EFC Ellington Financial Inc. Common Stock

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

EFC vs REM

Both indexed to 100 at 2026-05-11.

EFC REM · range 78–105 · 2026-05-11 → 2026-11-06

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

REM iShares Mortgage Real Estate ETF

ρ +0.80beyond mkt +0.63holdout +0.86stable 100%robust

NLY Annaly Capital Management. Inc.

ρ +0.73beyond mkt +0.54holdout +0.79stable 100%robust

KBWD Invesco Exchange-Traded Fund Trust II Invesco KBW High Dividend Yield Financial ETF

ρ +0.74beyond mkt +0.52holdout +0.77stable 100%robust

CIM Chimera Investment Corp.

ρ +0.72beyond mkt +0.50holdout +0.81stable 100%robust

AGNC AGNC Investment Corp. Common Stock

ρ +0.70beyond mkt +0.49holdout +0.75stable 100%robust

ARR ARMOUR Residential REIT, Inc.

ρ +0.65beyond mkt +0.47holdout +0.73stable 100%robust

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

ρ -0.38beyond mkt -0.05holdout -0.45stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.34beyond mkt -0.04holdout -0.43stable 88%robust

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

LITP Sprott Funds Trust Sprott Lithium Miners ETF

horizon 10dρ +0.49holdout +0.57stable 75%robust

GDMA Gadsden Dynamic Multi-Asset ETF

horizon 5dρ +0.33holdout +0.37stable 62%moderate

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

AVT Avnet, Inc. Common Stock

Δ -0.59recent -0.26prior +0.33beyond mkt +0.01

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.55recent -0.34prior +0.21beyond mkt -0.00

FTHM Fathom Holdings Inc. Common Stock

Δ +0.53recent +0.61prior +0.08beyond mkt +0.01

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.51recent -0.46prior +0.05beyond mkt -0.03

RBC RBC Bearings Incorporated

Δ -0.51recent -0.16prior +0.34beyond mkt +0.02

OIS OIL STATES INTERNATIONAL, INC.

Δ -0.50recent -0.34prior +0.17beyond mkt -0.09

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

Symbol	beyond mkt	raw ρ	shared
KBWD Invesco Exchange-Traded Fund Trust II Invesco KBW High Dividend Yield Financial ETF	+0.52	+0.74	11
RIET Hoya Capital High Dividend Yield ETF	+0.40	+0.70	9
SRET Global X Funds Global X SuperDividend REIT ETF	+0.41	+0.68	11
ARR ARMOUR Residential REIT, Inc.	+0.47	+0.65	25
DX Dynex Capital, Inc.	+0.47	+0.67	25
NLY Annaly Capital Management. Inc.	+0.54	+0.73	26