BTA Beacon Tactical Alternatives Risk ETF

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

BTA vs MYI

Both indexed to 100 at 2026-05-11.

BTA MYI · range 88–268 · 2026-05-11 → 2026-11-06

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

MYI BLACKROCK MUNIYIELD QUALITY FUND III, INC.

ρ +0.38beyond mkt +0.26holdout +0.04stable 62%moderate

MPA BLACKROCK MUNIYIELD PENNSYLVANIA QUALITY FUND

ρ +0.36beyond mkt +0.23holdout +0.00stable 62%moderate

PML PIMCO MUNICIPAL INCOME FUND II COMMON SHARES OF BENEFICIAL INT.

ρ +0.35beyond mkt +0.22holdout +0.02stable 62%moderate

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

MHF Western Asset Municipal High Income Fund, Inc

horizon 10dρ +0.51holdout +0.05stable 50%moderate

VMO Invesco Municipal Opportunity Trust

horizon 5dρ +0.44holdout +0.03stable 62%moderate

PAHC Phibro Animal Health Corporation Class A Common Stock

horizon 10dρ +0.43holdout +0.23stable 25%moderate

BSMR Invesco Exchange-Traded Self-Indexed Fund Trust Invesco BulletShares 2027 Municipal Bond ETF

horizon 5dρ +0.41holdout +0.02stable 50%moderate

SBI Western Asset Intermediate Muni Fund, Inc.

horizon 10dρ +0.41holdout +0.02stable 62%moderate

WRB.PRF W.R. Berkley Corporation 5.10% Subordinated Debentures due 2059

horizon 10dρ +0.41holdout +0.00stable 62%moderate

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

CTA Simplify Managed Futures Strategy ETF

Δ +0.90recent +0.82prior -0.07beyond mkt +0.07

RXI iShares Global Consumer Discretionary ETF

Δ -0.82recent -0.63prior +0.19beyond mkt -0.02

HARD Simplify Commodities Strategy No K-1 ETF

Δ +0.80recent +0.78prior -0.01beyond mkt +0.10

QQXT First Trust NASDAQ-100 Ex-Technology Sector Index Fund

Δ -0.79recent -0.58prior +0.21beyond mkt -0.06

PDBC Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Δ +0.78recent +0.78prior -0.01beyond mkt +0.07

MUA Blackrock Muni Assets Fund, Inc.

Δ -0.75recent -0.31prior +0.44beyond mkt +0.21