%PLD 2%O 2%RMD 2%RHM.DE 2%RYAAY 2%SAF.PA 2%SAP.DE 2%SIE.DE 2%TMUS 2%HO.PA 2%V 2%WMT 2%WM 2%WELL 2%ZURN.SW 2%BondBondEquityEquity
PositionCategory/SectorTarget Weight
0B2.DE
BAWAG Group AG		Financial Services
3%
AAPL
Apple Inc		Technology
2%
AIR.PA
Airbus SE		Industrials
2%
ALV.DE
Allianz SE		Financial Services
2%
AM.PA
Dassault Aviation SA		Industrials
2%
AMZN
Amazon.com, Inc.		Consumer Cyclical
2%
ASML.AS
ASML Holding NV		Technology
2%
AXP
American Express Company		Financial Services
2%
BA.L
BAE Systems plc		Industrials
2%
BRK-B
Berkshire Hathaway Inc.		Financial Services
10%
CS.PA
AXA SA		Financial Services
2%
DBK.DE
Deutsche Bank Aktiengesellschaft		Financial Services
2%
DTE.DE
Deutsche Telekom AG		Communication Services
2%
EUNA.DE
iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc		Global Bonds
5%
GERD.DE
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc		Global Equities
10%
GOOGL
Alphabet Inc.		Communication Services
2%
HO.PA
Thales S.A.		Industrials
2%
III.L
3I Group plc		Financial Services
2%
JNJ
Johnson & Johnson		Healthcare
2%
JPM
2%
KO
2%
MA
2%
MCD
2%
META
2%
MSFT
2%
O
2%
PEP
2%
PLD
2%
RHM.DE
2%
RMD
2%
RYAAY
2%
SAF.PA
2%
SAP.DE
2%
SIE.DE
2%
TMUS
2%
V
2%
WELL
2%
WM
2%
WMT
2%
ZURN.SW
2%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Trading 212 - Portfolio, 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.

10.00%20.00%30.00%40.00%50.00%60.00%NovemberDecember2025FebruaryMarchApril
56.75%
26.64%
Trading 212 - Portfolio
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jun 21, 2023, corresponding to the inception date of GERD.DE

