EWG iShares MSCI Germany ETF

Last close: 41.58
504-day return: +32.93%
Median $/day: $66.8M
Relationships shown: 16
Leader rank: #233

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

Same exposure: DAX, FLGR move almost identically to EWG (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.

EWG vs FEUZ

Both indexed to 100 at 2026-05-11.

EWG FEUZ · range 93–107 · 2026-05-11 → 2026-11-06

Follows EWG

These tend to repeat EWG's moves later.

GFR Greenfire Resources Ltd.

lag 1dρ -0.20holdout -0.21stable 100%$/day $564krobust

MAMA Mama's Creations, Inc. Common Stock

lag 1dρ -0.21holdout -0.25stable 88%$/day $3.6Mrobust

Moves with EWG

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

FEUZ First Trust Exchange-Traded AlphDEX Fund II First Trust Eurozone AlphaDEX ETF

ρ +0.85beyond mkt +0.55holdout +0.86stable 100%robust

EFA iShares MSCI EAFE ETF

ρ +0.88beyond mkt +0.52holdout +0.93stable 100%robust

SID Companhia Siderurgica Nacional S.A. (CSN)

ρ +0.32beyond mkt -0.17holdout +0.27stable 88%robust

VMI Valmont Industries, Inc.

ρ +0.44beyond mkt +0.12holdout +0.36stable 88%robust

DCO Ducommun Incorporated

ρ +0.32beyond mkt +0.10holdout +0.37stable 100%robust

JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF

ρ +0.37beyond mkt -0.06holdout +0.47stable 100%robust

Moves against EWG

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.46beyond mkt -0.06holdout -0.58stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.49beyond mkt -0.04holdout -0.55stable 100%robust

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

ρ -0.46beyond mkt +0.03holdout -0.57stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.36beyond mkt +0.02holdout -0.28stable 88%robust

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

ρ -0.55beyond mkt +0.01holdout -0.61stable 100%robust

Weekly, not daily

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

DCRE DoubleLine Commercial Real Estate Debt ETF

horizon 10dρ +0.35holdout +0.67stable 75%robust

PZZA Papa John's International, Inc. Common Stock

horizon 5dρ +0.31holdout +0.24stable 38%moderate

ONL Orion Properties Inc.

horizon 5dρ +0.30holdout +0.52stable 75%robust

Changed this quarter

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

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.69recent -0.54prior +0.15beyond mkt +0.04

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.61recent -0.37prior +0.24beyond mkt -0.01

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.60recent -0.19prior +0.41beyond mkt +0.04

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.58recent -0.17prior +0.41beyond mkt +0.05

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.56recent -0.53prior +0.03beyond mkt +0.08

FMF First Trust Managed Futures Strategy Fund

Δ -0.55recent -0.39prior +0.16beyond mkt +0.02

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
EFA iShares MSCI EAFE ETF	+0.52	+0.88	11
SAP SAP SE	+0.41	+0.49	8
DB Deutsche Bank Aktiengesellschaft	+0.38	+0.73	11
FEUZ First Trust Exchange-Traded AlphDEX Fund II First Trust Eurozone AlphaDEX ETF	+0.55	+0.85	17