EELV Invesco S&P Emerging Markets Low Volatility ETF

Last close: 28.11
504-day return: +23.78%
Median $/day: $1.0M
Relationships shown: 16

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

EELV vs JPEM

Both indexed to 100 at 2026-05-11.

EELV JPEM · range 94–103 · 2026-05-11 → 2026-11-06

Moves with EELV

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

JPEM JPMorgan Diversified Return Emerging Markets Equity ETF

ρ +0.83beyond mkt +0.49holdout +0.84stable 100%robust

EDIV State Street SPDR S&P Emerging Markets Dividend ETF

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

SDEM Global X MSCI SuperDividend Emerging Markets ETF

ρ +0.78beyond mkt +0.42holdout +0.82stable 100%robust

XC WisdomTree True Emerging Markets Fund

ρ +0.77beyond mkt +0.36holdout +0.85stable 100%robust

EWZ iShares MSCI Brazil ETF

ρ +0.65beyond mkt +0.35holdout +0.63stable 100%robust

EMLC VanEck J. P. Morgan EM Local Currency Bond ETF

ρ +0.72beyond mkt +0.32holdout +0.82stable 100%robust

Moves against EELV

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.47beyond mkt -0.07holdout -0.59stable 100%robust

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

ρ -0.50beyond mkt -0.05holdout -0.58stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.43beyond mkt -0.04holdout -0.50stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.33beyond mkt -0.02holdout -0.23stable 75%robust

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

ρ -0.40beyond mkt -0.00holdout -0.47stable 100%robust

Weekly, not daily

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

HYZD WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund

horizon 10dρ +0.54holdout +0.58stable 62%moderate

PPT Franklin Premier Income Trust

horizon 10dρ +0.38holdout +0.20stable 62%moderate

OXM Oxford Industries, Inc.

horizon 10dρ +0.37holdout +0.34stable 75%robust

WTMF WisdomTree Managed Futures Strategy Fund

horizon 5dρ +0.35holdout +0.26stable 75%robust

RSBT Return Stacked Bonds & Managed Futures ETF

horizon 5dρ +0.33holdout +0.16stable 62%moderate

Changed this quarter

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

DOW Dow Inc.

Δ -0.52recent -0.35prior +0.17beyond mkt -0.02

SEA U.S. Global Sea to Sky Cargo ETF

Δ -0.49recent +0.02prior +0.51beyond mkt +0.06

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.49recent -0.36prior +0.13beyond mkt +0.03

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.48recent -0.43prior +0.05beyond mkt -0.02

MRCY Mercury Systems Inc Common Stock

Δ -0.46recent -0.13prior +0.33beyond mkt +0.00

CTRI Centuri Holdings, Inc.

Δ -0.45recent -0.05prior +0.40beyond mkt +0.09

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
XC WisdomTree True Emerging Markets Fund	+0.36	+0.77	5
EWZ iShares MSCI Brazil ETF	+0.35	+0.65	11
EDIV State Street SPDR S&P Emerging Markets Dividend ETF	+0.45	+0.81	17
SDEM Global X MSCI SuperDividend Emerging Markets ETF	+0.42	+0.78	17
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF	+0.49	+0.83	20