CNRG State Street SPDR S&P Kensho Grid Innovation ETF

Last close: 80.01
504-day return: +31.42%
Median $/day: $738k
Relationships shown: 13
Leader rank: #929

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

Same exposure: CTEC move almost identically to CNRG (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.

CNRG vs TAN

Both indexed to 100 at 2026-05-11.

CNRG TAN · range 64–117 · 2026-05-11 → 2026-11-06

Follows CNRG

These tend to repeat CNRG's moves later.

BCV Bancroft Fund Ltd.

lag 1dρ +0.21holdout +0.17stable 88%$/day $290krobust

Moves with CNRG

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

TAN Invesco Solar ETF

ρ +0.88beyond mkt +0.81holdout +0.90stable 100%robust

PBW Invesco WilderHill Clean Energy ETF

ρ +0.91beyond mkt +0.77holdout +0.91stable 100%robust

ICLN iShares Global Clean Energy ETF

ρ +0.87beyond mkt +0.76holdout +0.93stable 100%robust

RUN Sunrun Inc. Common Stock

ρ +0.69beyond mkt +0.62holdout +0.66stable 100%robust

PBD Invesco Global Clean Energy ETF

ρ +0.84beyond mkt +0.61holdout +0.85stable 100%robust

ARRY Array Technologies, Inc. Common Stock

ρ +0.68beyond mkt +0.60holdout +0.77stable 100%robust

Moves against CNRG

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

ρ -0.68beyond mkt -0.07holdout -0.81stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.46beyond mkt -0.06holdout -0.39stable 100%robust

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

ρ -0.53beyond mkt -0.06holdout -0.51stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.43beyond mkt -0.04holdout -0.33stable 88%robust

Weekly, not daily

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

ENLV Enlivex Ltd. Ordinary Shares

horizon 10dρ +0.37holdout +0.45stable 88%robust

JACK Jack In The Box Inc. Common Stock

horizon 5dρ +0.31holdout +0.24stable 75%robust

Changed this quarter

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

DOW Dow Inc.

Δ -0.55recent -0.34prior +0.20beyond mkt -0.02

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.52recent -0.15prior +0.38beyond mkt -0.08

VET VERMILION ENERGY INC.

Δ -0.52recent -0.35prior +0.17beyond mkt -0.05

HMC Honda Motor Co., Ltd. American Depositary Share, each representing three (3) shares of Common Stock

Δ -0.50recent -0.19prior +0.31beyond mkt +0.00

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.50recent -0.40prior +0.09beyond mkt -0.03

DIVB iShares Core Dividend ETF

Δ -0.50recent -0.13prior +0.37beyond mkt +0.06

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
PBW Invesco WilderHill Clean Energy ETF	+0.77	+0.91	20
ERTH Invesco MSCI Sustainable Future ETF	+0.57	+0.80	17
SMOG VanEck Low Carbon Energy ETF	+0.56	+0.81	17
PBD Invesco Global Clean Energy ETF	+0.61	+0.84	20
PLUG Plug Power, Inc. Common Stock	+0.36	+0.59	13
BE Bloom Energy Corporation	+0.42	+0.67	16