Returns By Period

YTD1M6M1Y5Y*10Y*
^GSPC
S&P 500		-6.00%-0.94%-5.06%8.41%13.52%10.15%
Trading 212 - Portfolio15.73%1.71%15.46%28.64%N/AN/A
Portfolio components:
BRK-B
Berkshire Hathaway Inc.		17.13%0.88%15.80%32.04%22.97%14.04%
GERD.DE
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc		2.32%-0.12%0.47%9.59%N/AN/A
EUNA.DE
iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc		10.97%6.04%6.90%12.11%-1.64%N/A
0B2.DE
BAWAG Group AG		35.29%10.78%45.48%84.29%56.54%N/A
III.L
3I Group plc		25.97%16.95%31.78%59.31%42.61%27.14%
AIR.PA
Airbus SE		5.10%-6.44%11.36%0.28%21.11%10.43%
ALV.DE
Allianz SE		33.80%7.11%28.74%52.84%21.69%14.34%
GOOGL
Alphabet Inc.		-15.06%4.07%-3.44%-6.15%19.27%19.40%
AMZN
Amazon.com, Inc.		-14.44%-2.60%-0.37%4.50%9.65%24.49%
AXP
American Express Company		-10.22%0.13%-1.85%13.71%24.20%14.77%
AAPL
Apple Inc		-15.99%-3.56%-9.77%24.71%24.76%22.06%
ASML.AS
ASML Holding NV		-4.61%-1.26%-5.21%-26.71%16.89%20.52%
CS.PA
AXA SA		31.43%7.86%22.26%36.95%26.32%11.80%
BA.L
BAE Systems plc		59.04%12.89%35.95%37.86%30.46%17.26%
KO
16.16%2.02%9.30%19.76%N/AN/A
AM.PA
Dassault Aviation SA		66.28%1.47%63.27%58.32%32.26%10.64%
DBK.DE
Deutsche Bank Aktiengesellschaft		47.65%6.45%49.20%48.86%27.40%0.12%
DTE.DE
Deutsche Telekom AG		20.51%-1.94%18.63%55.08%22.95%11.32%
JNJ
Johnson & Johnson		8.28%-5.11%-2.32%9.71%3.55%7.45%
JPM
2.62%0.77%9.08%28.62%N/AN/A
MA
1.82%-0.98%5.50%16.27%N/AN/A
MCD
9.92%3.17%8.01%18.84%N/AN/A
META
-6.03%-4.68%-4.75%24.47%N/AN/A
MSFT
-7.01%3.26%-7.94%-3.00%N/AN/A
PEP
-11.26%-10.39%-19.87%-21.28%N/AN/A
PLD
-1.38%-6.46%-10.75%2.68%N/AN/A
O
9.24%1.58%-3.94%12.69%N/AN/A
RMD
2.61%6.46%-4.72%8.35%N/AN/A
RHM.DE
138.89%7.73%188.12%175.50%N/AN/A
RYAAY
6.75%5.96%2.43%-14.99%N/AN/A
SAF.PA
20.15%-0.82%15.43%19.49%N/AN/A
SAP.DE
15.41%6.23%17.87%54.47%N/AN/A
SIE.DE
21.98%0.02%21.75%26.03%N/AN/A
TMUS
7.63%-10.63%4.66%46.44%N/AN/A
HO.PA
Thales S.A.		85.95%-0.03%63.45%60.71%28.30%17.65%
V
6.97%-1.56%19.19%23.87%N/AN/A
WMT
5.68%11.83%15.64%60.07%N/AN/A
WM
13.95%0.51%10.78%10.61%N/AN/A
WELL
18.79%-2.85%15.23%61.39%N/AN/A
ZURN.SW
22.51%3.47%20.79%51.76%N/AN/A
*Annualized

Monthly Returns

The table below presents the monthly returns of Trading 212 - Portfolio, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20256.51%4.89%1.87%1.70%15.73%
20242.39%5.04%4.70%-2.96%3.90%-0.80%3.51%5.13%1.00%-1.63%3.94%-2.64%23.23%
20231.01%2.12%-2.09%-3.76%-0.84%9.17%4.45%9.91%

Expense Ratio

Trading 212 - Portfolio has an expense ratio of 0.06%, 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.

GERD.DE
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc
Expense ratio chart for GERD.DE: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GERD.DE: 0.50%
EUNA.DE
iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc
Expense ratio chart for EUNA.DE: current value is 0.10%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EUNA.DE: 0.10%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 97, Trading 212 - Portfolio is among the top 3% 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.

The Risk-Adjusted Performance Rank of Trading 212 - Portfolio is 9797
Overall Rank
The Sharpe Ratio Rank of Trading 212 - Portfolio is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of Trading 212 - Portfolio is 9696
Sortino Ratio Rank
The Omega Ratio Rank of Trading 212 - Portfolio is 9797
Omega Ratio Rank
The Calmar Ratio Rank of Trading 212 - Portfolio is 9696
Calmar Ratio Rank
The Martin Ratio Rank of Trading 212 - Portfolio is 9898
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.

