EDIV State Street SPDR S&P Emerging Markets Dividend ETF

Last close: 40.35
504-day return: +22.38%
Median $/day: $3.8M
Relationships shown: 13

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

EDIV vs EELV

Both indexed to 100 at 2026-05-11.

EDIV EELV · range 96–102 · 2026-05-11 → 2026-11-06

Moves with EDIV

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

EELV Invesco S&P Emerging Markets Low Volatility ETF

ρ +0.81beyond mkt +0.45holdout +0.84stable 100%robust

JPEM JPMorgan Diversified Return Emerging Markets Equity ETF

ρ +0.85beyond mkt +0.45holdout +0.87stable 100%robust

DGS WisdomTree Emerging Markets SmallCap Dividend Fund

ρ +0.82beyond mkt +0.37holdout +0.80stable 100%robust

FNDE Schwab Fundamental Emerging Markets Equity ETF

ρ +0.80beyond mkt +0.36holdout +0.79stable 100%robust

ECOW Pacer Funds Pacer Emerging Markets Cash Cows 100 ETF

ρ +0.77beyond mkt +0.35holdout +0.77stable 100%robust

ASEA Global X FTSE Southeast Asia ETF

ρ +0.71beyond mkt +0.33holdout +0.73stable 100%robust

Moves against EDIV

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

ρ -0.50beyond mkt +0.08holdout -0.60stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.41beyond mkt +0.08holdout -0.48stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.33beyond mkt +0.04holdout -0.26stable 75%robust

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.46beyond mkt -0.01holdout -0.59stable 100%robust

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

ρ -0.49beyond mkt -0.01holdout -0.65stable 100%robust

Weekly, not daily

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

PFN PIMCO Income Strategy Fund II

horizon 10dρ +0.39holdout +0.49stable 75%robust

PZZA Papa John's International, Inc. Common Stock

horizon 5dρ +0.30holdout +0.12stable 62%moderate

Changed this quarter

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 -0.60recent -0.55prior +0.05beyond mkt -0.05

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.56recent -0.47prior +0.09beyond mkt -0.08

KMLM KraneShares Mount Lucas Managed Futures Index Strategy ETF

Δ -0.48recent -0.52prior -0.04beyond mkt -0.05

SID Companhia Siderurgica Nacional S.A. (CSN)

Δ -0.48recent +0.03prior +0.51beyond mkt +0.04

WTMF WisdomTree Managed Futures Strategy Fund

Δ -0.46recent -0.07prior +0.39beyond mkt -0.04

AHLT American Beacon AHL Trend ETF

Δ -0.46recent -0.13prior +0.33beyond mkt -0.07

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
FNDE Schwab Fundamental Emerging Markets Equity ETF	+0.36	+0.80	12
EELV Invesco S&P Emerging Markets Low Volatility ETF	+0.45	+0.81	17
DGS WisdomTree Emerging Markets SmallCap Dividend Fund	+0.37	+0.82	15
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF	+0.45	+0.85	21