FPX First Trust US Equity Opportunities ETF

Last close: 160.37
504-day return: +44.87%
Median $/day: $3.7M
Relationships shown: 21
Leader rank: #4

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

Same exposure: FPXI move almost identically to FPX (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.

FPX vs VFMO

Both indexed to 100 at 2026-05-11.

FPX VFMO · range 83–108 · 2026-05-11 → 2026-11-06

Follows FPX

These tend to repeat FPX's moves later.

CHW Calamos Global Dynamic Income Fund Common Stock

lag 1dρ +0.27holdout +0.31stable 88%$/day $1.1Mrobust

ACV Virtus Diversified Income & Convertible Fund

lag 1dρ +0.23holdout +0.23stable 100%$/day $601krobust

BCV Bancroft Fund Ltd.

lag 1dρ +0.24holdout +0.20stable 88%$/day $290krobust

AIO Virtus Artificial Intelligence & Technology Opportunities Fund

lag 1dρ +0.21holdout +0.22stable 88%$/day $1.7Mrobust

TFPN Blueprint Chesapeake Multi-Asset Trend ETF

lag 1dρ +0.20holdout +0.28stable 88%$/day $169krobust

NXG NXG NextGen Infrastructure Income Fund

lag 1dρ +0.20holdout +0.25stable 88%$/day $2.1Mrobust

Moves with FPX

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

VFMO Vanguard U.S. Momentum Factor ETF

ρ +0.90beyond mkt +0.54holdout +0.91stable 100%robust

FCUS Pinnacle Focused Opportunities ETF

ρ +0.86beyond mkt +0.51holdout +0.86stable 100%robust

FRTY Alger Mid Cap 40 ETF

ρ +0.88beyond mkt +0.47holdout +0.82stable 100%robust

MTUM iShares MSCI USA Momentum Factor ETF

ρ +0.88beyond mkt +0.47holdout +0.88stable 100%robust

RPG Invesco S&P 500 Pure Growth ETF

ρ +0.89beyond mkt +0.46holdout +0.92stable 100%robust

TMAT Main Thematic Innovation ETF

ρ +0.88beyond mkt +0.42holdout +0.87stable 100%robust

Moves against FPX

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

ρ -0.76beyond mkt -0.14holdout -0.80stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.54beyond mkt +0.12holdout -0.42stable 100%robust

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

ρ -0.59beyond mkt +0.09holdout -0.51stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.54beyond mkt -0.01holdout -0.39stable 88%robust

Weekly, not daily

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

ILPT Industrial Logistics Properties Trust Common Shares of Beneficial Interest

horizon 10dρ +0.43holdout +0.34stable 50%moderate

FWONK Liberty Media Corporation Series C Common Stock

horizon 10dρ +0.39holdout +0.26stable 50%moderate

DIVB iShares Core Dividend ETF

horizon 5dρ +0.36holdout +0.03stable 75%moderate

DDC DDC Enterprise Limited

horizon 5dρ +0.32holdout +0.49stable 62%moderate

EXPE Expedia Group, Inc. Common Stock

horizon 5dρ +0.31holdout +0.06stable 75%moderate

Changed this quarter

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

CARG CarGurus, Inc. Class A Common Stock

Δ -0.67recent -0.36prior +0.31beyond mkt +0.06

DIVB iShares Core Dividend ETF

Δ -0.67recent -0.29prior +0.38beyond mkt -0.07

TPR Tapestry, Inc. Common Stock

Δ -0.67recent -0.19prior +0.48beyond mkt +0.10

CHWY Chewy, Inc.

Δ -0.65recent -0.39prior +0.26beyond mkt +0.07

EBIZ Global X Funds Global X E-commerce ETF

Δ -0.65recent -0.11prior +0.53beyond mkt +0.14

MNDY monday.com Ltd. Ordinary Shares

Δ -0.64recent -0.31prior +0.33beyond mkt +0.10

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
GEV GE Vernova Inc.	+0.35	+0.71	1
APP Applovin Corporation Class A Common Stock	+0.41	+0.57	7
TMAT Main Thematic Innovation ETF	+0.42	+0.88	11
VFMO Vanguard U.S. Momentum Factor ETF	+0.54	+0.90	16
MTUM iShares MSCI USA Momentum Factor ETF	+0.47	+0.88	14
FRTY Alger Mid Cap 40 ETF	+0.47	+0.88	15