The chart of Sharpe ratio for Portfolio, currently valued at 2.17, compared to the broader market-4.00-2.000.002.00
Portfolio: 2.17
^GSPC: 0.46
The chart of Sortino ratio for Portfolio, currently valued at 2.79, compared to the broader market-6.00-4.00-2.000.002.004.00
Portfolio: 2.79
^GSPC: 0.78
The chart of Omega ratio for Portfolio, currently valued at 1.43, compared to the broader market0.400.600.801.001.201.401.60
Portfolio: 1.43
^GSPC: 1.11
The chart of Calmar ratio for Portfolio, currently valued at 2.65, compared to the broader market0.002.004.006.00
Portfolio: 2.65
^GSPC: 0.48
The chart of Martin ratio for Portfolio, currently valued at 14.55, compared to the broader market0.005.0010.0015.0020.00
Portfolio: 14.55
^GSPC: 1.94
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
BRK-B
Berkshire Hathaway Inc.		1.662.301.343.548.99
GERD.DE
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc		0.490.771.110.532.52
EUNA.DE
iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc		1.151.831.210.972.16
0B2.DE
BAWAG Group AG		2.733.311.484.5020.45
III.L
3I Group plc		2.042.651.373.2413.22
AIR.PA
Airbus SE		-0.010.211.03-0.01-0.01
ALV.DE
Allianz SE		2.342.961.434.1011.32
GOOGL
Alphabet Inc.		-0.130.021.00-0.13-0.31
AMZN
Amazon.com, Inc.		-0.020.211.03-0.02-0.05
AXP
American Express Company		0.460.841.120.501.68
AAPL
Apple Inc		0.510.921.130.491.81
ASML.AS
ASML Holding NV		-0.61-0.640.92-0.58-0.92
CS.PA
AXA SA		1.471.941.282.154.82
BA.L
BAE Systems plc		1.071.811.241.723.80
KO
1.141.691.211.202.60
AM.PA
Dassault Aviation SA		1.702.691.362.556.09
DBK.DE
Deutsche Bank Aktiengesellschaft		1.542.131.302.579.30
DTE.DE
Deutsche Telekom AG		2.723.501.506.0020.43
JNJ
Johnson & Johnson		0.430.691.100.541.24
JPM
1.041.561.231.214.22
MA
0.951.381.211.174.95
MCD
1.031.511.201.193.77
META
0.520.971.130.541.81
MSFT
-0.19-0.110.99-0.20-0.44
PEP
-1.10-1.470.82-0.81-1.82
PLD
0.070.301.040.070.19
O
0.470.771.100.450.93
RMD
0.260.591.080.441.08
RHM.DE
3.584.291.589.1121.52
RYAAY
-0.43-0.370.95-0.44-1.15
SAF.PA
0.691.081.150.912.91
SAP.DE
1.922.791.352.7811.86
SIE.DE
0.711.211.150.902.83
TMUS
1.832.181.373.269.64
HO.PA
Thales S.A.		1.592.521.342.294.41
V
1.141.601.241.655.58
WMT
2.463.321.472.779.45
WM
0.520.821.120.871.95
WELL
2.763.591.484.4113.47
ZURN.SW
2.453.201.513.9715.73

The current Trading 212 - Portfolio Sharpe ratio is 2.17. 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 0.39 to 0.89, this portfolio's current Sharpe ratio is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.

Use the chart below to compare the Sharpe ratio of Trading 212 - Portfolio 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.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
2.17
0.46
Trading 212 - Portfolio
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Trading 212 - Portfolio provided a 1.57% dividend yield over the last twelve months.

