BigTech asset correlations

Portfolio Correlation

0.39

Low

Internal Correlation

0.38

Low

Diversification Score

62%

Moderately Diversified

Risk Distribution

High Correlation0.2%

Medium Correlation38.9%

Low Correlation60.8%

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Most Correlated Assets

AMAT / ASML

0.80

NVDA / TSM

0.69

TSM / ASML

0.69

TSM / AMAT

0.66

AVGO / TSM

0.65

AMAT / QCOM

0.64

CRM / NOW

0.64

MU / AMAT

0.64

NVDA / AMD

0.62

ASML / QCOM

0.62

NVDA / AMAT

0.61

AMZN / MSFT

0.61

AVGO / AMAT

0.60

NVDA / ASML

0.60

NVDA / AVGO

0.60

AMD / AMAT

0.60

AMD / ASML

0.60

MU / TSM

0.59

META / AMZN

0.59

MU / ASML

0.59

MU / AVGO

0.58

TSM / QCOM

0.57

AMD / TSM

0.57

META / MSFT

0.57

AVGO / ASML

0.56

Correlations with BigTech historical returns

Instrument	Value	1Y Correlation	3Y Correlation	10Y Correlation	25Y Correlation
NVDA	14.95%	+0.40	+0.52	+0.72	+0.39
MU	6.76%	+0.34	+0.42	+0.50	+0.30
AMD	6.7%	+0.30	+0.42	+0.53	+0.32
AVGO	5.56%	+0.33	+0.46	+0.57	+0.45
BABA	5.21%	+0.14	+0.19	+0.34	+0.31
GOOGL	4.5%	+0.26	+0.36	+0.67	+0.36
PLTR	4.5%	+0.30	+0.34	+0.32	+0.32
TSLA	3.84%	+0.28	+0.36	+0.53	+0.42
META	3.83%	+0.26	+0.38	+0.67	+0.51
TSM	3.54%	+0.38	+0.48	+0.68	+0.41
AMZN	3.52%	+0.29	+0.42	+0.78	+0.33
MSFT	3.45%	+0.25	+0.40	+0.78	+0.41
UBER	3.44%	+0.21	+0.28	+0.41	+0.41
AMAT	3.41%	+0.33	+0.46	+0.61	+0.39
ASML	3.17%	+0.31	+0.45	+0.71	+0.36
NFLX	2.95%	+0.13	+0.29	+0.60	+0.26
PDD	2.81%	+0.20	+0.21	+0.15	+0.15
AAPL	2.62%	+0.09	+0.25	+0.69	+0.32
ORCL	2.5%	+0.36	+0.40	+0.60	+0.36
QCOM	2.42%	+0.25	+0.40	+0.52	+0.36
PANW	2.33%	+0.20	+0.28	+0.48	+0.41
CRM	2.19%	+0.12	+0.27	+0.66	+0.34
ARM	1.95%	+0.28	+0.31	+0.33	+0.33
NOW	1.82%	+0.23	+0.37	+0.59	+0.48
ADBE	1.67%	+0.11	+0.29	+0.67	+0.35

