Total Return Correlations of ESTA (Establishment Labs Holdings Inc)

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 -48.9% 83.5%
US NADSAQ 100 QQQ -55.5% 75.9%
US Dow Jones Industrial 30 DIA -39.2% 86.0%
German DAX 40 DBXD 8.0% 76.9%
UK FTSE 100 ISFU 18.7% 75.5%
Shanghai Shenzhen CSI 300 CSI 300 76.0% 51.2%
Hongkong Hang Seng HSI 72.0% -17.3%
Japan Nikkei 225 EXX7 -19.6% 74.7%
India NIFTY 50 INDA -62.9% 84.7%
Brasil Bovespa EWZ -50.3% 0.5%
Bitcoin BTC -63.7% 56.2%

Sectors

Sector Symbol Correlation
12m / TTM
Correlation
5 years
Communication Services XLC -61.6% 64.6%
Consumer Discretionary XLY -39.8% 75.7%
Consumer Staples XLP 75.8% 81.2%
Energy XLE -41.1% 53.9%
Financial XLF 26.4% 84.4%
Health Care XLV 26.4% 84.4%
Industrial XLI -20.1% 85.8%
Materials XLB 20.1% 88.4%
Real Estate XLRE 56.8% 77.8%
Technology XLK -55.4% 75.9%
Utilities XLU 73.9% 76.4%
Aerospace & Defense XAR -25.8% 76.9%
Biotech XBI 78.1% 22.2%
Homebuilder XHB -42.8% 80.1%
Retail XRT 28.3% 86.7%

Commodities

Commodity Symbol Correlation
12m / TTM
Correlation
5 years
Oil USO -60.7% -11.8%
Natural Gas UNG 26.4% -15.3%
Gold GLD -14.8% 51.8%
Silver SLV 17.7% 63.3%
Copper CPER 52.5% 88.9%

Yields & Bonds

Bond Symbol Correlation
12m / TTM
Correlation
5 years
US 10 Years Gov. Bond Yield US10Y -84.0% 40.9%
US 20+ Years Treasuries TLT 86.2% -31.0%
High Yield Corporate Bonds HYG -49.9% 59.4%