TTM20242023202220212020201920182017201620152014
Portfolio1.57%1.70%1.66%1.69%1.34%1.53%1.51%1.70%1.48%1.59%1.73%1.61%
Portfolio components:
BRK-B
Berkshire Hathaway 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%
GERD.DE
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EUNA.DE
iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
0B2.DE
BAWAG Group AG		5.92%6.21%7.69%6.11%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
III.L
3I Group plc		1.56%1.82%2.32%3.76%2.78%3.02%3.42%2.97%2.03%1.90%1.68%1.80%
AIR.PA
Airbus SE		2.08%1.81%1.29%1.35%0.00%0.00%1.26%1.79%1.63%2.07%1.94%1.81%
ALV.DE
Allianz SE		3.82%4.66%4.71%5.38%4.62%4.78%4.12%4.57%3.97%4.65%4.19%3.86%
GOOGL
Alphabet Inc.		0.50%0.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
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%
AXP
American Express Company		1.10%0.91%1.24%1.35%1.05%1.42%1.29%1.51%1.32%1.61%1.58%1.05%
AAPL
Apple Inc		0.48%0.40%0.49%0.70%0.49%0.61%1.04%1.79%1.45%1.93%1.93%1.67%
ASML.AS
ASML Holding NV		1.09%0.92%0.87%1.28%0.47%0.64%1.19%1.02%0.83%0.98%0.85%0.68%
CS.PA
AXA SA		4.84%5.77%5.76%5.91%5.46%3.74%5.34%6.68%4.69%4.59%3.77%4.22%
BA.L
BAE Systems plc		1.96%2.69%2.53%2.99%4.40%7.57%4.00%4.79%3.75%3.57%4.14%4.30%
KO
2.74%3.12%3.12%2.77%2.84%2.99%2.89%3.29%3.23%3.38%3.07%2.89%
AM.PA
Dassault Aviation SA		1.13%1.71%1.67%1.57%1.29%0.00%1.81%1.26%0.93%1.14%0.87%0.84%
DBK.DE
Deutsche Bank Aktiengesellschaft		2.01%2.70%2.43%1.89%0.00%0.00%1.59%1.58%1.20%0.00%3.33%2.86%
DTE.DE
Deutsche Telekom AG		2.92%2.67%3.22%3.43%3.68%8.02%4.80%4.39%4.06%3.36%3.00%3.77%
JNJ
Johnson & Johnson		3.19%3.40%3.00%2.52%2.45%2.53%2.57%2.74%2.38%2.73%2.87%2.64%
JPM
2.08%1.92%2.38%2.98%2.34%2.83%2.37%2.54%1.91%2.13%2.54%2.49%
MA
0.53%0.50%0.53%0.56%0.49%0.45%0.44%0.53%0.58%0.74%0.66%0.51%
MCD
2.17%2.34%2.10%2.15%1.96%2.35%2.39%2.36%2.23%2.97%2.91%3.50%
META
0.37%0.34%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MSFT
0.81%0.73%0.74%1.06%0.68%0.94%1.20%1.69%1.86%2.37%2.33%2.48%
PEP
4.07%3.52%2.92%2.51%2.45%2.71%2.77%3.25%2.64%2.83%2.76%2.68%
PLD
3.77%3.63%2.61%2.80%1.50%2.33%2.38%3.27%2.73%3.18%3.54%3.07%
O
5.53%5.37%5.33%4.68%6.95%4.65%3.69%4.19%4.45%4.19%4.42%4.59%
RMD
0.88%0.88%1.07%0.83%0.62%0.73%0.98%1.26%1.61%2.03%2.16%1.89%
RHM.DE
0.43%0.93%1.50%1.77%2.41%5.54%2.05%2.20%1.37%1.72%0.49%1.10%
RYAAY
3.05%4.37%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%4.40%0.00%
SAF.PA
0.95%1.04%0.85%0.43%0.40%0.00%1.32%1.53%0.97%2.15%1.96%2.34%
SAP.DE
0.88%0.93%1.47%2.54%1.48%1.47%1.25%1.61%1.34%1.39%1.50%1.72%
SIE.DE
2.54%2.49%2.50%3.09%2.29%3.32%3.62%4.21%3.44%3.32%4.07%3.55%
TMUS
1.29%1.28%0.41%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HO.PA
Thales S.A.		1.47%2.49%2.27%2.23%2.62%0.53%2.36%1.76%1.84%1.53%1.64%2.64%
V
0.66%0.68%0.72%0.76%0.62%0.56%0.56%0.67%0.61%0.75%0.64%0.64%
WMT
0.90%0.92%1.45%1.58%1.52%1.50%1.78%2.23%2.07%2.89%3.20%2.24%
WM
1.34%1.49%1.56%1.66%1.38%1.85%1.80%2.09%1.97%2.31%2.89%2.92%
WELL
1.76%2.03%2.71%3.72%2.84%4.18%4.26%5.01%5.46%5.14%4.85%4.20%
ZURN.SW
4.92%4.83%5.46%4.97%5.00%5.35%4.78%6.14%5.73%6.06%6.58%5.45%

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.

