ρ +0.91beyond mkt +0.61holdout +0.93stable 100%robust
GGME Invesco Next Gen Media and Gaming ETF
- Last close
- 61.09
- 504-day return
- +24.39%
- Median $/day
- $188k
- Relationships shown
- 12
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
GGME vs FMET
Both indexed to 100 at 2026-05-11.
Moves with GGME
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.62beyond mkt +0.39holdout +0.56stable 100%robust
ρ +0.71beyond mkt +0.37holdout +0.63stable 100%robust
ρ +0.86beyond mkt +0.36holdout +0.86stable 100%robust
ρ +0.84beyond mkt +0.35holdout +0.86stable 100%robust
ρ +0.74beyond mkt +0.32holdout +0.78stable 100%robust
Moves against GGME
ρ -0.60beyond mkt +0.11holdout -0.49stable 100%robust
ρ -0.54beyond mkt +0.08holdout -0.42stable 100%robust
ρ -0.54beyond mkt +0.06holdout -0.40stable 100%robust
ρ -0.60beyond mkt +0.05holdout -0.56stable 100%robust
ρ -0.33beyond mkt +0.02holdout -0.36stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.43holdout +0.40stable 75%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.58recent -0.18prior +0.40beyond mkt +0.14
Δ -0.57recent -0.14prior +0.43beyond mkt +0.03
Δ -0.54recent -0.12prior +0.42beyond mkt -0.00
Δ -0.54recent -0.08prior +0.45beyond mkt -0.11
Δ +0.44recent +0.45prior +0.01beyond mkt +0.02
Δ -0.44recent +0.06prior +0.50beyond mkt -0.04
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.