lag 1dρ -0.23holdout -0.30stable 88%$/day $3.6Mrobust
FDD First Trust STOXX European Select Dividend Income Fund
- Last close
- 18.88
- 504-day return
- +78.45%
- Median $/day
- $2.9M
- Relationships shown
- 14
- Leader rank
- #419
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
Same exposure: FEP move almost identically to FDD (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.
FDD vs EUFN
Both indexed to 100 at 2026-05-11.
Follows FDD
These tend to repeat FDD's moves later.
Moves with FDD
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.88beyond mkt +0.66holdout +0.89stable 100%robust
ρ +0.90beyond mkt +0.65holdout +0.88stable 100%robust
ρ +0.86beyond mkt +0.54holdout +0.87stable 100%robust
ρ +0.88beyond mkt +0.48holdout +0.90stable 100%robust
ρ +0.84beyond mkt +0.45holdout +0.86stable 100%robust
ρ +0.76beyond mkt +0.44holdout +0.70stable 100%robust
Moves against FDD
ρ -0.56beyond mkt -0.21holdout -0.64stable 100%robust
ρ -0.48beyond mkt -0.04holdout -0.56stable 100%robust
ρ -0.41beyond mkt -0.04holdout -0.47stable 100%robust
ρ -0.34beyond mkt -0.00holdout -0.43stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.61recent -0.24prior +0.37beyond mkt +0.07
Δ -0.60recent -0.38prior +0.23beyond mkt -0.10
Δ -0.58recent -0.20prior +0.38beyond mkt -0.02
Δ -0.57recent -0.41prior +0.16beyond mkt -0.02
Δ -0.56recent -0.45prior +0.11beyond mkt +0.05
Δ -0.55recent -0.23prior +0.33beyond mkt -0.04
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| DFIV Dimensional International Value ETF | +0.48 | +0.88 | 7 | |
| FGD First Trust Dow Jones Global Select Dividend Index Fund | +0.45 | +0.84 | 10 | |
| DB Deutsche Bank Aktiengesellschaft | +0.39 | +0.71 | 10 | |
| EUFN iShares MSCI Europe Financials ETF | +0.66 | +0.88 | 20 | |
| EFAS Global X Funds Global X MSCI SuperDividend EAFE ETF | +0.44 | +0.76 | 16 | |
| IDV iShares International Select Dividend ETF | +0.65 | +0.90 | 21 |