Total Return Correlations of FDS (FactSet Research Systems 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 | 44.9% | 89.3% |
| US NADSAQ 100 | QQQ | 38.8% | 84.1% |
| US Dow Jones Industrial 30 | DIA | 57.8% | 87.8% |
| German DAX 40 | DBXD | -1.1% | 70.9% |
| UK FTSE 100 | ISFU | 4.9% | 61.5% |
| Shanghai Shenzhen CSI 300 | CSI 300 | -38.6% | 27.4% |
| Hongkong Hang Seng | HSI | -47.6% | -63.2% |
| Japan Nikkei 225 | EXX7 | 16.0% | 62.4% |
| India NIFTY 50 | INDA | 55.2% | 83.8% |
| Brasil Bovespa | EWZ | 39.3% | -16.5% |
| Bitcoin | BTC | 45.2% | 8.7% |
Sectors
| Sector | Symbol | Correlation 12m / TTM |
Correlation 5 years |
|---|---|---|---|
| Communication Services | XLC | 41.4% | 52.4% |
| Consumer Discretionary | XLY | 38.0% | 76.3% |
| Consumer Staples | XLP | -45.9% | 91.9% |
| Energy | XLE | 62.6% | 67.6% |
| Financial | XLF | 18.9% | 92.9% |
| Health Care | XLV | 18.9% | 92.9% |
| Industrial | XLI | 40.3% | 84.1% |
| Materials | XLB | 31.4% | 87.0% |
| Real Estate | XLRE | -7.4% | 69.7% |
| Technology | XLK | 37.8% | 89.4% |
| Utilities | XLU | -40.1% | 83.8% |
| Aerospace & Defense | XAR | 31.3% | 56.7% |
| Biotech | XBI | -46.4% | -6.0% |
| Homebuilder | XHB | 36.6% | 83.2% |
| Retail | XRT | 25.7% | 62.6% |