CEFS Saba Opportunistically Hedged Closed-End Funds ETF

Last close: 23.22
504-day return: +25.24%
Median $/day: $1.6M
Relationships shown: 17
Leader rank: #1030

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

CEFS vs NBXG

Both indexed to 100 at 2026-05-11.

CEFS NBXG · range 91–114 · 2026-05-11 → 2026-11-06

Follows CEFS

These tend to repeat CEFS's moves later.

ERC Allspring Multi-Sector Income Fund

lag 1dρ +0.21holdout +0.12stable 88%$/day $680krobust

Moves with CEFS

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

NBXG Neuberger Next Generation Connectivity Fund Inc.

ρ +0.67beyond mkt +0.27holdout +0.77stable 100%robust

ECAT BlackRock ESG Capital Allocation Term Trust

ρ +0.62beyond mkt +0.25holdout +0.64stable 100%robust

IDE VOYA INFRASTRUCTURE, INDUSTRIALS AND MATERIALS FUND

ρ +0.56beyond mkt +0.25holdout +0.71stable 88%robust

BTX BlackRock Technology and Private Equity Term Trust

ρ +0.64beyond mkt +0.25holdout +0.77stable 100%robust

CHW Calamos Global Dynamic Income Fund Common Stock

ρ +0.63beyond mkt +0.19holdout +0.67stable 100%robust

PHK PIMCO High Income Fund

ρ +0.30beyond mkt +0.10holdout +0.35stable 75%robust

Moves against CEFS

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.41beyond mkt +0.11holdout -0.39stable 100%robust

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

ρ -0.52beyond mkt +0.04holdout -0.54stable 100%robust

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

ρ -0.55beyond mkt +0.04holdout -0.72stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.44beyond mkt +0.01holdout -0.42stable 88%robust

Weekly, not daily

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

MMT Aberdeen Multi-Market Income Fund

horizon 10dρ +0.52holdout +0.37stable 62%moderate

CLOB VanEck AA-BB CLO ETF

horizon 10dρ +0.46holdout +0.54stable 38%moderate

BGDE Big Digital Energy, Inc. Common Stock

horizon 10dρ +0.46holdout +0.59stable 50%moderate

CNVS Cineverse Corp. Class A Common Stock

horizon 10dρ +0.45holdout +0.65stable 75%robust

BNJ Brookfield Finance I (UK) plc 4.50% Perpetual Subordinated Notes

horizon 10dρ +0.44holdout +0.45stable 88%robust

SRV NXG Cushing Midstream Energy Fund

horizon 10dρ +0.44holdout +0.29stable 38%moderate

Changed this quarter

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

PWV Invesco Large Cap Value ETF

Δ -0.63recent -0.22prior +0.41beyond mkt +0.03

DIVB iShares Core Dividend ETF

Δ -0.60recent -0.17prior +0.43beyond mkt +0.01

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.59recent -0.24prior +0.35beyond mkt -0.10

EQIN Columbia U.S. Equity Income ETF

Δ -0.58recent -0.19prior +0.39beyond mkt -0.02

HDV iShares Core High Dividend ETF

Δ -0.55recent -0.41prior +0.14beyond mkt -0.04

ARCC Ares Capital Corporation Common Stock

Δ -0.55recent -0.17prior +0.38beyond mkt +0.06