BBP Virtus Biotech ETF

Last close: 102.32
504-day return: +58.84%
Median $/day: $238k
Relationships shown: 12

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

BBP vs XBI

Both indexed to 100 at 2026-05-11.

BBP XBI · range 94–126 · 2026-05-11 → 2026-11-06

Moves with BBP

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

XBI State Street SPDR S&P Biotech ETF

ρ +0.93beyond mkt +0.63holdout +0.92stable 100%robust

IBB iShares Biotechnology ETF

ρ +0.89beyond mkt +0.54holdout +0.91stable 100%robust

IDNA iShares Genomics Immunology and Healthcare ETF

ρ +0.88beyond mkt +0.46holdout +0.89stable 100%robust

PBE Invesco Biotechnology & Genome ETF

ρ +0.82beyond mkt +0.44holdout +0.83stable 100%robust

FBT First Trust NYSE Arca Biotechnology Index Fund

ρ +0.80beyond mkt +0.35holdout +0.80stable 100%robust

CANC Tema ETF Trust Tema Oncology ETF

ρ +0.83beyond mkt +0.32holdout +0.87stable 100%robust

Moves against BBP

TAIL Cambria Tail Risk ETF

ρ -0.30beyond mkt +0.05holdout -0.18stable 75%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.36beyond mkt +0.05holdout -0.34stable 100%robust

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

ρ -0.40beyond mkt -0.03holdout -0.41stable 100%robust

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

ρ -0.44beyond mkt +0.02holdout -0.42stable 100%robust

Weekly, not daily

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

KURE KraneShares MSCI All China Health Care Index ETF

horizon 10dρ +0.49holdout +0.54stable 88%robust

DHY UBS Asset Management High Yield Credit Fund

horizon 5dρ +0.30holdout +0.40stable 88%robust

Changed this quarter

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

EBMT Eagle Bancorp Montana, Inc. Common Stock

Δ -0.60recent -0.37prior +0.24beyond mkt +0.04

HZO MarineMax, Inc.

Δ -0.60recent -0.23prior +0.36beyond mkt -0.02

PKE Park Aerospace Corp. Common Stock

Δ -0.57recent -0.20prior +0.37beyond mkt +0.03

OBT Orange County Bancorp, Inc. Common Stock

Δ -0.56recent -0.33prior +0.23beyond mkt +0.04

CDRE Cadre Holdings, Inc.

Δ -0.54recent -0.19prior +0.35beyond mkt +0.05

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.53recent -0.36prior +0.18beyond mkt -0.01

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
XBI State Street SPDR S&P Biotech ETF	+0.63	+0.93	15
IBB iShares Biotechnology ETF	+0.54	+0.89	13
PBE Invesco Biotechnology & Genome ETF	+0.44	+0.82	12
IDNA iShares Genomics Immunology and Healthcare ETF	+0.46	+0.88	13
FBT First Trust NYSE Arca Biotechnology Index Fund	+0.35	+0.80	10