FDCF Fidelity Covington Trust Fidelity Disruptive Communications ETF

Last close: 49.04
504-day return: +29.42%
Median $/day: $365k
Relationships shown: 18
Leader rank: #294

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

FDCF vs SOCL

Both indexed to 100 at 2026-05-11.

FDCF SOCL · range 85–108 · 2026-05-11 → 2026-11-06

Follows FDCF

These tend to repeat FDCF's moves later.

CHW Calamos Global Dynamic Income Fund Common Stock

lag 1dρ +0.22holdout +0.23stable 100%$/day $1.1Mrobust

EP Empire Petroleum Corporation

lag 1dρ -0.21holdout -0.16stable 88%$/day $129krobust

Moves with FDCF

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

SOCL Global X Funds Global X Social Media ETF

ρ +0.76beyond mkt +0.43holdout +0.80stable 100%robust

FDN First Trust Dow Jones Internet Index Fund ETF

ρ +0.85beyond mkt +0.41holdout +0.84stable 100%robust

XLC State Street Communication Services Select Sector SPDR ETF

ρ +0.68beyond mkt +0.38holdout +0.61stable 100%robust

GGME Invesco Next Gen Media and Gaming ETF

ρ +0.86beyond mkt +0.36holdout +0.86stable 100%robust

ONLN ProShares Online Retail ETF

ρ +0.72beyond mkt +0.29holdout +0.67stable 100%robust

FMET Fidelity Covington Trust Fidelity Metaverse ETF

ρ +0.85beyond mkt +0.29holdout +0.87stable 100%robust

Moves against FDCF

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

ρ -0.63beyond mkt +0.08holdout -0.57stable 100%robust

ED Consolidated Edison, Inc.

ρ -0.34beyond mkt +0.08holdout -0.38stable 100%robust

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

ρ -0.65beyond mkt +0.06holdout -0.64stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.58beyond mkt -0.03holdout -0.47stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.56beyond mkt +0.02holdout -0.49stable 100%robust

Weekly, not daily

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

ILPT Industrial Logistics Properties Trust Common Shares of Beneficial Interest

horizon 10dρ +0.43holdout +0.27stable 38%moderate

LAZR Tema Photonics & Optical ETF

horizon 5dρ +0.34holdout +0.39stable 75%robust

ATER Aterian, Inc. Common Stock

horizon 5dρ +0.32holdout +0.13stable 75%moderate

SCYX SCYNEXIS, Inc. Common Stock

horizon 5dρ +0.31holdout +0.40stable 62%moderate

VIPS Vipshop Holdings Limited

horizon 5dρ +0.31holdout +0.11stable 88%moderate

Changed this quarter

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

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.61recent -0.17prior +0.44beyond mkt -0.01

BZ KANZHUN LIMITED American Depository Shares

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

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.55recent -0.52prior +0.03beyond mkt -0.03

FIAX Nicholas Fixed Income Alternative ETF

Δ -0.53recent -0.07prior +0.46beyond mkt -0.09

TPR Tapestry, Inc. Common Stock

Δ -0.49recent -0.06prior +0.42beyond mkt -0.00

DOW Dow Inc.

Δ -0.47recent -0.34prior +0.13beyond mkt +0.02

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
XLC State Street Communication Services Select Sector SPDR ETF	+0.38	+0.68	8
FDN First Trust Dow Jones Internet Index Fund ETF	+0.41	+0.85	13
SOCL Global X Funds Global X Social Media ETF	+0.43	+0.76	14
GGME Invesco Next Gen Media and Gaming ETF	+0.36	+0.86	11