CAF MORGAN STANLEY CHINA A SHARE FUND, INC

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

CAF vs ASHR

Both indexed to 100 at 2026-05-11.

CAF ASHR · range 78–107 · 2026-05-11 → 2026-11-06

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

ASHR Xtrackers Harvest CSI 300 China A-Shares ETF

ρ +0.71beyond mkt +0.61holdout +0.71stable 100%robust

CXSE WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund

ρ +0.68beyond mkt +0.55holdout +0.65stable 100%robust

TDF Templeton Dragon Fund

ρ +0.65beyond mkt +0.53holdout +0.62stable 100%robust

CNXT VanEck ChiNext Innovators ETF

ρ +0.64beyond mkt +0.52holdout +0.63stable 100%robust

CQQQ Invesco China Technology ETF

ρ +0.64beyond mkt +0.50holdout +0.65stable 100%robust

KSTR KraneShares China Technology & Semiconductor STAR 50 Index ETF

ρ +0.54beyond mkt +0.40holdout +0.60stable 100%robust

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

DTG DTE Energy Company 2021 Series E 4.375% Junior Subordinated Debentures

horizon 10dρ +0.42holdout +0.46stable 75%robust

UROY Uranium Royalty Corp. Common Stock

horizon 10dρ +0.37holdout +0.18stable 75%moderate

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

PM Philip Morris International Inc.

Δ -0.45recent -0.47prior -0.02beyond mkt -0.01

E ENI S.p.A.

Δ -0.45recent -0.36prior +0.09beyond mkt -0.09

LYB LyondellBasell Industries N.V. Class A

Δ -0.42recent -0.31prior +0.12beyond mkt +0.04

TTE TotalEnergies SE

Δ -0.41recent -0.34prior +0.07beyond mkt -0.05

AEF abrdn Emerging Markets ex-China Fund, Inc.

Δ -0.41recent +0.09prior +0.49beyond mkt +0.16

WYY WidePoint Corporation

Δ -0.39recent -0.30prior +0.09beyond mkt -0.01

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

Symbol	beyond mkt	raw ρ	shared
LIT Global X Lithium & Battery Tech ETF	+0.36	+0.55	11
BKF iShares MSCI BIC ETF	+0.40	+0.57	18
KTEC KraneShares Hang Seng TECH Index ETF	+0.40	+0.55	18
FXI iShares China Large-Cap ETF	+0.40	+0.54	19
TDF Templeton Dragon Fund	+0.53	+0.65	22
CNXT VanEck ChiNext Innovators ETF	+0.52	+0.64	22