Total Return Correlations of MANH (Manhattan Associates 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 92.5% 93.0%
US NADSAQ 100 QQQ 97.6% 91.7%
US Dow Jones Industrial 30 DIA 69.0% 91.1%
German DAX 40 DBXD 52.3% 85.6%
UK FTSE 100 ISFU 46.1% 73.9%
Shanghai Shenzhen CSI 300 CSI 300 -69.1% 31.2%
Hongkong Hang Seng HSI -61.8% -46.0%
Japan Nikkei 225 EXX7 75.4% 76.9%
India NIFTY 50 INDA 68.8% 85.2%
Brasil Bovespa EWZ 81.7% 4.2%
Bitcoin BTC 43.9% 39.1%

Sectors

Sector Symbol Correlation
12m / TTM
Correlation
5 years
Communication Services XLC 97.3% 71.3%
Consumer Discretionary XLY 89.5% 81.4%
Consumer Staples XLP -33.9% 84.8%
Energy XLE 19.1% 62.2%
Financial XLF -18.6% 87.7%
Health Care XLV -18.6% 87.7%
Industrial XLI 64.4% 90.7%
Materials XLB 12.0% 87.2%
Real Estate XLRE -36.2% 63.2%
Technology XLK 97.6% 95.3%
Utilities XLU -70.0% 70.2%
Aerospace & Defense XAR 62.2% 74.9%
Biotech XBI -43.4% 7.0%
Homebuilder XHB 88.8% 93.6%
Retail XRT -13.4% 70.1%

Commodities

Commodity Symbol Correlation
12m / TTM
Correlation
5 years
Oil USO 45.9% -16.9%
Natural Gas UNG -70.2% -47.9%
Gold GLD 43.5% 73.4%
Silver SLV 3.2% 66.0%
Copper CPER -47.6% 73.9%

Yields & Bonds

Bond Symbol Correlation
12m / TTM
Correlation
5 years
US 10 Years Gov. Bond Yield US10Y 69.1% 66.3%
US 20+ Years Treasuries TLT -68.7% -38.2%
High Yield Corporate Bonds HYG 75.6% 62.5%