New to Correlations?

Correlations shows what moves together and what moves apart — a matrix for building diversified or hedged exposure, where green means two assets tend to move together and red means they tend to move opposite.

• Pair positives for theme exposure, or pair negatives to hedge; the rebased chart compares % performance, not raw price
• Correlation isn't causation, and it drifts over time — a recent window can look very different from a long one
• A relationship that holds today can break tomorrow, so revisit it rather than assuming it's fixed