BigTech asset correlations

Portfolio Correlation

0.59

Medium

Internal Correlation

0.42

Medium

Diversification Score

58%

Moderately Diversified

Risk Distribution

High Correlation0.5%

Medium Correlation56.2%

Low Correlation43.3%

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Most Correlated Assets

AMAT / ASML

0.84

AMAT / QCOM

0.72

TSM / ASML

0.71

NVDA / TSM

0.70

NVDA / AMD

0.69

AMD / AMAT

0.69

ASML / QCOM

0.69

TSM / AMAT

0.69

NVDA / AMAT

0.68

AMD / ASML

0.67

MSFT / AMZN

0.67

CRM / NOW

0.67

MU / AMAT

0.66

AVGO / AMAT

0.66

NVDA / ASML

0.66

AVGO / TSM

0.66

AMZN / GOOGL

0.64

NVDA / AVGO

0.63

MSFT / GOOGL

0.63

TSM / QCOM

0.63

AMD / TSM

0.62

AMD / QCOM

0.62

AVGO / MU

0.61

META / AMZN

0.61

AVGO / ASML

0.61

Correlations with BigTech historical returns

Instrument	Value	1Y Correlation	3Y Correlation	10Y Correlation	25Y Correlation
NVDA	15.5%	+0.70	+0.76	+0.72	+0.38
AMD	5.28%	+0.60	+0.66	+0.52	+0.31
META	5.23%	+0.58	+0.60	+0.68	+0.53
NFLX	5%	+0.47	+0.53	+0.61	+0.27
UBER	4.53%	+0.37	+0.45	+0.40	+0.40
BABA	4.51%	+0.32	+0.37	+0.30	+0.30
AVGO	4.42%	+0.61	+0.66	+0.57	+0.44
MSFT	4.31%	+0.54	+0.65	+0.75	+0.40
AMZN	4.1%	+0.63	+0.68	+0.75	+0.32
MU	3.92%	+0.63	+0.63	+0.47	+0.25
PLTR	3.77%	+0.49	+0.49	+0.32	+0.32
TSLA	3.36%	+0.54	+0.54	+0.54	+0.43
TSM	3.15%	+0.67	+0.68	+0.66	+0.37
PDD	3.09%	+0.29	+0.32	+0.13	+0.13
GOOGL	3.05%	+0.51	+0.60	+0.65	+0.36
PANW	2.92%	+0.48	+0.44	+0.47	+0.41
ORCL	2.89%	+0.53	+0.53	+0.60	+0.32
AMAT	2.77%	+0.65	+0.70	+0.59	+0.37
ARM	2.77%	+0.60	+0.40	+0.29	+0.29
CRM	2.75%	+0.53	+0.56	+0.67	+0.36
ASML	2.73%	+0.57	+0.68	+0.71	+0.35
NOW	2.62%	+0.49	+0.59	+0.59	+0.49
QCOM	2.56%	+0.61	+0.65	+0.51	+0.35
AAPL	2.28%	+0.41	+0.56	+0.69	+0.30
ADBE	2.27%	+0.44	+0.56	+0.70	+0.37