Portfolio Correlation Matrix

Asset	NVDA	MU	AMD	AVGO	BABA	GOOGL	PLTR	TSLA	META	TSM	AMZN	MSFT	UBER	AMAT	ASML	NFLX	PDD	AAPL	ORCL	QCOM	PANW	CRM	ARM	NOW	ADBE
NVDA	1.00	0.54	0.62	0.60	0.16	0.40	0.41	0.37	0.42	0.69	0.46	0.53	0.34	0.61	0.60	0.38	0.20	0.35	0.45	0.52	0.35	0.33	0.42	0.43	0.35
MU	0.54	1.00	0.46	0.58	0.28	0.34	0.32	0.32	0.32	0.59	0.39	0.36	0.31	0.64	0.59	0.26	0.26	0.30	0.35	0.55	0.26	0.28	0.43	0.30	0.26
AMD	0.62	0.46	1.00	0.47	0.22	0.42	0.38	0.37	0.43	0.57	0.45	0.48	0.34	0.60	0.60	0.38	0.24	0.38	0.33	0.54	0.27	0.34	0.37	0.40	0.36
AVGO	0.60	0.58	0.47	1.00	0.16	0.38	0.36	0.37	0.37	0.65	0.41	0.42	0.25	0.60	0.56	0.31	0.20	0.32	0.42	0.53	0.31	0.28	0.44	0.37	0.32
BABA	0.16	0.28	0.22	0.16	1.00	0.24	0.17	0.20	0.17	0.23	0.20	0.12	0.20	0.26	0.30	0.15	0.54	0.26	0.11	0.28	0.08	0.16	0.15	0.16	0.17
GOOGL	0.40	0.34	0.42	0.38	0.24	1.00	0.33	0.38	0.45	0.38	0.55	0.47	0.29	0.39	0.37	0.30	0.21	0.44	0.28	0.36	0.25	0.30	0.25	0.37	0.35
PLTR	0.41	0.32	0.38	0.36	0.17	0.33	1.00	0.42	0.36	0.39	0.39	0.37	0.40	0.35	0.35	0.36	0.19	0.29	0.30	0.35	0.33	0.30	0.31	0.38	0.28
TSLA	0.37	0.32	0.37	0.37	0.20	0.38	0.42	1.00	0.31	0.35	0.38	0.34	0.22	0.38	0.34	0.25	0.16	0.40	0.26	0.41	0.31	0.29	0.29	0.33	0.24
META	0.42	0.32	0.43	0.37	0.17	0.45	0.36	0.31	1.00	0.41	0.59	0.57	0.35	0.39	0.41	0.36	0.18	0.39	0.27	0.33	0.29	0.36	0.26	0.43	0.39
TSM	0.69	0.59	0.57	0.65	0.23	0.38	0.39	0.35	0.41	1.00	0.42	0.45	0.34	0.66	0.69	0.32	0.23	0.35	0.45	0.57	0.27	0.32	0.51	0.41	0.32
AMZN	0.46	0.39	0.45	0.41	0.20	0.55	0.39	0.38	0.59	0.42	1.00	0.61	0.39	0.45	0.46	0.39	0.21	0.45	0.32	0.43	0.35	0.45	0.30	0.52	0.46
MSFT	0.53	0.36	0.48	0.42	0.12	0.47	0.37	0.34	0.57	0.45	0.61	1.00	0.35	0.43	0.44	0.42	0.19	0.46	0.41	0.36	0.36	0.40	0.28	0.55	0.43
UBER	0.34	0.31	0.34	0.25	0.20	0.29	0.40	0.22	0.35	0.34	0.39	0.35	1.00	0.37	0.40	0.27	0.17	0.29	0.24	0.38	0.27	0.32	0.28	0.34	0.29
AMAT	0.61	0.64	0.60	0.60	0.26	0.39	0.35	0.38	0.39	0.66	0.45	0.43	0.37	1.00	0.80	0.30	0.24	0.38	0.37	0.64	0.30	0.34	0.46	0.39	0.33
ASML	0.60	0.59	0.60	0.56	0.30	0.37	0.35	0.34	0.41	0.69	0.46	0.44	0.40	0.80	1.00	0.39	0.25	0.39	0.35	0.62	0.28	0.34	0.44	0.40	0.33
NFLX	0.38	0.26	0.38	0.31	0.15	0.30	0.36	0.25	0.36	0.32	0.39	0.42	0.27	0.30	0.39	1.00	0.16	0.34	0.27	0.33	0.28	0.32	0.23	0.43	0.33
PDD	0.20	0.26	0.24	0.20	0.54	0.21	0.19	0.16	0.18	0.23	0.21	0.19	0.17	0.24	0.25	0.16	1.00	0.19	0.10	0.28	0.14	0.16	0.15	0.15	0.18
AAPL	0.35	0.30	0.38	0.32	0.26	0.44	0.29	0.40	0.39	0.35	0.45	0.46	0.29	0.38	0.39	0.34	0.19	1.00	0.20	0.45	0.30	0.31	0.27	0.36	0.36
ORCL	0.45	0.35	0.33	0.42	0.11	0.28	0.30	0.26	0.27	0.45	0.32	0.41	0.24	0.37	0.35	0.27	0.10	0.20	1.00	0.28	0.29	0.27	0.31	0.36	0.26
QCOM	0.52	0.55	0.54	0.53	0.28	0.36	0.35	0.41	0.33	0.57	0.43	0.36	0.38	0.64	0.62	0.33	0.28	0.45	0.28	1.00	0.29	0.36	0.49	0.39	0.36
PANW	0.35	0.26	0.27	0.31	0.08	0.25	0.33	0.31	0.29	0.27	0.35	0.36	0.27	0.30	0.28	0.28	0.14	0.30	0.29	0.29	1.00	0.40	0.25	0.47	0.36
CRM	0.33	0.28	0.34	0.28	0.16	0.30	0.30	0.29	0.36	0.32	0.45	0.40	0.32	0.34	0.34	0.32	0.16	0.31	0.27	0.36	0.40	1.00	0.24	0.64	0.49
ARM	0.42	0.43	0.37	0.44	0.15	0.25	0.31	0.29	0.26	0.51	0.30	0.28	0.28	0.46	0.44	0.23	0.15	0.27	0.31	0.49	0.25	0.24	1.00	0.26	0.16
NOW	0.43	0.30	0.40	0.37	0.16	0.37	0.38	0.33	0.43	0.41	0.52	0.55	0.34	0.39	0.40	0.43	0.15	0.36	0.36	0.39	0.47	0.64	0.26	1.00	0.54
ADBE	0.35	0.26	0.36	0.32	0.17	0.35	0.28	0.24	0.39	0.32	0.46	0.43	0.29	0.33	0.33	0.33	0.18	0.36	0.26	0.36	0.36	0.49	0.16	0.54	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.