HESM Hess Midstream LP Class A Share representing a limited partner Interest

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

HESM vs AMLP

Both indexed to 100 at 2026-05-11.

HESM AMLP · range 78–109 · 2026-05-11 → 2026-11-06

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

AMLP Alerian MLP ETF

ρ +0.75beyond mkt +0.55holdout +0.74stable 100%robust

MLPX Global X MLP & Energy Infrastructure ETF

ρ +0.71beyond mkt +0.47holdout +0.72stable 100%robust

AM Antero Midstream Corporation Common Stock

ρ +0.62beyond mkt +0.40holdout +0.65stable 100%robust

OKE Oneok, Inc.

ρ +0.63beyond mkt +0.33holdout +0.66stable 100%robust

TRGP Targa Resources Corp.

ρ +0.62beyond mkt +0.33holdout +0.63stable 100%robust

EIPX FT Energy Income Partners Strategy ETF

ρ +0.64beyond mkt +0.30holdout +0.65stable 100%robust

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

LBTYA Liberty Global Ltd. Class A Common Shares

horizon 10dρ +0.35holdout +0.23stable 25%moderate

PBT Permian Basin Royalty Trust

horizon 5dρ +0.31holdout +0.33stable 75%robust

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

DLX Deluxe Corporation

Δ -0.49recent -0.34prior +0.15beyond mkt -0.01

MQ Marqeta, Inc. Class A Common Stock

Δ -0.48recent -0.37prior +0.11beyond mkt +0.01

PHI PLDT Inc.

Δ -0.47recent -0.34prior +0.13beyond mkt +0.04

WMK Weis Markets, Inc.

Δ -0.46recent -0.37prior +0.09beyond mkt -0.02

HPK HighPeak Energy, Inc. Common Stock

Δ -0.46recent -0.10prior +0.35beyond mkt -0.10

CARG CarGurus, Inc. Class A Common Stock

Δ -0.45recent -0.33prior +0.12beyond mkt +0.02

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

Symbol	beyond mkt	raw ρ	shared
AM Antero Midstream Corporation Common Stock	+0.40	+0.62	21
MLPX Global X MLP & Energy Infrastructure ETF	+0.47	+0.71	23
AMLP Alerian MLP ETF	+0.55	+0.75	25