FIAX Nicholas Fixed Income Alternative ETF

Last close: 17.34
504-day return: +5.85%
Median $/day: $189k
Relationships shown: 15

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

FIAX vs CGBL

Both indexed to 100 at 2026-05-11.

FIAX CGBL · range 98–104 · 2026-05-11 → 2026-11-06

Moves with FIAX

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

CGBL Capital Group Core Balanced ETF

ρ +0.58beyond mkt +0.13holdout +0.55stable 100%robust

MTUM iShares MSCI USA Momentum Factor ETF

ρ +0.42beyond mkt +0.10holdout +0.21stable 75%moderate

AOCT Innovator Equity Defined Protection ETF - 2 Yr to October 2028

ρ +0.46beyond mkt +0.07holdout +0.30stable 75%robust

RSP Invesco S&P 500 Equal Weight ETF

ρ +0.52beyond mkt -0.07holdout +0.49stable 100%robust

FXR First Trust Industrials/Producer Durables AlphaDEX Fund

ρ +0.48beyond mkt -0.07holdout +0.47stable 100%robust

FIW First Trust Water ETF

ρ +0.45beyond mkt -0.06holdout +0.46stable 100%robust

Moves against FIAX

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.44beyond mkt -0.10holdout -0.31stable 88%robust

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

ρ -0.48beyond mkt -0.08holdout -0.32stable 88%robust

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.38beyond mkt -0.05holdout -0.31stable 75%robust

Weekly, not daily

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

EVG Eaton Vance Short Duration Diversified Income Fund

horizon 10dρ +0.56holdout +0.74stable 62%moderate

JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF

horizon 10dρ +0.55holdout +0.74stable 62%moderate

ERC Allspring Multi-Sector Income Fund

horizon 10dρ +0.50holdout +0.66stable 75%robust

HCSG Healthcare Services Group, Inc. Common Stock

horizon 5dρ +0.41holdout +0.46stable 88%robust

SABA Saba Capital Income & Opportunities Fund II

horizon 10dρ +0.39holdout +0.29stable 100%robust

PZZA Papa John's International, Inc. Common Stock

horizon 10dρ +0.38holdout +0.24stable 38%moderate

Changed this quarter

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

RSST Return Stacked U.S. Stocks & Managed Futures ETF

Δ -0.90recent -0.43prior +0.48beyond mkt -0.03

TAIL Cambria Tail Risk ETF

Δ +0.81recent +0.49prior -0.33beyond mkt +0.01

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.80recent -0.59prior +0.21beyond mkt -0.09

QQQA ProShares Trust ProShares Nasdaq-100 Dorsey Wright Momentum ETF

Δ -0.75recent -0.28prior +0.46beyond mkt +0.05

AOCT Innovator Equity Defined Protection ETF - 2 Yr to October 2028

Δ -0.74recent -0.21prior +0.53beyond mkt +0.07

VMI Valmont Industries, Inc.

Δ -0.73recent -0.35prior +0.38beyond mkt -0.05