FDLO Fidelity Low Volatility Factor ETF

Last close: 73.89
504-day return: +25.77%
Median $/day: $4.6M
Relationships shown: 13
Leader rank: #1056

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

FDLO vs ZECP

Both indexed to 100 at 2026-05-11.

FDLO ZECP · range 98–112 · 2026-05-11 → 2026-11-06

Follows FDLO

These tend to repeat FDLO's moves later.

RGCO RGC Resources Inc. Common Stock

lag 1dρ -0.22holdout -0.08stable 75%$/day $228kmoderate

Moves with FDLO

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

ZECP Zacks Earnings Consistent Portfolio ETF

ρ +0.90beyond mkt +0.50holdout +0.85stable 100%robust

VIG Vanguard Dividend Appreciation ETF

ρ +0.88beyond mkt +0.45holdout +0.81stable 100%robust

QLV Northern Trust US Quality Low Volatility ETF

ρ +0.90beyond mkt +0.45holdout +0.88stable 100%robust

SELV SEI QiM U.S. Large Cap Low Volatility Active ETF

ρ +0.80beyond mkt +0.40holdout +0.76stable 100%robust

SPXT ProShares S&P 500 Ex-Technology ETF

ρ +0.89beyond mkt +0.40holdout +0.85stable 100%robust

QDEF Northern Trust Quality Dividend Defensive ETF

ρ +0.87beyond mkt +0.36holdout +0.79stable 100%robust

Moves against FDLO

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.55beyond mkt -0.03holdout -0.43stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.46beyond mkt -0.02holdout -0.27stable 88%robust

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

ρ -0.61beyond mkt +0.01holdout -0.46stable 100%robust

Weekly, not daily

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

FCX Freeport-McMoran Inc.

horizon 5dρ +0.36holdout +0.29stable 75%robust

DCRE DoubleLine Commercial Real Estate Debt ETF

horizon 5dρ +0.33holdout +0.47stable 62%moderate

SMTC Semtech Corporation Common Stock

horizon 5dρ +0.33holdout +0.02stable 75%moderate

Changed this quarter

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

SMTC Semtech Corporation Common Stock

Δ -0.72recent -0.32prior +0.40beyond mkt +0.10

FORM FormFactor, Inc. FormFactor, Inc. Common Stock

Δ -0.66recent -0.40prior +0.26beyond mkt -0.02

GHM Graham Corporation

Δ -0.65recent -0.24prior +0.40beyond mkt +0.06

AEHR Aehr Test Systems Common Stock

Δ -0.64recent -0.31prior +0.33beyond mkt +0.15

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.63recent -0.45prior +0.19beyond mkt +0.02

MBCE Monarch Blue Chips Elite Index ETF

Δ -0.62recent +0.05prior +0.67beyond mkt +0.01

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
SELV SEI QiM U.S. Large Cap Low Volatility Active ETF	+0.40	+0.80	6
SPXT ProShares S&P 500 Ex-Technology ETF	+0.40	+0.89	6
QLV Northern Trust US Quality Low Volatility ETF	+0.45	+0.90	11
QDEF Northern Trust Quality Dividend Defensive ETF	+0.36	+0.87	8
VIG Vanguard Dividend Appreciation ETF	+0.45	+0.88	15
ZECP Zacks Earnings Consistent Portfolio ETF	+0.50	+0.90	19