-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-0.21%
-10.02%
Trading 212 - Portfolio
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Trading 212 - Portfolio. 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 Trading 212 - Portfolio was 10.38%, occurring on Apr 7, 2025. The portfolio has not yet recovered.

The current Trading 212 - Portfolio drawdown is 0.21%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.38%Mar 19, 202514Apr 7, 2025———
-8.05%Aug 1, 202364Oct 27, 202315Nov 17, 202379
-4.42%Jul 17, 202414Aug 5, 20247Aug 14, 202421
-4.06%Dec 9, 202424Jan 13, 20256Jan 21, 202530
-3.88%Apr 1, 202412Apr 16, 202417May 9, 202429

Volatility

Volatility Chart

The current Trading 212 - Portfolio volatility is 8.26%, 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.

2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
8.26%
14.23%
Trading 212 - Portfolio
Benchmark (^GSPC)
Portfolio components

Diversification

Diversification Metrics

Number of Effective Assets
10.0020.0030.0040.00
Effective Assets: 26.46

The portfolio contains 40 assets, with an effective number of assets of 26.46, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
^GSPCJNJWMTPEPTMUSKOGOOGLRHM.DEWMRMDAM.PAOAAPL0B2.DEDTE.DEBA.LMCDMETAHO.PARYAAYMSFTAMZNWELLASML.ASEUNA.DEZURN.SWDBK.DEJPMVPLDIII.LAXPBRK-BSIE.DESAP.DEMACS.PAAIR.PASAF.PAALV.DEGERD.DEPortfolio
^GSPC1.000.070.330.170.280.160.610.190.290.430.140.220.590.190.150.220.290.620.170.360.710.680.350.420.240.170.250.490.490.470.350.620.450.350.420.520.230.310.350.260.530.72
JNJ0.071.000.170.450.250.45-0.06-0.030.290.230.020.400.040.060.170.080.32-0.150.010.08-0.10-0.120.28-0.160.140.240.020.230.240.360.010.100.390.01-0.070.220.16-0.04-0.010.160.050.21
WMT0.330.171.000.320.250.330.180.050.380.250.060.170.200.070.060.150.280.220.060.080.210.250.320.040.070.090.010.210.300.280.040.230.28-0.010.100.33-0.000.060.110.050.080.31
PEP0.170.450.321.000.400.68-0.00-0.040.440.27-0.010.410.110.030.210.090.43-0.040.030.100.03-0.030.35-0.090.180.17-0.010.110.290.310.030.100.340.02-0.020.300.100.070.000.110.060.26
TMUS0.280.250.250.401.000.370.070.100.390.230.050.280.170.000.270.140.310.050.070.050.090.090.360.020.120.240.030.230.280.310.130.220.330.060.030.330.120.100.080.140.120.34
KO0.160.450.330.680.371.000.02-0.010.380.250.040.460.140.050.210.120.43-0.040.090.130.02-0.030.40-0.050.180.180.020.170.310.300.000.090.340.040.040.330.120.070.040.150.070.29
GOOGL0.61-0.060.18-0.000.070.021.000.010.020.220.020.010.470.060.010.060.120.550.080.240.630.640.090.230.11-0.020.090.170.270.170.140.320.210.170.250.270.070.140.180.090.260.39
RHM.DE0.19-0.030.05-0.040.10-0.010.011.000.090.030.550.05-0.010.220.200.570.030.120.620.120.080.070.140.250.150.230.210.130.150.090.280.140.090.240.250.170.280.320.420.330.310.44
WM0.290.290.380.440.390.380.020.091.000.250.080.320.150.050.190.210.400.040.110.130.110.040.360.010.100.15-0.010.220.340.320.140.240.350.030.030.390.070.090.080.110.090.33