Portfolio Correlation Matrix

Asset	NVDA	AMD	META	NFLX	UBER	BABA	AVGO	MSFT	AMZN	MU	PLTR	TSLA	TSM	PDD	GOOGL	PANW	ORCL	AMAT	ARM	CRM	ASML	NOW	QCOM	AAPL	ADBE
NVDA	1.00	0.69	0.45	0.44	0.37	0.22	0.63	0.59	0.52	0.59	0.43	0.40	0.70	0.21	0.49	0.37	0.48	0.68	0.38	0.42	0.66	0.49	0.60	0.45	0.44
AMD	0.69	1.00	0.48	0.43	0.41	0.28	0.54	0.55	0.53	0.55	0.43	0.42	0.62	0.24	0.52	0.32	0.39	0.69	0.33	0.44	0.67	0.46	0.62	0.49	0.45
META	0.45	0.48	1.00	0.42	0.39	0.24	0.39	0.58	0.61	0.39	0.36	0.32	0.43	0.18	0.54	0.30	0.29	0.46	0.22	0.41	0.46	0.38	0.41	0.46	0.43
NFLX	0.44	0.43	0.42	1.00	0.34	0.23	0.36	0.46	0.47	0.33	0.39	0.34	0.37	0.19	0.39	0.29	0.33	0.41	0.19	0.41	0.48	0.47	0.42	0.41	0.39
UBER	0.37	0.41	0.39	0.34	1.00	0.29	0.28	0.36	0.42	0.33	0.41	0.26	0.36	0.22	0.33	0.27	0.25	0.41	0.24	0.38	0.42	0.39	0.40	0.33	0.33
BABA	0.22	0.28	0.24	0.23	0.29	1.00	0.20	0.18	0.24	0.30	0.21	0.22	0.29	0.60	0.25	0.08	0.15	0.29	0.12	0.18	0.31	0.17	0.31	0.26	0.18
AVGO	0.63	0.54	0.39	0.36	0.28	0.20	1.00	0.48	0.46	0.61	0.38	0.39	0.66	0.20	0.40	0.34	0.46	0.66	0.40	0.36	0.61	0.40	0.59	0.41	0.40
MSFT	0.59	0.55	0.58	0.46	0.36	0.18	0.48	1.00	0.67	0.42	0.39	0.37	0.49	0.16	0.63	0.41	0.48	0.53	0.25	0.52	0.54	0.60	0.48	0.60	0.55
AMZN	0.52	0.53	0.61	0.47	0.42	0.24	0.46	0.67	1.00	0.43	0.43	0.43	0.45	0.21	0.64	0.38	0.40	0.52	0.25	0.52	0.53	0.57	0.49	0.52	0.52
MU	0.59	0.55	0.39	0.33	0.33	0.30	0.61	0.42	0.43	1.00	0.34	0.32	0.59	0.25	0.38	0.27	0.40	0.66	0.40	0.35	0.60	0.34	0.61	0.37	0.35
PLTR	0.43	0.43	0.36	0.39	0.41	0.21	0.38	0.39	0.43	0.34	1.00	0.44	0.39	0.20	0.36	0.35	0.32	0.37	0.28	0.35	0.37	0.42	0.38	0.35	0.32
TSLA	0.40	0.42	0.32	0.34	0.26	0.22	0.39	0.37	0.43	0.32	0.44	1.00	0.36	0.17	0.39	0.33	0.30	0.38	0.25	0.34	0.36	0.37	0.41	0.45	0.28
TSM	0.70	0.62	0.43	0.37	0.36	0.29	0.66	0.49	0.45	0.59	0.39	0.36	1.00	0.25	0.42	0.29	0.45	0.69	0.46	0.38	0.71	0.45	0.63	0.42	0.40
PDD	0.21	0.24	0.18	0.19	0.22	0.60	0.20	0.16	0.21	0.25	0.20	0.17	0.25	1.00	0.20	0.14	0.12	0.25	0.11	0.15	0.25	0.15	0.27	0.17	0.15
GOOGL	0.49	0.52	0.54	0.39	0.33	0.25	0.40	0.63	0.64	0.38	0.36	0.39	0.42	0.20	1.00	0.31	0.34	0.46	0.22	0.42	0.45	0.44	0.45	0.54	0.48
PANW	0.37	0.32	0.30	0.29	0.27	0.08	0.34	0.41	0.38	0.27	0.35	0.33	0.29	0.14	0.31	1.00	0.33	0.34	0.21	0.42	0.32	0.49	0.32	0.36	0.37
ORCL	0.48	0.39	0.29	0.33	0.25	0.15	0.46	0.48	0.40	0.40	0.32	0.30	0.45	0.12	0.34	0.33	1.00	0.42	0.29	0.36	0.40	0.43	0.36	0.33	0.37
AMAT	0.68	0.69	0.46	0.41	0.41	0.29	0.66	0.53	0.52	0.66	0.37	0.38	0.69	0.25	0.46	0.34	0.42	1.00	0.42	0.43	0.84	0.46	0.72	0.48	0.44
ARM	0.38	0.33	0.22	0.19	0.24	0.12	0.40	0.25	0.25	0.40	0.28	0.25	0.46	0.11	0.22	0.21	0.29	0.42	1.00	0.21	0.39	0.22	0.43	0.25	0.14
CRM	0.42	0.44	0.41	0.41	0.38	0.18	0.36	0.52	0.52	0.35	0.35	0.34	0.38	0.15	0.42	0.42	0.36	0.43	0.21	1.00	0.43	0.67	0.43	0.42	0.54
ASML	0.66	0.67	0.46	0.48	0.42	0.31	0.61	0.54	0.53	0.60	0.37	0.36	0.71	0.25	0.45	0.32	0.40	0.84	0.39	0.43	1.00	0.47	0.69	0.49	0.44
NOW	0.49	0.46	0.38	0.47	0.39	0.17	0.40	0.60	0.57	0.34	0.42	0.37	0.45	0.15	0.44	0.49	0.43	0.46	0.22	0.67	0.47	1.00	0.44	0.43	0.57
QCOM	0.60	0.62	0.41	0.42	0.40	0.31	0.59	0.48	0.49	0.61	0.38	0.41	0.63	0.27	0.45	0.32	0.36	0.72	0.43	0.43	0.69	0.44	1.00	0.55	0.44
AAPL	0.45	0.49	0.46	0.41	0.33	0.26	0.41	0.60	0.52	0.37	0.35	0.45	0.42	0.17	0.54	0.36	0.33	0.48	0.25	0.42	0.49	0.43	0.55	1.00	0.46
ADBE	0.44	0.45	0.43	0.39	0.33	0.18	0.40	0.55	0.52	0.35	0.32	0.28	0.40	0.15	0.48	0.37	0.37	0.44	0.14	0.54	0.44	0.57	0.44	0.46	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.