ρ +0.84beyond mkt +0.50holdout +0.87stable 100%robust
DVOL First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Low Volatility ETF
- Last close
- 36.09
- 504-day return
- +8.67%
- Median $/day
- $173k
- Relationships shown
- 13
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
DVOL vs DDIV
Both indexed to 100 at 2026-05-11.
Moves with DVOL
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.74beyond mkt +0.34holdout +0.66stable 100%robust
ρ +0.66beyond mkt +0.33holdout +0.59stable 100%robust
ρ +0.76beyond mkt +0.28holdout +0.65stable 100%robust
ρ +0.65beyond mkt +0.27holdout +0.53stable 88%robust
ρ +0.42beyond mkt +0.20holdout +0.36stable 100%robust
Moves against DVOL
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.40holdout +0.66stable 75%robust
horizon 10dρ +0.39holdout +0.47stable 62%moderate
horizon 10dρ +0.37holdout +0.48stable 62%moderate
horizon 10dρ +0.36holdout +0.42stable 50%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.67recent -0.31prior +0.37beyond mkt -0.01
Δ -0.60recent -0.42prior +0.18beyond mkt +0.02
Δ -0.53recent -0.22prior +0.31beyond mkt +0.02
Δ -0.48recent -0.06prior +0.42beyond mkt +0.06
Δ -0.45recent -0.03prior +0.42beyond mkt -0.01
Δ -0.45recent -0.06prior +0.39beyond mkt -0.03
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| DDIV First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF | +0.50 | +0.84 | 3 |