EWL iShares MSCI Switzerland ETF

Last close: 64.62
504-day return: +34.91%
Median $/day: $22.2M
Relationships shown: 13

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

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

EWL vs EUDG

Both indexed to 100 at 2026-05-11.

EWL EUDG · range 97–110 · 2026-05-11 → 2026-11-06

Moves with EWL

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

EUDG WisdomTree Europe Quality Dividend Growth Fund

ρ +0.87beyond mkt +0.61holdout +0.89stable 100%robust

HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF

ρ +0.81beyond mkt +0.52holdout +0.80stable 100%robust

NVS Novartis AG

ρ +0.66beyond mkt +0.46holdout +0.66stable 100%robust

EFAD ProShares MSCI EAFE Dividend Growers ETF

ρ +0.83beyond mkt +0.45holdout +0.85stable 100%robust

IGRO iShares International Dividend Growth ETF

ρ +0.81beyond mkt +0.38holdout +0.86stable 100%robust

GF NEW GERMANY FUND Inc

ρ +0.45beyond mkt +0.05holdout +0.45stable 100%robust

Moves against EWL

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.50beyond mkt -0.11holdout -0.55stable 100%robust

UGA United States Gasoline Fund, LP

ρ -0.34beyond mkt -0.10holdout -0.57stable 62%moderate

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

ρ -0.38beyond mkt +0.07holdout -0.48stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.32beyond mkt +0.02holdout -0.41stable 88%robust

USO United States Oil Fund, LP

ρ -0.32beyond mkt -0.00holdout -0.53stable 62%moderate

Weekly, not daily

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

PGP PIMCO Global StockPLUS & Income Fund

horizon 10dρ +0.48holdout +0.48stable 62%moderate

DNUT Krispy Kreme, Inc. Common Stock

horizon 5dρ +0.31holdout +0.27stable 50%moderate

Changed this quarter

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

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.72recent -0.39prior +0.33beyond mkt +0.03

FORM FormFactor, Inc. FormFactor, Inc. Common Stock

Δ -0.69recent -0.41prior +0.28beyond mkt +0.07

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.68recent -0.52prior +0.17beyond mkt +0.06

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.67recent -0.56prior +0.11beyond mkt -0.09

AHLT American Beacon AHL Trend ETF

Δ -0.67recent -0.46prior +0.21beyond mkt +0.01

KMLM KraneShares Mount Lucas Managed Futures Index Strategy ETF

Δ -0.65recent -0.73prior -0.08beyond mkt +0.00

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
NVS Novartis AG	+0.46	+0.66	8
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF	+0.52	+0.81	13
IGRO iShares International Dividend Growth ETF	+0.38	+0.81	14
EFAD ProShares MSCI EAFE Dividend Growers ETF	+0.45	+0.83	17
EUDG WisdomTree Europe Quality Dividend Growth Fund	+0.61	+0.87	22