DIVZ Polen Dividend Income ETF

Last close: 37.22
504-day return: +21.00%
Median $/day: $796k
Relationships shown: 12

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

DIVZ vs FDL

Both indexed to 100 at 2026-05-11.

DIVZ FDL · range 99–114 · 2026-05-11 → 2026-11-06

Moves with DIVZ

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

FDL First Trust Morningstar Dividend Leaders Index Fund

ρ +0.80beyond mkt +0.46holdout +0.81stable 100%robust

DHS WisdomTree U.S. High Dividend Fund

ρ +0.84beyond mkt +0.46holdout +0.84stable 100%robust

MDLV Morgan Dempsey Large Cap Value ETF

ρ +0.84beyond mkt +0.42holdout +0.87stable 100%robust

HDV iShares Core High Dividend ETF

ρ +0.80beyond mkt +0.41holdout +0.82stable 100%robust

TBG TBG Dividend Focus ETF

ρ +0.82beyond mkt +0.39holdout +0.75stable 100%robust

DVY iShares Select Dividend ETF

ρ +0.81beyond mkt +0.35holdout +0.80stable 100%robust

Moves against DIVZ

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

ρ -0.34beyond mkt +0.06holdout -0.09stable 75%moderate

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.31beyond mkt +0.01holdout -0.10stable 75%moderate

Weekly, not daily

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

EOG EOG Resources, Inc.

horizon 10dρ +0.39holdout +0.32stable 62%moderate

PTY PIMCO Corporate & Income Opportunity Fund

horizon 10dρ +0.35holdout +0.23stable 75%robust

JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF

horizon 10dρ +0.35holdout +0.21stable 62%moderate

PXI Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Energy Momentum ETF

horizon 5dρ +0.32holdout +0.26stable 75%robust

Changed this quarter

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

GHM Graham Corporation

Δ -0.62recent -0.35prior +0.27beyond mkt +0.01

FORM FormFactor, Inc. FormFactor, Inc. Common Stock

Δ -0.58recent -0.48prior +0.10beyond mkt -0.05

FMF First Trust Managed Futures Strategy Fund

Δ -0.58recent -0.51prior +0.07beyond mkt -0.01

IPGP IPG Photonics Corporation Common Stock

Δ -0.56recent -0.33prior +0.23beyond mkt +0.02

BHE Benchmark Electronics

Δ -0.55recent -0.34prior +0.20beyond mkt -0.07

AVT Avnet, Inc. Common Stock

Δ -0.54recent -0.24prior +0.30beyond mkt +0.01

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
FDL First Trust Morningstar Dividend Leaders Index Fund	+0.46	+0.80	14
DVY iShares Select Dividend ETF	+0.35	+0.81	11
DHS WisdomTree U.S. High Dividend Fund	+0.46	+0.84	18
HDV iShares Core High Dividend ETF	+0.41	+0.80	17
MDLV Morgan Dempsey Large Cap Value ETF	+0.42	+0.84	20
TBG TBG Dividend Focus ETF	+0.39	+0.82	20