ρ +0.83beyond mkt +0.57holdout +0.82stable 100%robust
GNOM Global X Funds Global X Genomics & Biotechnology ETF
- Last close
- 64.65
- 504-day return
- +56.34%
- Median $/day
- $461k
- Relationships shown
- 14
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
GNOM vs HTEC
Both indexed to 100 at 2026-05-11.
Moves with GNOM
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.84beyond mkt +0.53holdout +0.89stable 100%robust
ρ +0.87beyond mkt +0.50holdout +0.89stable 100%robust
ρ +0.85beyond mkt +0.48holdout +0.87stable 100%robust
ρ +0.87beyond mkt +0.45holdout +0.85stable 100%robust
ρ +0.64beyond mkt +0.45holdout +0.68stable 100%robust
Moves against GNOM
ρ -0.51beyond mkt -0.10holdout -0.55stable 100%robust
ρ -0.35beyond mkt +0.03holdout -0.24stable 75%robust
ρ -0.40beyond mkt +0.02holdout -0.39stable 88%robust
ρ -0.49beyond mkt -0.01holdout -0.47stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 5dρ +0.39holdout +0.38stable 100%robust
horizon 10dρ +0.39holdout +0.35stable 50%moderate
horizon 10dρ +0.35holdout +0.37stable 75%robust
horizon 5dρ +0.32holdout +0.24stable 75%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.55recent -0.20prior +0.35beyond mkt -0.01
Δ -0.54recent -0.16prior +0.37beyond mkt -0.01
Δ -0.52recent -0.09prior +0.43beyond mkt +0.01
Δ -0.51recent -0.08prior +0.42beyond mkt -0.02
Δ -0.51recent -0.17prior +0.33beyond mkt +0.03
Δ -0.51recent -0.14prior +0.36beyond mkt -0.06
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| HTEC ROBO Global Healthcare Technology and Innovation ETF | +0.57 | +0.83 | 12 | |
| IBB iShares Biotechnology ETF | +0.48 | +0.85 | 9 | |
| XBI State Street SPDR S&P Biotech ETF | +0.45 | +0.87 | 9 | |
| CRSP CRISPR Therapeutics AG Common Shares | +0.38 | +0.74 | 6 | |
| MRNA Moderna, Inc. Common Stock | +0.39 | +0.70 | 8 | |
| IDNA iShares Genomics Immunology and Healthcare ETF | +0.50 | +0.87 | 13 |