Question: The following correlation matrix gives the correlation coefficients for several sectors within the S&P 500. What can you conclude concerning investing in the sectors to

The following correlation matrix gives the correlation coefficients for several sectors within the S&P 500. What can you conclude concerning investing in the sectors to diversify aportfolio?

Consumer Health Staples Financials C Uilites Utilities Consumer Staples Financials Health Care Utilities 1.00 0.72 0.69 0.31 1.00 0.59 0.36 1.00 0.23 1.00

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