BigTech asset correlations

Portfolio Correlation

0.58

Medium

Internal Correlation

0.40

Medium

Diversification Score

60%

Moderately Diversified

Risk Distribution

High Correlation0.1%

Medium Correlation48.8%

Low Correlation51.1%

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Most Correlated Assets

ASML / AMAT

0.82

NVDA / TSM

0.70

QCOM / AMAT

0.69

TSM / ASML

0.69

NVDA / AMD

0.67

QCOM / ASML

0.67

TSM / AMAT

0.66

AMD / AMAT

0.66

NVDA / AMAT

0.66

AMD / ASML

0.65

AVGO / TSM

0.65

MSFT / AMZN

0.65

CRM / NOW

0.65

MU / AMAT

0.65

NVDA / ASML

0.64

AVGO / AMAT

0.64

NVDA / AVGO

0.63

AMZN / GOOGL

0.62

TSM / QCOM

0.60

AMD / TSM

0.60

META / AMZN

0.60

MSFT / GOOGL

0.60

AVGO / MU

0.60

AMD / QCOM

0.60

MU / ASML

0.60

Correlations with BigTech historical returns

Instrument	Value	1Y Correlation	3Y Correlation	10Y Correlation	25Y Correlation
NVDA	16.41%	+0.67	+0.75	+0.72	+0.39
AMD	5.73%	+0.55	+0.65	+0.52	+0.31
BABA	5.12%	+0.29	+0.35	+0.30	+0.29
META	5.05%	+0.57	+0.59	+0.69	+0.53
AVGO	4.69%	+0.57	+0.66	+0.57	+0.45
UBER	4.46%	+0.33	+0.44	+0.41	+0.41
NFLX	4.38%	+0.45	+0.51	+0.61	+0.27
PLTR	4.34%	+0.48	+0.48	+0.31	+0.31
MSFT	4.22%	+0.51	+0.64	+0.76	+0.40
AMZN	4.04%	+0.59	+0.66	+0.77	+0.33
MU	3.59%	+0.59	+0.62	+0.49	+0.27
GOOGL	3.49%	+0.48	+0.58	+0.67	+0.35
PDD	3.39%	+0.28	+0.33	+0.14	+0.14
TSLA	3.32%	+0.48	+0.53	+0.53	+0.41
TSM	3.06%	+0.62	+0.68	+0.67	+0.38
ORCL	2.97%	+0.52	+0.52	+0.60	+0.35
PANW	2.66%	+0.44	+0.44	+0.47	+0.40
AAPL	2.52%	+0.37	+0.53	+0.68	+0.30
QCOM	2.49%	+0.51	+0.64	+0.51	+0.35
CRM	2.48%	+0.49	+0.53	+0.66	+0.35
ASML	2.44%	+0.50	+0.67	+0.71	+0.34
AMAT	2.33%	+0.56	+0.68	+0.60	+0.38
NOW	2.26%	+0.51	+0.57	+0.59	+0.48
ARM	2.22%	+0.55	+0.41	+0.31	+0.31
ADBE	2.01%	+0.37	+0.53	+0.68	+0.36

