lag 1dρ +0.23holdout +0.27stable 75%$/day $1.1Mrobust
FDRV Fidelity Electric Vehicles and Future Transportation ETF
- Last close
- 14.78
- 504-day return
- +13.01%
- Median $/day
- $116k
- Relationships shown
- 16
- Leader rank
- #497
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
FDRV vs IDRV
Both indexed to 100 at 2026-05-11.
Follows FDRV
These tend to repeat FDRV's moves later.
Moves with FDRV
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.89beyond mkt +0.69holdout +0.88stable 100%robust
ρ +0.92beyond mkt +0.67holdout +0.92stable 100%robust
ρ +0.85beyond mkt +0.59holdout +0.85stable 100%robust
ρ +0.78beyond mkt +0.55holdout +0.83stable 100%robust
ρ +0.86beyond mkt +0.54holdout +0.86stable 100%robust
ρ +0.63beyond mkt +0.52holdout +0.60stable 100%robust
Moves against FDRV
ρ -0.50beyond mkt +0.06holdout -0.43stable 100%robust
ρ -0.60beyond mkt +0.03holdout -0.57stable 100%robust
ρ -0.69beyond mkt +0.01holdout -0.78stable 100%robust
ρ -0.48beyond mkt -0.01holdout -0.44stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.38holdout +0.31stable 88%robust
horizon 10dρ +0.37holdout +0.42stable 25%moderate
horizon 5dρ +0.37holdout +0.41stable 62%moderate
horizon 5dρ +0.33holdout +0.37stable 75%robust
horizon 5dρ +0.31holdout +0.16stable 75%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.63recent -0.43prior +0.19beyond mkt +0.00
Δ -0.60recent -0.52prior +0.08beyond mkt -0.02
Δ -0.55recent -0.15prior +0.40beyond mkt -0.09
Δ +0.54recent +0.58prior +0.04beyond mkt -0.03
Δ -0.52recent -0.42prior +0.10beyond mkt -0.03
Δ -0.52recent -0.36prior +0.16beyond mkt -0.03
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| DRIV Global X Funds Global X Autonomous & Electric Vehicles ETF | +0.67 | +0.92 | 14 | |
| PBW Invesco WilderHill Clean Energy ETF | +0.41 | +0.79 | 8 | |
| SMOG VanEck Low Carbon Energy ETF | +0.59 | +0.85 | 15 | |
| BATT Amplify Lithium & Battery Technology ETF | +0.46 | +0.79 | 12 | |
| PBD Invesco Global Clean Energy ETF | +0.44 | +0.83 | 12 | |
| ERTH Invesco MSCI Sustainable Future ETF | +0.54 | +0.86 | 16 |