FLOT iShares Floating Rate Bond ETF

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

FLOT vs FLRN

Both indexed to 100 at 2026-05-11.

FLOT FLRN · range 100–102 · 2026-05-11 → 2026-11-06

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

FLRN State Street SPDR Bloomberg Investment Grade Floating Rate ETF

ρ +0.51beyond mkt +0.43holdout +0.51stable 100%robust

FLTR VanEck IG Floating Rate ETF

ρ +0.36beyond mkt +0.28holdout +0.30stable 75%robust

BSJQ Invesco BulletShares 2026 High Yield Corporate Bond ETF

ρ +0.35beyond mkt +0.12holdout +0.21stable 88%robust

CGMM Capital Group U.S. Small and Mid Cap ETF

ρ +0.40beyond mkt +0.11holdout +0.31stable 88%robust

MISL First Trust Indxx Aerospace & Defense ETF

ρ +0.31beyond mkt +0.10holdout +0.23stable 75%robust

FV First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Focus 5 ETF

ρ +0.30beyond mkt -0.10holdout +0.21stable 75%robust

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

ρ -0.33beyond mkt -0.00holdout -0.19stable 75%robust

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

IGHG ProShares Investment Grade-Interest Rate Hedged

horizon 10dρ +0.58holdout +0.49stable 75%robust

PSH PGIM Short Duration High Yield ETF

horizon 10dρ +0.40holdout +0.20stable 62%moderate

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

BSJQ Invesco BulletShares 2026 High Yield Corporate Bond ETF

Δ -0.51recent -0.12prior +0.38beyond mkt +0.12

PCRX Pacira BioSciences, Inc. Common Stock

Δ -0.46recent -0.36prior +0.10beyond mkt -0.03

HYDW Xtrackers Low Beta High Yield Bond ETF

Δ -0.45recent -0.06prior +0.39beyond mkt +0.05

WKHS Workhorse Group, Inc. Common Stock

Δ -0.43recent -0.32prior +0.12beyond mkt -0.06

PSH PGIM Short Duration High Yield ETF

Δ -0.42recent -0.11prior +0.31beyond mkt -0.01

JBTM JBT Marel Corporation

Δ -0.40recent -0.09prior +0.31beyond mkt +0.08

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

Symbol	beyond mkt	raw ρ	shared	isolation
FLRN State Street SPDR Bloomberg Investment Grade Floating Rate ETF	+0.43	+0.51	6