lag 1dρ +0.21holdout +0.12stable 88%$/day $1.6Mrobust
ERC Allspring Multi-Sector Income Fund
- Last close
- 8.56
- 504-day return
- +13.17%
- Median $/day
- $680k
- Relationships shown
- 19
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
ERC vs CEFS, shifted 1d
Both indexed to 100 at 2026-05-11. CEFS is drawn 1 trading day later than it happened, so if it leads, the lines move together.
Leads ERC
ERC tends to repeat these symbols' moves some days later. The highlighted bar is the lag.
lag 1dρ +0.21holdout +0.16stable 88%$/day $218krobust
lag 1dρ +0.21holdout +0.13stable 88%$/day $649krobust
lag 1dρ +0.20holdout +0.10stable 88%$/day $1.3Mmoderate
lag 1dρ +0.20holdout +0.29stable 88%$/day $3.0Mrobust
Moves with ERC
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.58beyond mkt +0.40holdout +0.62stable 100%robust
ρ +0.54beyond mkt +0.38holdout +0.59stable 100%robust
ρ +0.53beyond mkt +0.37holdout +0.63stable 100%robust
ρ +0.50beyond mkt +0.36holdout +0.55stable 100%robust
ρ +0.53beyond mkt +0.36holdout +0.63stable 100%robust
ρ +0.49beyond mkt +0.36holdout +0.56stable 100%robust
Moves against ERC
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.57holdout +0.67stable 62%moderate
horizon 10dρ +0.55holdout +0.76stable 62%moderate
horizon 10dρ +0.49holdout +0.72stable 62%moderate
horizon 10dρ +0.49holdout +0.78stable 50%moderate
horizon 10dρ +0.49holdout +0.75stable 75%robust
horizon 10dρ +0.47holdout +0.76stable 62%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.56recent -0.41prior +0.15beyond mkt -0.04
Δ -0.51recent -0.34prior +0.17beyond mkt +0.04
Δ -0.48recent -0.38prior +0.10beyond mkt -0.00
Δ +0.48recent +0.44prior -0.05beyond mkt -0.13
Δ +0.47recent +0.46prior -0.01beyond mkt -0.06
Δ +0.42recent +0.58prior +0.16beyond mkt -0.10
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| YYY Amplify CEF High Income ETF | +0.35 | +0.57 | 14 | |
| JGH NUVEEN GLOBAL HIGH INCOME FUND | +0.37 | +0.53 | 15 | |
| TEI Templeton Emerging Markets Income Fund | +0.36 | +0.53 | 16 | |
| EAD Allspring Income Opportunities Fund | +0.40 | +0.58 | 18 | |
| ARDC ARES DYNAMIC CREDIT ALLOCATION FUND, INC. | +0.36 | +0.49 | 17 | |
| BGH Barings Global Short Duration High Yield Fund | +0.38 | +0.54 | 18 |