CGW Invesco S&P Global Water Index ETF

Last close: 64.80
504-day return: +17.41%
Median $/day: $1.6M
Relationships shown: 13
Leader rank: #675

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

CGW vs FIW

Both indexed to 100 at 2026-05-11.

CGW FIW · range 95–114 · 2026-05-11 → 2026-11-06

Follows CGW

These tend to repeat CGW's moves later.

RGCO RGC Resources Inc. Common Stock

lag 1dρ -0.21holdout -0.21stable 88%$/day $228krobust

Moves with CGW

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

FIW First Trust Water ETF

ρ +0.82beyond mkt +0.54holdout +0.84stable 100%robust

PIO Invesco Exchange-Traded Fund Trust II Invesco Global Water ETF

ρ +0.83beyond mkt +0.52holdout +0.85stable 100%robust

XYL Xylem Inc

ρ +0.68beyond mkt +0.39holdout +0.72stable 100%robust

SBS COMPANHIA DE SANEAMENTO B SICO DO ESTADO DE SAO PAULO-SABESP ADS'S

ρ +0.49beyond mkt +0.38holdout +0.52stable 100%robust

AWR American States Water Company

ρ +0.42beyond mkt +0.36holdout +0.34stable 100%robust

EVX VanEck Environmental Services ETF

ρ +0.74beyond mkt +0.33holdout +0.79stable 100%robust

Moves against CGW

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.38beyond mkt -0.07holdout -0.47stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.41beyond mkt -0.02holdout -0.44stable 100%robust

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

ρ -0.47beyond mkt -0.02holdout -0.48stable 100%robust

Weekly, not daily

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

PGP PIMCO Global StockPLUS & Income Fund

horizon 10dρ +0.52holdout +0.58stable 75%robust

PCF High Income Securities Fund

horizon 10dρ +0.36holdout +0.26stable 88%robust

CRIS Curis, Inc. Common Stock

horizon 5dρ +0.33holdout +0.16stable 75%moderate

Changed this quarter

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

ARW Arrow Electronics, Inc.

Δ -0.69recent -0.20prior +0.49beyond mkt -0.00

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.68recent -0.46prior +0.22beyond mkt +0.03

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.68recent -0.55prior +0.12beyond mkt -0.06

AVT Avnet, Inc. Common Stock

Δ -0.67recent -0.18prior +0.49beyond mkt +0.03

MSM MSC Industrial Direct Co., Inc. Class A

Δ -0.66recent -0.16prior +0.51beyond mkt +0.02

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.64recent -0.34prior +0.30beyond mkt -0.06

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
FIW First Trust Water ETF	+0.54	+0.82	8
PIO Invesco Exchange-Traded Fund Trust II Invesco Global Water ETF	+0.52	+0.83	9
XYL Xylem Inc	+0.39	+0.68	6
SBS COMPANHIA DE SANEAMENTO B SICO DO ESTADO DE SAO PAULO-SABESP ADS'S	+0.38	+0.49	8
AWR American States Water Company	+0.36	+0.42	7