FRTY Alger Mid Cap 40 ETF

Last close: 20.18
504-day return: +16.78%
Median $/day: $399k
Relationships shown: 16
Leader rank: #54

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

FRTY vs FPX

Both indexed to 100 at 2026-05-11.

FRTY FPX · range 83–111 · 2026-05-11 → 2026-11-06

Follows FRTY

These tend to repeat FRTY's moves later.

CHW Calamos Global Dynamic Income Fund Common Stock

lag 1dρ +0.25holdout +0.27stable 88%$/day $1.1Mrobust

BCV Bancroft Fund Ltd.

lag 1dρ +0.23holdout +0.16stable 88%$/day $290krobust

NXG NXG NextGen Infrastructure Income Fund

lag 1dρ +0.20holdout +0.26stable 88%$/day $2.1Mrobust

ACV Virtus Diversified Income & Convertible Fund

lag 1dρ +0.21holdout +0.13stable 75%$/day $601krobust

Moves with FRTY

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

FPX First Trust US Equity Opportunities ETF

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

IWP iShares Russell Mid-Cap Growth ETF

ρ +0.86beyond mkt +0.44holdout +0.84stable 100%robust

VFMO Vanguard U.S. Momentum Factor ETF

ρ +0.86beyond mkt +0.41holdout +0.86stable 100%robust

TMAT Main Thematic Innovation ETF

ρ +0.87beyond mkt +0.36holdout +0.89stable 100%robust

FFTY CapForce IBD 50 ETF

ρ +0.81beyond mkt +0.36holdout +0.82stable 100%robust

SAMT Strategas Macro Thematic Opportunities ETF

ρ +0.80beyond mkt +0.35holdout +0.74stable 100%robust

Moves against FRTY

TAIL Cambria Tail Risk ETF

ρ -0.54beyond mkt +0.10holdout -0.44stable 100%robust

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

ρ -0.74beyond mkt -0.09holdout -0.80stable 100%robust

ED Consolidated Edison, Inc.

ρ -0.34beyond mkt -0.08holdout -0.43stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.55beyond mkt -0.04holdout -0.43stable 100%robust

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

ρ -0.60beyond mkt +0.04holdout -0.52stable 100%robust

Weekly, not daily

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

DIVB iShares Core Dividend ETF

horizon 5dρ +0.31holdout +0.04stable 75%moderate

Changed this quarter

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

TPR Tapestry, Inc. Common Stock

Δ -0.68recent -0.21prior +0.47beyond mkt +0.06

PLMR Palomar Holdings, Inc. Common stock

Δ -0.65recent -0.54prior +0.12beyond mkt +0.12

SPOT Spotify Technology S.A.

Δ -0.62recent -0.30prior +0.32beyond mkt +0.15

DIVB iShares Core Dividend ETF

Δ -0.62recent -0.24prior +0.37beyond mkt -0.04

UPBD Upbound Group, Inc. Common Stock

Δ -0.61recent -0.31prior +0.31beyond mkt +0.01

CTVA Corteva, Inc. Common Stock

Δ -0.59recent -0.38prior +0.22beyond mkt +0.10

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
SAMT Strategas Macro Thematic Opportunities ETF	+0.35	+0.80	7
FPX First Trust US Equity Opportunities ETF	+0.47	+0.88	15
IWP iShares Russell Mid-Cap Growth ETF	+0.44	+0.86	14
VFMO Vanguard U.S. Momentum Factor ETF	+0.41	+0.86	14
TMAT Main Thematic Innovation ETF	+0.36	+0.87	14
FFTY CapForce IBD 50 ETF	+0.36	+0.81	16