BEPC Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares

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

Same exposure: BEP move almost identically to BEPC (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.

BEPC vs CWEN

Both indexed to 100 at 2026-05-11.

BEPC CWEN · range 76–108 · 2026-05-11 → 2026-11-06

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

CWEN Clearway Energy, Inc. Class C Common Stock

ρ +0.61beyond mkt +0.49holdout +0.65stable 100%robust

CNRG State Street SPDR S&P Kensho Grid Innovation ETF

ρ +0.57beyond mkt +0.38holdout +0.56stable 100%robust

TAN Invesco Solar ETF

ρ +0.55beyond mkt +0.37holdout +0.58stable 100%robust

ORA Ormat Technologies, Inc.

ρ +0.49beyond mkt +0.34holdout +0.46stable 100%robust

PBW Invesco WilderHill Clean Energy ETF

ρ +0.53beyond mkt +0.32holdout +0.54stable 100%robust

ICLN iShares Global Clean Energy ETF

ρ +0.53beyond mkt +0.31holdout +0.53stable 100%robust

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

ρ -0.38beyond mkt -0.05holdout -0.53stable 100%robust

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

ρ -0.32beyond mkt -0.04holdout -0.38stable 88%robust

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

BKT BlackRock Income Trust Inc.

horizon 10dρ +0.38holdout +0.59stable 62%moderate

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

MEOH Methanex Corporation Common Stock

Δ -0.56recent -0.43prior +0.14beyond mkt -0.01

NPV Nuveen Virginia Quality Municipal Income Fund

Δ +0.55recent +0.66prior +0.11beyond mkt +0.03

E ENI S.p.A.

Δ -0.53recent -0.37prior +0.17beyond mkt +0.03

XOM ExxonMobil Holdings Corporation

Δ -0.53recent -0.51prior +0.02beyond mkt -0.06

VET VERMILION ENERGY INC.

Δ -0.53recent -0.38prior +0.14beyond mkt +0.06

OXY Occidental Petroleum Corporation

Δ -0.52recent -0.45prior +0.07beyond mkt +0.02

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

Symbol	beyond mkt	raw ρ	shared
CWEN Clearway Energy, Inc. Class C Common Stock	+0.49	+0.61	19
CNRG State Street SPDR S&P Kensho Grid Innovation ETF	+0.38	+0.57	22
TAN Invesco Solar ETF	+0.37	+0.55	25