lag 1dρ +0.24holdout +0.35stable 88%$/day $21.9Mrobust
FUMB First Trust Ultra Short Duration Municipal ETF
- Last close
- 20.07
- 504-day return
- +5.77%
- Median $/day
- $981k
- Relationships shown
- 7
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
FUMB vs ODD, shifted 1d
Both indexed to 100 at 2026-05-11. ODD is drawn 1 trading day later than it happened, so if it leads, the lines move together.
Leads FUMB
FUMB tends to repeat these symbols' moves some days later. The highlighted bar is the lag.
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.64holdout +0.70stable 38%moderate
horizon 10dρ +0.62holdout +0.73stable 88%robust
horizon 10dρ +0.61holdout +0.60stable 50%moderate
horizon 10dρ +0.61holdout +0.70stable 62%moderate
horizon 10dρ +0.58holdout +0.70stable 62%moderate
horizon 10dρ +0.58holdout +0.67stable 25%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ +0.46recent +0.38prior -0.07beyond mkt -0.01
Δ +0.45recent +0.38prior -0.07beyond mkt +0.00
Δ +0.42recent +0.36prior -0.06beyond mkt -0.01
Δ +0.41recent +0.38prior -0.03beyond mkt +0.01
Δ +0.41recent +0.56prior +0.16beyond mkt +0.10
Δ +0.41recent +0.34prior -0.06beyond mkt -0.06