EZA iShares MSCI South Africa ETF

Last close: 67.06
504-day return: +55.59%
Median $/day: $8.6M
Relationships shown: 12

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

EZA vs AFK

Both indexed to 100 at 2026-05-11.

EZA AFK · range 86–104 · 2026-05-11 → 2026-11-06

Moves with EZA

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

AFK VanEck Africa Index ETF

ρ +0.79beyond mkt +0.40holdout +0.85stable 100%robust

HMY Harmony Gold Mining Company Limited

ρ +0.70beyond mkt +0.37holdout +0.87stable 100%robust

GDX VanEck Gold Miners ETF

ρ +0.72beyond mkt +0.28holdout +0.87stable 100%robust

JPEM JPMorgan Diversified Return Emerging Markets Equity ETF

ρ +0.76beyond mkt +0.21holdout +0.80stable 100%robust

CGV Conductor Global Equity Value ETF

ρ +0.72beyond mkt +0.12holdout +0.74stable 100%robust

MOOD Alpha Architect ETF Trust Relative Sentiment Tactical Allocation ETF

ρ +0.70beyond mkt +0.09holdout +0.70stable 100%robust

Moves against EZA

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.51beyond mkt -0.04holdout -0.67stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.31beyond mkt +0.04holdout -0.45stable 88%robust

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

ρ -0.40beyond mkt -0.02holdout -0.56stable 100%robust

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

ρ -0.39beyond mkt +0.01holdout -0.56stable 88%robust

Weekly, not daily

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

PCN PIMCO Corporate & Income Strategy Fund

horizon 10dρ +0.47holdout +0.60stable 88%robust

PFN PIMCO Income Strategy Fund II

horizon 10dρ +0.36holdout +0.44stable 62%moderate

Changed this quarter

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

AHLT American Beacon AHL Trend ETF

Δ -0.60recent -0.20prior +0.40beyond mkt +0.02

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.58recent -0.25prior +0.33beyond mkt +0.06

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.55recent -0.08prior +0.47beyond mkt +0.09

WTMF WisdomTree Managed Futures Strategy Fund

Δ -0.51recent -0.12prior +0.39beyond mkt -0.01

CRDF Cardiff Oncology, Inc. Common Stock

Δ -0.48recent -0.16prior +0.32beyond mkt +0.09

PXS Pyxis Tankers Inc. Common Stock

Δ -0.47recent -0.31prior +0.17beyond mkt -0.01

Hidden links

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

Symbol	beyond mkt	raw ρ	shared	isolation
AFK VanEck Africa Index ETF	+0.40	+0.79	13
HMY Harmony Gold Mining Company Limited	+0.37	+0.70	15