CXSE WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund

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

CXSE vs CQQQ

Both indexed to 100 at 2026-05-11.

CXSE CQQQ · range 69–104 · 2026-05-11 → 2026-11-06

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

CQQQ Invesco China Technology ETF

ρ +0.91beyond mkt +0.84holdout +0.88stable 100%robust

KTEC KraneShares Hang Seng TECH Index ETF

ρ +0.85beyond mkt +0.79holdout +0.75stable 100%robust

TDF Templeton Dragon Fund

ρ +0.84beyond mkt +0.76holdout +0.80stable 100%robust

ASHR Xtrackers Harvest CSI 300 China A-Shares ETF

ρ +0.83beyond mkt +0.74holdout +0.84stable 100%robust

FXI iShares China Large-Cap ETF

ρ +0.81beyond mkt +0.73holdout +0.62stable 100%robust

CNXT VanEck ChiNext Innovators ETF

ρ +0.80beyond mkt +0.72holdout +0.79stable 100%robust

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

ρ -0.41beyond mkt +0.04holdout -0.57stable 100%robust

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

ρ -0.35beyond mkt +0.04holdout -0.38stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.30beyond mkt +0.00holdout -0.35stable 100%robust

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

GDO Western Asset Global Corporate Opportunity Fund Inc.

horizon 10dρ +0.47holdout +0.17stable 75%moderate

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

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.49recent -0.38prior +0.11beyond mkt +0.02

E ENI S.p.A.

Δ -0.49recent -0.39prior +0.10beyond mkt -0.11

LYB LyondellBasell Industries N.V. Class A

Δ -0.47recent -0.32prior +0.15beyond mkt +0.05

PCMM BondBloxx ETF Trust BondBloxx Private Credit CLO ETF

Δ -0.43recent -0.32prior +0.11beyond mkt -0.02

BP BP p.l.c.

Δ -0.43recent -0.38prior +0.05beyond mkt -0.10

GDO Western Asset Global Corporate Opportunity Fund Inc.

Δ -0.43recent -0.12prior +0.30beyond mkt +0.04

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

Symbol	beyond mkt	raw ρ	shared
MINV Matthews Asia Innovators Active ETF	+0.51	+0.73	2
EEM iShares MSCI Emerging Markets ETF	+0.42	+0.71	0
FXI iShares China Large-Cap ETF	+0.73	+0.81	20
KTEC KraneShares Hang Seng TECH Index ETF	+0.79	+0.85	21
KARS KraneShares Electric Vehicles and Future Mobility Index ETF	+0.53	+0.74	17
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF	+0.74	+0.83	21