This makes a great case for Trump as he achieved his numbers without 4 TRILLION in QA and in a market that was already at all time highs. Also the only 2 that matter on that list are SPY and DIA. The rest are subsets of those 2 and are therefore highly correlated. The only list that would be relevant to 99% of everyone is SPY, DIA, IWM, (which each have a correlation over .8) TLT, USO, EEM, (which each have a much lower or negative correlation to S/P) and I suspect the last three are gonna make Trump look even better.