BMY Bristol-Myers Squibb Co.

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

BMY vs PFE

Both indexed to 100 at 2026-05-11.

BMY PFE · range 92–124 · 2026-05-11 → 2026-11-06

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

PFE Pfizer Inc.

ρ +0.62beyond mkt +0.37holdout +0.64stable 100%robust

PPH VanEck Pharmaceutical ETF

ρ +0.67beyond mkt +0.35holdout +0.68stable 100%robust

PJP Invesco Pharmaceuticals ETF

ρ +0.63beyond mkt +0.29holdout +0.59stable 100%robust

SCHD Schwab US Dividend Equity ETF

ρ +0.53beyond mkt +0.27holdout +0.54stable 100%robust

NVS Novartis AG

ρ +0.58beyond mkt +0.26holdout +0.66stable 100%robust

IHE iShares U.S. Pharmaceuticals ETF

ρ +0.62beyond mkt +0.26holdout +0.61stable 100%robust

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

AHLT American Beacon AHL Trend ETF

Δ -0.59recent -0.55prior +0.04beyond mkt +0.01

KMLM KraneShares Mount Lucas Managed Futures Index Strategy ETF

Δ -0.58recent -0.54prior +0.04beyond mkt +0.07

RELL Richardson Electronics, Ltd. Common Stock

Δ -0.56recent -0.42prior +0.14beyond mkt +0.05

FORM FormFactor, Inc. FormFactor, Inc. Common Stock

Δ -0.54recent -0.46prior +0.07beyond mkt +0.07

CHWY Chewy, Inc.

Δ +0.53recent +0.58prior +0.05beyond mkt -0.01

TH Target Hospitality Corp. Common Stock

Δ -0.53recent -0.44prior +0.08beyond mkt +0.02

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

Symbol	beyond mkt	raw ρ	shared	isolation
PFE Pfizer Inc.	+0.37	+0.62	21