RMD0.430.230.250.270.230.250.220.030.251.00-0.010.220.230.060.120.060.260.250.010.190.190.240.250.160.210.050.070.240.300.340.160.280.250.120.170.290.060.090.140.110.200.38
AM.PA0.140.020.06-0.010.050.040.020.550.08-0.011.000.010.010.250.190.540.070.100.740.110.060.060.080.210.260.270.240.050.140.050.280.110.080.240.310.160.340.440.440.370.340.44
O0.220.400.170.410.280.460.010.050.320.220.011.000.070.110.220.070.35-0.120.080.16-0.04-0.070.55-0.040.350.170.080.270.250.540.110.210.340.03-0.000.240.170.100.050.140.170.31
AAPL0.590.040.200.110.170.140.47-0.010.150.230.010.071.000.070.150.050.190.370.050.240.510.440.170.230.170.070.100.210.290.260.120.270.260.200.260.270.120.130.120.150.210.38
0B2.DE0.190.060.070.030.000.050.060.220.050.060.250.110.071.000.290.160.050.080.250.240.050.100.120.320.330.250.530.180.050.190.310.170.160.420.350.090.440.410.420.440.460.49
DTE.DE0.150.170.060.210.270.210.010.200.190.120.190.220.150.291.000.180.230.040.230.180.050.010.210.170.430.430.310.100.110.140.270.040.150.300.260.140.440.310.330.480.290.40
BA.L0.220.080.150.090.140.120.060.570.210.060.540.070.050.160.181.000.150.120.610.100.130.080.180.170.170.250.170.130.190.130.330.170.170.210.260.190.240.340.400.320.290.47
MCD0.290.320.280.430.310.430.120.030.400.260.070.350.190.050.230.151.000.130.110.170.120.120.260.050.220.200.120.220.320.320.150.200.350.180.100.330.220.150.150.220.170.37
META0.62-0.150.22-0.040.05-0.040.550.120.040.250.10-0.120.370.080.040.120.131.000.100.240.610.630.130.300.110.020.160.210.270.120.190.350.140.240.350.270.110.210.260.130.290.44
HO.PA0.170.010.060.030.070.090.080.620.110.010.740.080.050.250.230.610.110.101.000.150.100.100.110.210.290.270.220.090.160.070.300.120.090.270.320.150.390.440.480.390.310.49
RYAAY0.360.080.080.100.050.130.240.120.130.190.110.160.240.240.180.100.170.240.151.000.260.280.140.250.280.180.280.280.200.220.250.330.260.360.280.260.250.260.300.310.320.45
MSFT0.71-0.100.210.030.090.020.630.080.110.190.06-0.040.510.050.050.130.120.610.100.261.000.700.120.350.080.020.110.210.290.170.180.350.190.230.360.310.090.180.230.110.290.44
AMZN0.68-0.120.25-0.030.09-0.030.640.070.040.240.06-0.070.440.100.010.080.120.630.100.280.701.000.110.310.100.020.130.250.290.190.180.380.180.230.340.300.100.190.230.120.310.45
WELL0.350.280.320.350.360.400.090.140.360.250.080.550.170.120.210.180.260.130.110.140.120.111.00-0.000.260.170.060.290.370.520.110.260.360.060.110.390.140.170.160.150.180.41
ASML.AS0.42-0.160.04-0.090.02-0.050.230.250.010.160.21-0.040.230.320.170.170.050.300.210.250.350.31-0.001.000.250.200.350.090.120.140.430.220.030.540.640.140.310.420.430.330.620.52
EUNA.DE0.240.140.070.180.120.180.110.150.100.210.260.350.170.330.430.170.220.110.290.280.080.100.260.251.000.380.290.040.100.300.360.090.130.360.330.110.460.370.350.460.420.47
ZURN.SW0.170.240.090.170.240.18-0.020.230.150.050.270.170.070.250.430.250.200.020.270.180.020.020.170.200.381.000.390.170.150.180.390.170.250.360.280.180.640.380.400.630.440.46
