Correlations for 0M2Z (LSE) to Indices, Commodities, Bonds & Sectors

Correlations are calculated on Total Return basis (incl. Dividends); if less than 5 years / 12 months of data is available, we use all the data we got so far.

Indices

Symbol Correlation
5 years
Correlation
12m / TTM
US S&P 500 SPY 54.2% -57.1%
US NADSAQ 100 QQQ 38.5% -58.7%
US Dow Jones Industrial 30 DIA 58.1% -39.4%
German DAX 40 DBXD 30.4% -53.3%
UK FTSE 100 ISF 78.4% -11.2%
Shanghai Shenzhen CSI 300 CSI300 -8.3% -54.8%
Hongkong Hang Seng HSI -76.7% -76.8%
Japan Nikkei 225 N225 52.7% 39.3%
Brasil Bovespa BVSP 27.9% -8.2%
India NIFTY 50 NSEI 76.3% 23.6%
Bitcoin BTC 15.7% -18.9%

Sectors

Symbol Correlation
5 years
Correlation
12m / TTM
Communication Services XLC 4.3% -72.1%
Consumer Discretionary XLY 34.6% -51.2%
Consumer Staples XLP 66.4% -17.9%
Energy XLE 89.8% 48.0%
Financial XLF 67.9% -5.5%
Health Care XLV 67.9% -5.5%
Industrial XLI 57.7% -32.6%
Materials XLB 60.7% -48.0%
Real Estate XLRE 50.5% -52.7%
Technology XLK 48.5% -58.0%
Utilities XLU 68.0% 22.4%
Aerospace & Defense XAR 30.2% -49.5%
Biotech XBI -34.9% -31.9%
Homebuilder XHB 42.3% -67.1%
Retail XRT 36.1% -68.6%

Commodities (Futures)

Symbol Correlation
5 years
Correlation
12m / TTM
Crude Oil CL 83.6% -25.6%
Natural Gas NG 88.6% 54.5%
Gold GC 27.3% -76.9%
Silver SI 12.2% -50.2%
Copper HG 51.1% -56.7%

Yields & Bonds

Symbol Correlation
5 years
Correlation
12m / TTM
US 10 Years Government Bonds Yields US10Y 81.0% 46.3%
iShares 20+ Year Treasury Bond ETF TLT -55.4% -74.7%
iShares iBoxx High Yield Corporate Bond ETF HYG 7.8% -70.3%