FDIQ Invesco Exchange-Traded Fund Trust II Invesco Bloomberg Financial Data Providers ETF

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

FDIQ vs KRE

Both indexed to 100 at 2026-05-11.

FDIQ KRE · range 90–114 · 2026-05-11 → 2026-11-06

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

KRE State Street SPDR S&P Regional Banking ETF

ρ +0.76beyond mkt +0.44holdout +0.30stable 100%moderate

INDB Independent Bank Corp. Common Stock

ρ +0.70beyond mkt +0.36holdout +0.29stable 100%moderate

VLY Valley National Bancorp Common Stock

ρ +0.66beyond mkt +0.27holdout +0.21stable 100%moderate

SSB SouthState Bank Corporation

ρ +0.70beyond mkt +0.26holdout +0.29stable 100%moderate

WSFS WSFS Financial Corporation Common Stock

ρ +0.66beyond mkt +0.25holdout +0.19stable 100%moderate

DSTL Distillate U.S. Fundamental Stability & Value ETF

ρ +0.69beyond mkt +0.25holdout +0.77stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.31beyond mkt -0.10holdout -0.00stable 75%moderate

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

ρ -0.42beyond mkt -0.03holdout -0.15stable 75%moderate

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.39beyond mkt +0.00holdout -0.17stable 88%moderate

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

MTUS Metallus Inc.

horizon 10dρ +0.38holdout +0.12stable 62%moderate

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

MTRN Materion Corporation

Δ -0.79recent -0.44prior +0.35beyond mkt +0.04

KLIC Kulicke and Soffa Industries, Inc. Common Stock

Δ -0.78recent -0.48prior +0.30beyond mkt -0.01

SMTC Semtech Corporation Common Stock

Δ -0.77recent -0.56prior +0.21beyond mkt -0.04

BHE Benchmark Electronics

Δ -0.77recent -0.48prior +0.29beyond mkt +0.03

PRLB PROTO LABS, INC.

Δ -0.76recent -0.37prior +0.40beyond mkt -0.12

XSMO Invesco S&P SmallCap Momentum ETF

Δ -0.76recent -0.23prior +0.53beyond mkt -0.07

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

Symbol	beyond mkt	raw ρ	shared	isolation
INDB Independent Bank Corp. Common Stock	+0.36	+0.70	16
KRE State Street SPDR S&P Regional Banking ETF	+0.44	+0.76	19