DBK.DE0.250.020.01-0.010.030.020.090.21-0.010.070.240.080.100.530.310.170.120.160.220.280.110.130.060.350.290.391.000.290.110.180.440.290.190.510.370.130.550.520.480.590.520.53
JPM0.490.230.210.110.230.170.170.130.220.240.050.270.210.180.100.130.220.210.090.280.210.250.290.090.040.170.291.000.400.380.220.660.610.220.100.460.240.180.190.250.300.50
V0.490.240.300.290.280.310.270.150.340.300.140.250.290.050.110.190.320.270.160.200.290.290.370.120.100.150.110.401.000.360.210.460.500.090.180.810.130.200.170.150.220.50
PLD0.470.360.280.310.310.300.170.090.320.340.050.540.260.190.140.130.320.120.070.220.170.190.520.140.300.180.180.380.361.000.230.360.440.200.170.420.140.220.180.190.350.49
III.L0.350.010.040.030.130.000.140.280.140.160.280.110.120.310.270.330.150.190.300.250.180.180.110.430.360.390.440.220.210.231.000.330.180.480.460.250.470.470.520.480.560.58
AXP0.620.100.230.100.220.090.320.140.240.280.110.210.270.170.040.170.200.350.120.330.350.380.260.220.090.170.290.660.460.360.331.000.520.240.220.480.240.240.230.230.390.56
BRK-B0.450.390.280.340.330.340.210.090.350.250.080.340.260.160.150.170.350.140.090.260.190.180.360.030.130.250.190.610.500.440.180.521.000.190.110.550.240.180.180.280.290.57
SIE.DE0.350.01-0.010.020.060.040.170.240.030.120.240.030.200.420.300.210.180.240.270.360.230.230.060.540.360.360.510.220.090.200.480.240.191.000.540.150.530.530.610.570.630.59
SAP.DE0.42-0.070.10-0.020.030.040.250.250.030.170.31-0.000.260.350.260.260.100.350.320.280.360.340.110.640.330.280.370.100.180.170.460.220.110.541.000.210.440.550.550.450.590.59
MA0.520.220.330.300.330.330.270.170.390.290.160.240.270.090.140.190.330.270.150.260.310.300.390.140.110.180.130.460.810.420.250.480.550.150.211.000.170.210.190.190.290.56
CS.PA0.230.16-0.000.100.120.120.070.280.070.060.340.170.120.440.440.240.220.110.390.250.090.100.140.310.460.640.550.240.130.140.470.240.240.530.440.171.000.540.580.820.530.58
AIR.PA0.31-0.040.060.070.100.070.140.320.090.090.440.100.130.410.310.340.150.210.440.260.180.190.170.420.370.380.520.180.200.220.470.240.180.530.550.210.541.000.680.540.520.60
SAF.PA0.35-0.010.110.000.080.040.180.420.080.140.440.050.120.420.330.400.150.260.480.300.230.230.160.430.350.400.480.190.170.180.520.230.180.610.550.190.580.681.000.570.560.63
ALV.DE0.260.160.050.110.140.150.090.330.110.110.370.140.150.440.480.320.220.130.390.310.110.120.150.330.460.630.590.250.150.190.480.230.280.570.450.190.820.540.571.000.550.63
GERD.DE0.530.050.080.060.120.070.260.310.090.200.340.170.210.460.290.290.170.290.310.320.290.310.180.620.420.440.520.300.220.350.560.390.290.630.590.290.530.520.560.551.000.74
Portfolio0.720.210.310.260.340.290.390.440.330.380.440.310.380.490.400.470.370.440.490.450.440.450.410.520.470.460.530.500.500.490.580.560.570.590.590.560.580.600.630.630.741.00
The correlation results are calculated based on daily price changes starting from Jun 22, 2023