HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF

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

HDEF vs FIDI

Both indexed to 100 at 2026-05-11.

HDEF FIDI · range 98–110 · 2026-05-11 → 2026-11-06

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

FIDI Fidelity International High Dividend ETF

ρ +0.87beyond mkt +0.56holdout +0.87stable 100%robust

EWL iShares MSCI Switzerland ETF

ρ +0.81beyond mkt +0.52holdout +0.80stable 100%robust

GCOW Pacer Global Cash Cows Dividend ETF

ρ +0.83beyond mkt +0.50holdout +0.82stable 100%robust

IDV iShares International Select Dividend ETF

ρ +0.83beyond mkt +0.50holdout +0.77stable 100%robust

DWX State Street SPDR S&P International Dividend ETF

ρ +0.83beyond mkt +0.46holdout +0.82stable 100%robust

DFIV Dimensional International Value ETF

ρ +0.81beyond mkt +0.41holdout +0.71stable 100%robust

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.56beyond mkt -0.20holdout -0.54stable 100%robust

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

ρ -0.33beyond mkt +0.03holdout -0.32stable 88%robust

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

PGP PIMCO Global StockPLUS & Income Fund

horizon 10dρ +0.43holdout +0.33stable 50%moderate

DMO Western Asset Mortgage Opportunity Fund Inc.

horizon 10dρ +0.40holdout +0.59stable 38%moderate

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

FORM FormFactor, Inc. FormFactor, Inc. Common Stock

Δ -0.83recent -0.63prior +0.20beyond mkt +0.04

IPGP IPG Photonics Corporation Common Stock

Δ -0.80recent -0.51prior +0.29beyond mkt +0.06

MTRN Materion Corporation

Δ -0.76recent -0.45prior +0.31beyond mkt -0.01

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.75recent -0.42prior +0.34beyond mkt -0.00

AHLT American Beacon AHL Trend ETF

Δ -0.74recent -0.49prior +0.25beyond mkt -0.00

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.73recent -0.54prior +0.19beyond mkt -0.02

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

Symbol	beyond mkt	raw ρ	shared
DFIV Dimensional International Value ETF	+0.41	+0.81	7
EWL iShares MSCI Switzerland ETF	+0.52	+0.81	13
DWX State Street SPDR S&P International Dividend ETF	+0.46	+0.83	11
LVHI Franklin International Low Volatility High Dividend Index ETF	+0.40	+0.76	9
FIDI Fidelity International High Dividend ETF	+0.56	+0.87	16
GCOW Pacer Global Cash Cows Dividend ETF	+0.50	+0.83	15