FDX FedEx Corporation

Last close: 308.14
504-day return: +45.18%
Median $/day: $372.6M
Relationships shown: 13

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

FDX vs UPS

Both indexed to 100 at 2026-05-11.

FDX UPS · range 92–120 · 2026-05-11 → 2026-11-06

Moves with FDX

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

UPS United Parcel Service, Inc. Class B

ρ +0.68beyond mkt +0.48holdout +0.67stable 100%robust

IYT iShares U.S. Transportation ETF

ρ +0.67beyond mkt +0.40holdout +0.68stable 100%robust

FTXR First Trust Exchange-Traded Fund VI First Trust Nasdaq Transportation ETF

ρ +0.66beyond mkt +0.36holdout +0.60stable 100%robust

XTN State Street SPDR S&P Transportation ETF

ρ +0.64beyond mkt +0.35holdout +0.59stable 100%robust

GXO GXO Logistics, Inc.

ρ +0.57beyond mkt +0.29holdout +0.57stable 100%robust

HUBG Hub Group, Inc. Class A Common Stock

ρ +0.57beyond mkt +0.28holdout +0.55stable 100%robust

Moves against FDX

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.31beyond mkt +0.02holdout -0.23stable 88%robust

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

ρ -0.36beyond mkt +0.02holdout -0.30stable 100%robust

Weekly, not daily

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

WHD Cactus, Inc.

horizon 10dρ +0.52holdout +0.43stable 75%robust

OIH VanEck Oil Services ETF

horizon 10dρ +0.48holdout +0.30stable 62%moderate

MCO Moody's Corporation

horizon 5dρ +0.39holdout +0.38stable 75%robust

HP Helmerich & Payne, Inc.

horizon 10dρ +0.35holdout +0.25stable 62%moderate

KEYS Keysight Technologies, Inc.

horizon 5dρ +0.31holdout +0.11stable 75%moderate

Changed this quarter

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

ESOA Energy Services of America Corporation Common Stock

Δ -0.64recent -0.40prior +0.24beyond mkt -0.01

INTC Intel Corporation Common Stock

Δ -0.63recent -0.33prior +0.30beyond mkt +0.03

OIH VanEck Oil Services ETF

Δ -0.63recent -0.30prior +0.32beyond mkt -0.01

SD SandRidge Energy, Inc.

Δ -0.62recent -0.51prior +0.11beyond mkt +0.01

IPGP IPG Photonics Corporation Common Stock

Δ -0.62recent -0.29prior +0.33beyond mkt -0.07

PLPC Preformed Line Products Company Common Stock

Δ -0.62recent -0.31prior +0.31beyond mkt -0.01

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
FTXR First Trust Exchange-Traded Fund VI First Trust Nasdaq Transportation ETF	+0.36	+0.66	7
UPS United Parcel Service, Inc. Class B	+0.48	+0.68	16
IYT iShares U.S. Transportation ETF	+0.40	+0.67	20