lag 1dρ -0.23holdout -0.31stable 88%$/day $3.6Mrobust
FEUZ First Trust Exchange-Traded AlphDEX Fund II First Trust Eurozone AlphaDEX ETF
- Last close
- 63.29
- 504-day return
- +58.11%
- Median $/day
- $147k
- Relationships shown
- 14
- Leader rank
- #396
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
Same exposure: FGM move almost identically to FEUZ (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.
FEUZ vs EWI
Both indexed to 100 at 2026-05-11.
Follows FEUZ
These tend to repeat FEUZ's moves later.
Moves with FEUZ
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.86beyond mkt +0.56holdout +0.85stable 100%robust
ρ +0.85beyond mkt +0.55holdout +0.86stable 100%robust
ρ +0.86beyond mkt +0.54holdout +0.87stable 100%robust
ρ +0.84beyond mkt +0.52holdout +0.83stable 100%robust
ρ +0.80beyond mkt +0.49holdout +0.79stable 100%robust
ρ +0.85beyond mkt +0.45holdout +0.87stable 100%robust
Moves against FEUZ
ρ -0.53beyond mkt -0.18holdout -0.67stable 100%robust
ρ -0.52beyond mkt -0.10holdout -0.65stable 100%robust
ρ -0.45beyond mkt -0.10holdout -0.55stable 100%robust
ρ -0.33beyond mkt -0.01holdout -0.29stable 75%robust
ρ -0.42beyond mkt +0.01holdout -0.56stable 88%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 -0.62recent -0.38prior +0.25beyond mkt -0.08
Δ -0.57recent -0.20prior +0.37beyond mkt +0.05
Δ -0.56recent -0.43prior +0.13beyond mkt +0.04
Δ -0.55recent -0.22prior +0.33beyond mkt -0.07
Δ -0.53recent -0.42prior +0.11beyond mkt +0.10
Δ -0.51recent -0.14prior +0.37beyond mkt -0.03
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| DFIV Dimensional International Value ETF | +0.45 | +0.85 | 4 | |
| EWG iShares MSCI Germany ETF | +0.55 | +0.85 | 17 | |
| EUFN iShares MSCI Europe Financials ETF | +0.52 | +0.84 | 17 | |
| SAN Banco Santander S.A. | +0.38 | +0.74 | 14 | |
| DB Deutsche Bank Aktiengesellschaft | +0.39 | +0.73 | 15 | |
| BBVA Banco Bilbao Vizcaya Argentaria, S.A. | +0.37 | +0.72 | 15 |