CDX Simplify High Yield ETF

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

CDX vs HYG

Both indexed to 100 at 2026-05-11.

CDX HYG · range 97–101 · 2026-05-11 → 2026-11-06

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

HYG iShares iBoxx $ High Yield Corporate Bond ETF

ρ +0.50beyond mkt +0.24holdout +0.57stable 100%robust

BSJQ Invesco BulletShares 2026 High Yield Corporate Bond ETF

ρ +0.44beyond mkt +0.23holdout +0.45stable 100%robust

HYDW Xtrackers Low Beta High Yield Bond ETF

ρ +0.47beyond mkt +0.18holdout +0.56stable 88%robust

IBHF iShares iBonds 2026 Term High Yield and Income ETF

ρ +0.30beyond mkt +0.12holdout +0.21stable 75%robust

BINC iShares Flexible Income Active ETF

ρ +0.44beyond mkt +0.10holdout +0.50stable 88%robust

SBND Columbia Short Duration Bond ETF

ρ +0.34beyond mkt +0.04holdout +0.46stable 75%robust

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

ρ -0.32beyond mkt -0.08holdout -0.43stable 62%moderate

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

IDE VOYA INFRASTRUCTURE, INDUSTRIALS AND MATERIALS FUND

horizon 10dρ +0.38holdout +0.48stable 62%moderate

NMZ Nuveen Municipal High Income Opportunity Fund

horizon 10dρ +0.36holdout +0.45stable 62%moderate

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

ERIE Erie Indemnity Company Class A Common Stock

Δ -0.62recent -0.46prior +0.17beyond mkt +0.09

MMYT MakeMyTrip Limited Ordinary Shares

Δ -0.59recent -0.39prior +0.20beyond mkt +0.02

MDT Medtronic plc

Δ -0.57recent -0.38prior +0.19beyond mkt +0.05

IDXX IDEXX Laboratories, Inc. Common Stock

Δ -0.56recent -0.31prior +0.24beyond mkt +0.06

ALC Alcon Inc. Ordinary Shares

Δ -0.55recent -0.40prior +0.15beyond mkt -0.09

BR Broadridge Financial Solutions Inc

Δ -0.54recent -0.39prior +0.15beyond mkt +0.08