ρ +0.63beyond mkt +0.56holdout +0.57stable 100%robust
EWW iShares MSCI Mexico ETF
- Last close
- 76.74
- 504-day return
- +63.10%
- Median $/day
- $97.8M
- Relationships shown
- 16
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
Same exposure: MXF, FLMX move almost identically to EWW (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.
EWW vs FMX
Both indexed to 100 at 2026-05-11.
Moves with EWW
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.62beyond mkt +0.52holdout +0.68stable 100%robust
ρ +0.61beyond mkt +0.50holdout +0.59stable 100%robust
ρ +0.66beyond mkt +0.46holdout +0.70stable 100%robust
ρ +0.48beyond mkt +0.35holdout +0.55stable 100%robust
ρ +0.67beyond mkt +0.30holdout +0.77stable 88%robust
Moves against EWW
ρ -0.35beyond mkt +0.03holdout -0.50stable 75%robust
ρ -0.40beyond mkt -0.02holdout -0.52stable 100%robust
ρ -0.35beyond mkt +0.01holdout -0.44stable 100%robust
ρ -0.30beyond mkt -0.00holdout -0.41stable 88%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.47holdout +0.39stable 75%robust
horizon 10dρ +0.39holdout +0.06stable 75%moderate
horizon 5dρ +0.39holdout +0.21stable 75%robust
horizon 10dρ +0.37holdout +0.31stable 75%robust
horizon 10dρ +0.36holdout +0.40stable 38%moderate
horizon 5dρ +0.30holdout +0.19stable 88%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.60recent -0.32prior +0.28beyond mkt -0.03
Δ -0.53recent -0.30prior +0.23beyond mkt +0.01
Δ -0.50recent -0.15prior +0.35beyond mkt +0.04
Δ -0.50recent -0.40prior +0.10beyond mkt -0.06
Δ -0.47recent -0.14prior +0.33beyond mkt +0.01
Δ -0.46recent -0.14prior +0.32beyond mkt -0.06
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| OMAB Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADS | +0.52 | +0.62 | 15 | |
| PAC Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Amer. Dep. Shares (each rep. 10 Ser. B shares) | +0.50 | +0.61 | 15 | |
| CX Cemex S.A.B. de C.V. | +0.46 | +0.66 | 15 | |
| FMX FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. | +0.56 | +0.63 | 20 |