EWK iShares MSCI Belgium ETF

Last close: 26.83
504-day return: +40.47%
Median $/day: $304k
Relationships shown: 13

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

EWK vs BUD

Both indexed to 100 at 2026-05-11.

EWK BUD · range 91–108 · 2026-05-11 → 2026-11-06

Moves with EWK

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

BUD Anheuser-Busch INBEV SA/NV

ρ +0.57beyond mkt +0.37holdout +0.59stable 100%robust

HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF

ρ +0.71beyond mkt +0.26holdout +0.66stable 100%robust

EWL iShares MSCI Switzerland ETF

ρ +0.71beyond mkt +0.25holdout +0.68stable 100%robust

EUDG WisdomTree Europe Quality Dividend Growth Fund

ρ +0.73beyond mkt +0.23holdout +0.72stable 100%robust

EFAD ProShares MSCI EAFE Dividend Growers ETF

ρ +0.69beyond mkt +0.16holdout +0.68stable 100%robust

IGRO iShares International Dividend Growth ETF

ρ +0.70beyond mkt +0.13holdout +0.70stable 100%robust

Moves against EWK

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.50beyond mkt -0.15holdout -0.52stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.32beyond mkt -0.05holdout -0.36stable 75%robust

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

ρ -0.36beyond mkt +0.02holdout -0.41stable 88%robust

Weekly, not daily

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

PGP PIMCO Global StockPLUS & Income Fund

horizon 5dρ +0.32holdout +0.20stable 62%moderate

RSBT Return Stacked Bonds & Managed Futures ETF

horizon 5dρ +0.31holdout +0.03stable 62%moderate

CHCO City Holding Company Common Stock

horizon 5dρ +0.31holdout +0.34stable 88%robust

SLDB Solid Biosciences Inc. Common Stock

horizon 5dρ +0.30holdout +0.32stable 75%robust

Changed this quarter

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

FORM FormFactor, Inc. FormFactor, Inc. Common Stock

Δ -0.56recent -0.34prior +0.22beyond mkt -0.08

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.55recent -0.41prior +0.14beyond mkt +0.03

PXS Pyxis Tankers Inc. Common Stock

Δ -0.55recent -0.40prior +0.15beyond mkt +0.02

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.55recent -0.40prior +0.15beyond mkt +0.01

HAFN Hafnia Limited

Δ -0.54recent -0.41prior +0.13beyond mkt -0.01

MTRN Materion Corporation

Δ -0.52recent -0.16prior +0.36beyond mkt +0.03

Hidden links

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

Symbol	beyond mkt	raw ρ	shared	isolation
BUD Anheuser-Busch INBEV SA/NV	+0.37	+0.57	0