Last Update: 01-Nov-2024, 17:54 CST

XLU Correlation Report

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Correlation Plot    ExplainYTD: XLU  25.4 %  vs. SPX  20.1 % 
SPDR Select Sector Fund - Utilities

* Correlation: MODEST* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: MODEST* Risk: MODERATE

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.113

-0.036

1.18

0

-0.2

51.7
* Last 60 market days. XLU relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankXLU CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.853 Subscribe first then Login to view complete reports now

-0.028

0.094

-1.25
2
0.823 Subscribe first then Login to view complete reports now

0.071

-0.183

1.05
3
1
0.820 Subscribe first then Login to view complete reports now

0.095

-0.048

1.46
4
1
0.819 Subscribe first then Login to view complete reports now

0.152

-0.109

1.75
5
1
0.795 LNT - Alliant Energy Corporation

0.008

-0.203

1.29
Least Correlated Non-ETF Securities:
RankXLU CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
164
0.000 Subscribe first then Login to view complete reports now

0.622

-0.108

3.15
2
226
0.000 Subscribe first then Login to view complete reports now

0.128

-0.403

2.77
3
985
0.000 Subscribe first then Login to view complete reports now

0.501

0.192

2.77
4
214
0.000 Subscribe first then Login to view complete reports now

0.229

-0.275

1.95
5
389
0.000 ATEN - A10 Networks Inc.

0.480

0.094

1.54
Most Anti-Correlated Non-ETF Securities:
RankXLU CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
4
-0.349 Subscribe first then Login to view complete reports now

0.118

-2.219

11.91
2
1
-0.324 Subscribe first then Login to view complete reports now

-0.024

1.981

-11.09
3
1
-0.300 Subscribe first then Login to view complete reports now

0.635

-0.420

2.80
4
2
-0.290 Subscribe first then Login to view complete reports now

0.267

-0.712

3.48
5
2
-0.278 MESA - Mesa Air Group Inc.

0.160

-1.095

4.37




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