ENPH Enphase Energy, Inc. Common Stock

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

ENPH vs TAN

Both indexed to 100 at 2026-05-11.

ENPH TAN · range 64–192 · 2026-05-11 → 2026-11-06

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

TAN Invesco Solar ETF

ρ +0.77beyond mkt +0.68holdout +0.80stable 100%robust

SEDG SolarEdge Technologies, Inc. Common Stock

ρ +0.74beyond mkt +0.66holdout +0.73stable 100%robust

CNRG State Street SPDR S&P Kensho Grid Innovation ETF

ρ +0.67beyond mkt +0.57holdout +0.74stable 100%robust

ICLN iShares Global Clean Energy ETF

ρ +0.65beyond mkt +0.53holdout +0.70stable 100%robust

RUN Sunrun Inc. Common Stock

ρ +0.63beyond mkt +0.50holdout +0.61stable 100%robust

PBW Invesco WilderHill Clean Energy ETF

ρ +0.62beyond mkt +0.47holdout +0.68stable 100%robust

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

ρ -0.37beyond mkt +0.04holdout -0.50stable 88%robust

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

ρ -0.33beyond mkt -0.04holdout -0.33stable 88%robust

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

CODX Co-Diagnostics, Inc. Common Stock

horizon 5dρ +0.31holdout +0.46stable 50%moderate

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

SEB Seaboard Corporation

Δ -0.45recent -0.35prior +0.10beyond mkt -0.03

XOM ExxonMobil Holdings Corporation

Δ -0.45recent -0.40prior +0.05beyond mkt -0.01

BSTZ BlackRock Science and Technology Term Trust

Δ -0.43recent -0.04prior +0.38beyond mkt +0.04

RMIX Suncrete, Inc. Class A Common Stock

Δ +0.42recent +0.39prior -0.03beyond mkt -0.04

JBSS John B. Sanfilippo & Son, Inc. Common Stock

Δ -0.42recent -0.30prior +0.11beyond mkt -0.05

GRWG GrowGeneration Corp. Common Stock

Δ -0.41recent -0.06prior +0.35beyond mkt +0.11

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

Symbol	beyond mkt	raw ρ	shared
ERTH Invesco MSCI Sustainable Future ETF	+0.37	+0.59	17
PBW Invesco WilderHill Clean Energy ETF	+0.47	+0.62	20
CNRG State Street SPDR S&P Kensho Grid Innovation ETF	+0.57	+0.67	24
ICLN iShares Global Clean Energy ETF	+0.53	+0.65	24
TAN Invesco Solar ETF	+0.68	+0.77	26
SHLS Shoals Technologies Group, Inc. Class A Common Stock	+0.45	+0.58	24