BAX Baxter International Inc.

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

BAX vs XHE

Both indexed to 100 at 2026-05-11.

BAX XHE · range 99–162 · 2026-05-11 → 2026-11-06

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

XHE State Street SPDR S&P Health Care Equipment ETF

ρ +0.59beyond mkt +0.33holdout +0.67stable 100%robust

IHI iShares U.S. Medical Devices ETF

ρ +0.56beyond mkt +0.31holdout +0.59stable 100%robust

ICUI ICU Medical, Inc. Common Stock

ρ +0.51beyond mkt +0.26holdout +0.66stable 100%robust

GEHC GE HealthCare Technologies Inc. Common Stock

ρ +0.56beyond mkt +0.25holdout +0.59stable 100%robust

CNMD CONMED Corporation

ρ +0.52beyond mkt +0.24holdout +0.50stable 100%robust

TFX Teleflex Incorporated

ρ +0.53beyond mkt +0.24holdout +0.36stable 100%robust

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

ARW Arrow Electronics, Inc.

horizon 10dρ +0.41holdout +0.10stable 75%moderate

AMRX Amneal Pharmaceuticals, Inc. Class A Common Stock

horizon 10dρ +0.40holdout +0.25stable 88%robust

VGI VIRTUS GLOBAL MULTI-SECTOR INCOME FUND

horizon 10dρ +0.37holdout +0.43stable 62%moderate

TXN Texas Instruments Incorporated Common Stock

horizon 10dρ +0.37holdout +0.08stable 75%moderate

GBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

horizon 10dρ +0.36holdout +0.49stable 75%robust

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

HZO MarineMax, Inc.

Δ -0.67recent -0.29prior +0.38beyond mkt +0.03

QVMT Invesco S&P 500 Concentrated QVM ETF

Δ -0.57recent -0.14prior +0.43beyond mkt +0.07

REXR REXFORD INDUSTRIAL REALTY, INC.

Δ -0.56recent -0.11prior +0.45beyond mkt +0.01

PLD PROLOGIS, INC.

Δ -0.52recent -0.03prior +0.49beyond mkt +0.07

ASH Ashland Inc.

Δ -0.51recent -0.05prior +0.46beyond mkt +0.03

RYN Rayonier Inc.

Δ -0.51recent -0.05prior +0.46beyond mkt +0.04