sotnkcorrelations

DWAS Invesco Exchange-Traded Fund Trust II Invesco Dorsey Wright SmallCap Momentum ETF

Last close
101.85
504-day return
+11.05%
Median $/day
$1.8M
Significant pairs
3933

DWAS vs VFMO

Both indexed to 100 at 2026-05-11.

DWAS VFMO · range 86–110 · 2026-05-11 → 2026-11-06

Moves with DWAS

Same-day co-movement.

Symbol$/dayLagρHoldout ρStabilityqTier
VFMO Vanguard U.S. Momentum Factor ETF$7.1M0d+0.93+0.93100%<1e-15robust
IWO iShares Russell 2000 Growth ETF$121.6M0d+0.93+0.92100%<1e-15robust
FYC First Trust Small Cap Growth AlphaDEX Fund$4.5M0d+0.93+0.91100%<1e-15robust
MMSC First Trust Multi-Manager Small Cap Opportunities ETF$103k0d+0.92+0.93100%<1e-15robust
FNY First Trust Mid Cap Growth AlphaDEX Fund$1.2M0d+0.92+0.92100%<1e-15robust
IWC iShares Micro-Cap ETF$7.0M0d+0.91+0.88100%<1e-15robust
IWM iShares Russell 2000 ETF$7.1B0d+0.89+0.87100%<1e-15robust
SMIZ Zacks Small/Mid Cap ETF$683k0d+0.89+0.87100%<1e-15robust
VXF Vanguard Extended Market ETF$81.3M0d+0.88+0.86100%<1e-15robust
JSML Janus Detroit Street Trust Janus Henderson Small Cap Growth Alpha ETF$909k0d+0.88+0.90100%<1e-15robust
SEIS SEI Exchange Traded Funds SEI Select Small Cap ETF$1.0M0d+0.88+0.84100%<1e-15robust
FSCC Federated Hermes MDT Small Cap Core ETF$302k0d+0.88+0.85100%<1e-15robust
GSC Goldman Sachs Small Cap Equity ETF$542k0d+0.87+0.88100%<1e-15robust
AFSM First Trust Active Factor Small Cap ETF$321k0d+0.87+0.86100%<1e-15robust
JSMD Janus Detroit Street Trust Janus Henderson Small/Mid Cap Growth Alpha ETF$3.4M0d+0.87+0.92100%<1e-15robust

Moves against DWAS

Symbol$/dayLagρHoldout ρStabilityqTier
BTAL AGF U.S. Market Neutral Anti-Beta Fund$8.6M0d-0.73-0.80100%<1e-15robust
YQQQ Tidal Trust II YieldMax Short N100 Option Income Strategy ETF$353k0d-0.69-0.76100%<1e-15robust
VXX iPath Series B S&P 500 VIX Short-Term Futures ETN$222.2M0d-0.62-0.57100%<1e-15robust
VXZ iPath Series B S&P 500 VIX Mid-Term Futures ETN$572k0d-0.55-0.42100%<1e-15robust
VIXM ProShares VIX Mid-Term Futures ETF$2.7M0d-0.54-0.44100%<1e-15robust
TAIL Cambria Tail Risk ETF$1.9M0d-0.51-0.40100%<1e-15robust
CRSH YieldMax Short TSLA Option Income Strategy ETF$455k0d-0.47-0.55100%<1e-15robust
DIPS YieldMax Short NVDA Option Income Strategy ETF$211k0d-0.46-0.51100%<1e-15robust
HDGE AdvisorShares Active Bear ETF$1.1M0d-0.47-0.1888%<1e-15moderate
QBER TrueShares Quarterly Bear Hedge ETF$424k0d-0.34-0.2988%6e-14robust
DWSH AdvisorShares Trust AdvisorShares Dorsey Wright Short ETF$195k0d-0.32-0.0075%7e-13moderate