ARP PMV Adaptive Risk Parity ETF

Last close: 32.75
504-day return: +28.28%
Median $/day: $121k
Relationships shown: 14

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

ARP vs GDE

Both indexed to 100 at 2026-05-11.

ARP GDE · range 84–103 · 2026-05-11 → 2026-11-06

Moves with ARP

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

GDE WisdomTree Efficient Gold Plus Equity Strategy Fund

ρ +0.81beyond mkt +0.54holdout +0.71stable 100%robust

EDGH 3EDGE Dynamic Hard Assets ETF

ρ +0.64beyond mkt +0.50holdout +0.58stable 100%robust

AHLT American Beacon AHL Trend ETF

ρ +0.64beyond mkt +0.50holdout +0.40stable 100%robust

GLD SPDR Gold Trust, SPDR Gold Shares

ρ +0.63beyond mkt +0.49holdout +0.58stable 100%robust

DBMF iMGP DBi Managed Futures Strategy ETF

ρ +0.57beyond mkt +0.48holdout +0.32stable 100%robust

RSST Return Stacked U.S. Stocks & Managed Futures ETF

ρ +0.75beyond mkt +0.46holdout +0.75stable 100%robust

Moves against ARP

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.46beyond mkt +0.12holdout -0.57stable 88%robust

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.52beyond mkt +0.10holdout -0.66stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.39beyond mkt +0.07holdout -0.48stable 88%robust

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.38beyond mkt -0.05holdout -0.44stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.40beyond mkt +0.04holdout -0.44stable 88%robust

Weekly, not daily

No day-to-day relationship, but 5- or 10-day returns move together.

DRUG Bright Minds Biosciences Inc. Common Stock

horizon 10dρ +0.41holdout +0.50stable 75%robust

PHK PIMCO High Income Fund

horizon 5dρ +0.33holdout +0.37stable 75%robust

PAWZ ProShares Pet Care ETF

horizon 5dρ +0.32holdout +0.03stable 75%moderate

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

TPR Tapestry, Inc. Common Stock

Δ -0.58recent -0.26prior +0.33beyond mkt -0.06

AQN Algonquin Power & Utilities Corp

Δ -0.50recent -0.31prior +0.19beyond mkt -0.11

MIDD Middleby Corporation (The) Common Stock

Δ -0.49recent -0.18prior +0.32beyond mkt -0.03

NWN Northwest Natural Holding Company

Δ -0.47recent -0.48prior -0.01beyond mkt +0.03

TILE Interface, Inc. Common Stock

Δ -0.46recent -0.12prior +0.34beyond mkt +0.10

PAWZ ProShares Pet Care ETF

Δ -0.46recent -0.14prior +0.32beyond mkt +0.06

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
QVOY Q3 All-Season Active Rotation ETF	+0.42	+0.78	6
TRTY Cambria Trinity ETF	+0.35	+0.79	6
RSBT Return Stacked Bonds & Managed Futures ETF	+0.41	+0.61	11
RSST Return Stacked U.S. Stocks & Managed Futures ETF	+0.46	+0.75	13
GLD SPDR Gold Trust, SPDR Gold Shares	+0.49	+0.63	18
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	+0.54	+0.81	20