FTRI First Trust Exchange-Traded Fund II First Trust Indxx Global Natural Resources Income ETF

Last close: 17.09
504-day return: +37.40%
Median $/day: $417k
Relationships shown: 14

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

FTRI vs GUNR

Both indexed to 100 at 2026-05-11.

FTRI GUNR · range 89–107 · 2026-05-11 → 2026-11-06

Moves with FTRI

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

GUNR Northern Trust Morningstar Global Upstream Natural Resources ETF

ρ +0.88beyond mkt +0.62holdout +0.85stable 100%robust

IYM iShares U.S. Basic Materials ETF

ρ +0.78beyond mkt +0.43holdout +0.83stable 100%robust

MGNR American Beacon GLG Natural Resources ETF

ρ +0.81beyond mkt +0.40holdout +0.85stable 100%robust

GDX VanEck Gold Miners ETF

ρ +0.74beyond mkt +0.37holdout +0.84stable 100%robust

COPX Global X Copper Miners ETF (NEW)

ρ +0.74beyond mkt +0.33holdout +0.77stable 100%robust

NTR Nutrien Ltd. Common Shares

ρ +0.47beyond mkt +0.31holdout +0.37stable 100%robust

Moves against FTRI

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

ρ -0.33beyond mkt -0.08holdout -0.39stable 88%robust

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.40beyond mkt +0.06holdout -0.53stable 100%robust

Weekly, not daily

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

KT KT Corp.

horizon 10dρ +0.49holdout +0.54stable 88%robust

DBMF iMGP DBi Managed Futures Strategy ETF

horizon 5dρ +0.44holdout +0.07stable 75%moderate

HII Huntington Ingalls Industries, Inc.

horizon 10dρ +0.39holdout +0.28stable 88%robust

XLE State Street Energy Select Sector SPDR ETF

horizon 10dρ +0.38holdout +0.13stable 75%moderate

PR Permian Resources Corporation

horizon 10dρ +0.38holdout +0.23stable 62%moderate

COP ConocoPhillips

horizon 10dρ +0.36holdout +0.23stable 50%moderate

Changed this quarter

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

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.63recent -0.22prior +0.41beyond mkt +0.01

AHLT American Beacon AHL Trend ETF

Δ -0.61recent -0.15prior +0.45beyond mkt -0.01

HII Huntington Ingalls Industries, Inc.

Δ -0.52recent -0.22prior +0.30beyond mkt -0.11

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.52recent -0.04prior +0.48beyond mkt +0.04

MOOD Alpha Architect ETF Trust Relative Sentiment Tactical Allocation ETF

Δ -0.47recent +0.24prior +0.70beyond mkt -0.00

WTMF WisdomTree Managed Futures Strategy Fund

Δ -0.44recent -0.05prior +0.39beyond mkt -0.02

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
GUNR Northern Trust Morningstar Global Upstream Natural Resources ETF	+0.62	+0.88	16
GDX VanEck Gold Miners ETF	+0.37	+0.74	10
IYM iShares U.S. Basic Materials ETF	+0.43	+0.78	14
MGNR American Beacon GLG Natural Resources ETF	+0.40	+0.81	15