Total Return Correlations of SNPS (Synopsys 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 | 88.7% | 90.8% |
| US NADSAQ 100 | QQQ | 93.5% | 87.8% |
| US Dow Jones Industrial 30 | DIA | 67.4% | 89.2% |
| German DAX 40 | DBXD | 45.3% | 77.6% |
| UK FTSE 100 | ISFU | 31.3% | 68.7% |
| Shanghai Shenzhen CSI 300 | CSI 300 | -70.8% | 20.5% |
| Hongkong Hang Seng | HSI | -65.5% | -60.2% |
| Japan Nikkei 225 | EXX7 | 69.5% | 67.8% |
| India NIFTY 50 | INDA | 73.2% | 83.0% |
| Brasil Bovespa | EWZ | 81.8% | -5.9% |
| Bitcoin | BTC | 54.8% | 11.1% |
Sectors
| Sector | Symbol | Correlation 12m / TTM |
Correlation 5 years |
|---|---|---|---|
| Communication Services | XLC | 94.2% | 57.2% |
| Consumer Discretionary | XLY | 84.1% | 74.1% |
| Consumer Staples | XLP | -53.3% | 88.9% |
| Energy | XLE | 26.7% | 71.4% |
| Financial | XLF | -24.2% | 91.0% |
| Health Care | XLV | -24.2% | 91.0% |
| Industrial | XLI | 60.7% | 88.1% |
| Materials | XLB | 11.4% | 86.4% |
| Real Estate | XLRE | -37.4% | 57.0% |
| Technology | XLK | 94.2% | 94.3% |
| Utilities | XLU | -74.4% | 75.6% |
| Aerospace & Defense | XAR | 63.1% | 64.6% |
| Biotech | XBI | -55.0% | -6.9% |
| Homebuilder | XHB | 83.4% | 88.8% |
| Retail | XRT | -13.4% | 60.6% |