Total Return Correlations of NOVO-B (Novo Nordisk A/S)

Correlations include Dividends (Total Return) for available Trading Days. If < 5 Years / 12 Months data, we use existing data.

Indices

Index Symbol Correlation
12m / TTM
Correlation
5 years
US S&P 500 SPY 70.1% 74.3%
US NADSAQ 100 QQQ 78.2% 67.2%
US Dow Jones Industrial 30 DIA 49.7% 75.0%
German DAX 40 DBXD 25.9% 62.6%
UK FTSE 100 ISFU 21.6% 63.4%
Shanghai Shenzhen CSI 300 CSI 300 -70.9% -13.1%
Hongkong Hang Seng HSI -64.1% -75.9%
Japan Nikkei 225 EXX7 48.6% 40.6%
India NIFTY 50 INDA 61.0% 69.5%
Brasil Bovespa EWZ 60.0% 1.6%
Bitcoin BTC 41.5% -9.3%

Sectors

Sector Symbol Correlation
12m / TTM
Correlation
5 years
Communication Services XLC 82.2% 29.0%
Consumer Discretionary XLY 61.7% 47.1%
Consumer Staples XLP -48.8% 79.1%
Energy XLE 38.9% 84.5%
Financial XLF -22.4% 80.2%
Health Care XLV -22.4% 80.2%
Industrial XLI 34.4% 75.5%
Materials XLB -15.9% 70.7%
Real Estate XLRE -62.2% 36.3%
Technology XLK 77.4% 78.7%
Utilities XLU -75.9% 66.5%
Aerospace & Defense XAR 33.0% 47.3%
Biotech XBI -65.6% -36.8%
Homebuilder XHB 64.9% 71.7%
Retail XRT -41.3% 35.0%

Commodities

Commodity Symbol Correlation
12m / TTM
Correlation
5 years
Oil USO 62.7% 5.5%
Natural Gas UNG -60.5% -38.2%
Gold GLD 46.3% 62.6%
Silver SLV 9.2% 36.7%
Copper CPER -53.9% 50.1%

Yields & Bonds

Bond Symbol Correlation
12m / TTM
Correlation
5 years
US 10 Years Gov. Bond Yield US10Y 79.6% 89.4%
US 20+ Years Treasuries TLT -82.1% -68.7%
High Yield Corporate Bonds HYG 61.1% 20.0%