CION CION Investment Corporation

Last close: 6.29
504-day return: -26.03%
Median $/day: $2.7M
Relationships shown: 12

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

CION vs PBDC

Both indexed to 100 at 2026-05-11.

CION PBDC · range 90–118 · 2026-05-11 → 2026-11-06

Moves with CION

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

PBDC Putnam BDC Income ETF

ρ +0.73beyond mkt +0.58holdout +0.79stable 100%robust

VPC Virtus Private Credit Strategy ETF

ρ +0.70beyond mkt +0.54holdout +0.80stable 100%robust

BBDC Barings BDC, Inc.

ρ +0.68beyond mkt +0.52holdout +0.74stable 100%robust

FSK FS KKR Capital Corp. Common Stock

ρ +0.66beyond mkt +0.51holdout +0.70stable 100%robust

TCPC BlackRock TCP Capital Corp. Common Stock

ρ +0.64beyond mkt +0.51holdout +0.68stable 100%robust

BCSF Bain Capital Specialty Finance, Inc.

ρ +0.66beyond mkt +0.49holdout +0.72stable 100%robust

Moves against CION

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

ρ -0.33beyond mkt +0.03holdout -0.33stable 100%robust

Weekly, not daily

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

PCF High Income Securities Fund

horizon 10dρ +0.54holdout +0.65stable 75%robust

PAL Proficient Auto Logistics, Inc. Common Stock

horizon 10dρ +0.43holdout +0.39stable 88%robust

DOYU DouYu International Holdings Limited ADS

horizon 10dρ +0.38holdout +0.31stable 50%moderate

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

horizon 10dρ +0.36holdout +0.48stable 62%moderate

SQM Sociedad Quimica y Minera de Chile SA

horizon 10dρ +0.35holdout +0.43stable 50%moderate

Changed this quarter

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

GRC The Gorman-Rupp Company Common Shares

Δ -0.52recent -0.15prior +0.37beyond mkt +0.05

OBE Obsidian Energy Ltd.

Δ -0.49recent -0.38prior +0.11beyond mkt +0.00

DOYU DouYu International Holdings Limited ADS

Δ -0.48recent -0.31prior +0.17beyond mkt -0.05

MATH Metalpha Technology Holding Limited Ordinary Shares

Δ -0.47recent -0.38prior +0.09beyond mkt -0.04

MEOH Methanex Corporation Common Stock

Δ -0.46recent -0.33prior +0.14beyond mkt -0.02

PAAA PGIM AAA CLO ETF

Δ -0.45recent -0.32prior +0.13beyond mkt -0.04

Traded with CION

Abnormal volume rises and falls on the same days as CION's, while prices do not move together: the same hands, not the same business.

Symbol	traded together ρ	big prints together ρ	priced together ρ	q
VG Venture Global, Inc.	+0.33	+0.13	-0.04	6e-11
HFFG HF Foods Group Inc. Common Stock	+0.32	-0.09	-0.02	6e-10
UAN CVR Partners, LP	+0.30	+0.06	+0.08	8e-9
ACTG Acacia Research Corporation (Acacia Tech) Common Stock	+0.31	+0.03	+0.10	3e-9

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
KBWD Invesco Exchange-Traded Fund Trust II Invesco KBW High Dividend Yield Financial ETF	+0.48	+0.68	18
VPC Virtus Private Credit Strategy ETF	+0.54	+0.70	26
FSK FS KKR Capital Corp. Common Stock	+0.51	+0.66	26
TCPC BlackRock TCP Capital Corp. Common Stock	+0.51	+0.64	26
OCSL Oaktree Specialty Lending Corporation Common Stock	+0.46	+0.63	26
BBDC Barings BDC, Inc.	+0.52	+0.68	27