Total Return Correlations of NVO (Novo Nordisk A/S)

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 75.2% 78.4%
US NADSAQ 100 QQQ 81.9% 72.4%
US Dow Jones Industrial 30 DIA 55.8% 78.9%
German DAX 40 DBXD 33.7% 68.1%
UK FTSE 100 ISFU 29.2% 66.1%
Shanghai Shenzhen CSI 300 CSI 300 -67.2% -5.4%
Hongkong Hang Seng HSI -61.0% -70.4%
Japan Nikkei 225 EXX7 47.6% 47.2%
India NIFTY 50 INDA 63.1% 71.9%
Brasil Bovespa EWZ 63.5% 1.1%
Bitcoin BTC 48.6% -3.4%

Sectors

Sector Symbol Correlation
12m / TTM
Correlation
5 years
Communication Services XLC 86.4% 37.5%
Consumer Discretionary XLY 67.7% 53.8%
Consumer Staples XLP -51.5% 81.0%
Energy XLE 38.0% 81.4%
Financial XLF -19.8% 82.4%
Health Care XLV -19.8% 82.4%
Industrial XLI 40.0% 79.2%
Materials XLB -6.2% 74.7%
Real Estate XLRE -55.1% 40.8%
Technology XLK 81.4% 82.5%
Utilities XLU -73.9% 67.1%
Aerospace & Defense XAR 43.1% 53.8%
Biotech XBI -67.4% -29.6%
Homebuilder XHB 69.6% 76.6%
Retail XRT -31.9% 41.6%

Commodities

Commodity Symbol Correlation
12m / TTM
Correlation
5 years
Oil USO 62.7% -0.3%
Natural Gas UNG -62.7% -44.2%
Gold GLD 47.4% 66.9%
Silver SLV 7.3% 45.6%
Copper CPER -53.2% 56.0%

Yields & Bonds

Bond Symbol Correlation
12m / TTM
Correlation
5 years
US 10 Years Gov. Bond Yield US10Y 77.7% 85.6%
US 20+ Years Treasuries TLT -78.9% -62.6%
High Yield Corporate Bonds HYG 67.7% 28.9%