Portfolio Correlation Matrix

Asset	NVDA	AMD	BABA	META	AVGO	UBER	NFLX	PLTR	MSFT	AMZN	MU	GOOGL	PDD	TSLA	TSM	ORCL	PANW	AAPL	QCOM	CRM	ASML	AMAT	NOW	ARM	ADBE
NVDA	1.00	0.67	0.20	0.44	0.63	0.36	0.43	0.41	0.58	0.50	0.57	0.46	0.22	0.40	0.70	0.48	0.36	0.43	0.57	0.40	0.64	0.66	0.48	0.40	0.41
AMD	0.67	1.00	0.27	0.46	0.53	0.39	0.41	0.40	0.53	0.51	0.53	0.50	0.26	0.40	0.60	0.38	0.31	0.47	0.60	0.42	0.65	0.66	0.45	0.34	0.43
BABA	0.20	0.27	1.00	0.21	0.17	0.26	0.20	0.18	0.16	0.25	0.27	0.23	0.59	0.21	0.28	0.13	0.08	0.26	0.30	0.18	0.31	0.27	0.16	0.12	0.19
META	0.44	0.46	0.21	1.00	0.38	0.37	0.39	0.34	0.58	0.60	0.37	0.52	0.17	0.31	0.42	0.29	0.28	0.44	0.38	0.38	0.45	0.43	0.35	0.23	0.40
AVGO	0.63	0.53	0.17	0.38	1.00	0.29	0.35	0.37	0.47	0.45	0.60	0.39	0.21	0.38	0.65	0.46	0.34	0.39	0.57	0.35	0.60	0.64	0.40	0.41	0.37
UBER	0.36	0.39	0.26	0.37	0.29	1.00	0.32	0.39	0.36	0.41	0.32	0.31	0.20	0.25	0.37	0.26	0.27	0.33	0.40	0.37	0.43	0.40	0.38	0.25	0.31
NFLX	0.43	0.41	0.20	0.39	0.35	0.32	1.00	0.38	0.44	0.44	0.31	0.36	0.19	0.32	0.36	0.32	0.29	0.38	0.39	0.38	0.46	0.37	0.44	0.20	0.35
PLTR	0.41	0.40	0.18	0.34	0.37	0.39	0.38	1.00	0.37	0.41	0.32	0.33	0.19	0.43	0.39	0.32	0.34	0.33	0.36	0.32	0.36	0.35	0.40	0.29	0.29
MSFT	0.58	0.53	0.16	0.58	0.47	0.36	0.44	0.37	1.00	0.65	0.41	0.60	0.17	0.35	0.49	0.47	0.38	0.55	0.45	0.49	0.52	0.51	0.57	0.25	0.50
AMZN	0.50	0.51	0.25	0.60	0.45	0.41	0.44	0.41	0.65	1.00	0.42	0.62	0.23	0.41	0.45	0.38	0.36	0.50	0.47	0.50	0.52	0.49	0.55	0.27	0.50
MU	0.57	0.53	0.27	0.37	0.60	0.32	0.31	0.32	0.41	0.42	1.00	0.35	0.25	0.31	0.59	0.39	0.26	0.36	0.58	0.33	0.60	0.65	0.33	0.41	0.31
GOOGL	0.46	0.50	0.23	0.52	0.39	0.31	0.36	0.33	0.60	0.62	0.35	1.00	0.20	0.38	0.41	0.33	0.29	0.51	0.43	0.39	0.43	0.42	0.42	0.24	0.45
PDD	0.22	0.26	0.59	0.17	0.21	0.20	0.19	0.19	0.17	0.23	0.25	0.20	1.00	0.17	0.26	0.13	0.14	0.19	0.28	0.17	0.26	0.25	0.16	0.12	0.17
TSLA	0.40	0.40	0.21	0.31	0.38	0.25	0.32	0.43	0.35	0.41	0.31	0.38	0.17	1.00	0.35	0.29	0.31	0.44	0.41	0.33	0.34	0.37	0.35	0.26	0.26
TSM	0.70	0.60	0.28	0.42	0.65	0.37	0.36	0.39	0.49	0.45	0.59	0.41	0.26	0.35	1.00	0.46	0.29	0.41	0.60	0.37	0.69	0.66	0.44	0.47	0.37
ORCL	0.48	0.38	0.13	0.29	0.46	0.26	0.32	0.32	0.47	0.38	0.39	0.33	0.13	0.29	0.46	1.00	0.32	0.31	0.35	0.34	0.39	0.40	0.42	0.29	0.34
PANW	0.36	0.31	0.08	0.28	0.34	0.27	0.29	0.34	0.38	0.36	0.26	0.29	0.14	0.31	0.29	0.32	1.00	0.35	0.33	0.41	0.32	0.32	0.49	0.23	0.37
AAPL	0.43	0.47	0.26	0.44	0.39	0.33	0.38	0.33	0.55	0.50	0.36	0.51	0.19	0.44	0.41	0.31	0.35	1.00	0.53	0.40	0.47	0.45	0.40	0.25	0.43
QCOM	0.57	0.60	0.30	0.38	0.57	0.40	0.39	0.36	0.45	0.47	0.58	0.43	0.28	0.41	0.60	0.35	0.33	0.53	1.00	0.41	0.67	0.69	0.43	0.45	0.43
CRM	0.40	0.42	0.18	0.38	0.35	0.37	0.38	0.32	0.49	0.50	0.33	0.39	0.17	0.33	0.37	0.34	0.41	0.40	0.41	1.00	0.41	0.40	0.65	0.22	0.51
ASML	0.64	0.65	0.31	0.45	0.60	0.43	0.46	0.36	0.52	0.52	0.60	0.43	0.26	0.34	0.69	0.39	0.32	0.47	0.67	0.41	1.00	0.82	0.45	0.40	0.41
AMAT	0.66	0.66	0.27	0.43	0.64	0.40	0.37	0.35	0.51	0.49	0.65	0.42	0.25	0.37	0.66	0.40	0.32	0.45	0.69	0.40	0.82	1.00	0.42	0.43	0.40
NOW	0.48	0.45	0.16	0.35	0.40	0.38	0.44	0.40	0.57	0.55	0.33	0.42	0.16	0.35	0.44	0.42	0.49	0.40	0.43	0.65	0.45	0.42	1.00	0.23	0.56
ARM	0.40	0.34	0.12	0.23	0.41	0.25	0.20	0.29	0.25	0.27	0.41	0.24	0.12	0.26	0.47	0.29	0.23	0.25	0.45	0.22	0.40	0.43	0.23	1.00	0.14
ADBE	0.41	0.43	0.19	0.40	0.37	0.31	0.35	0.29	0.50	0.50	0.31	0.45	0.17	0.26	0.37	0.34	0.37	0.43	0.43	0.51	0.41	0.40	0.56	0.14	1.00

Explore how different assets correlate with BigTech.

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Portfolio Correlation

Internal Correlation

Diversification Score

Risk Distribution

Most Correlated Assets

Correlations with BigTech historical returns

Portfolio Correlation Matrix

Explore how different assets correlate with BigTech.