HSY The Hershey Company

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

HSY vs FTXG

Both indexed to 100 at 2026-05-11.

HSY FTXG · range 85–108 · 2026-05-11 → 2026-11-06

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

FTXG First Trust Exchange-Traded Fund VI First Trust Nasdaq Food & Beverage ETF

ρ +0.63beyond mkt +0.45holdout +0.66stable 100%robust

MDLZ Mondelez International, Inc. Class A Common Stock

ρ +0.59beyond mkt +0.41holdout +0.64stable 100%robust

XLP State Street Consumer Staples Select Sector SPDR ETF

ρ +0.59beyond mkt +0.36holdout +0.68stable 100%robust

IYK iShares U.S. Consumer Staples ETF

ρ +0.59beyond mkt +0.36holdout +0.67stable 100%robust

FXG First Trust Consumer Staples AlphaDEX Fund

ρ +0.57beyond mkt +0.33holdout +0.60stable 100%robust

GIS General Mills, Inc.

ρ +0.53beyond mkt +0.29holdout +0.52stable 100%robust

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

IRDM Iridium Communications Inc Common Stock

Δ -0.61recent -0.50prior +0.11beyond mkt +0.09

SIF SIFCO Industries, Inc.

Δ -0.58recent -0.59prior -0.01beyond mkt -0.04

DNOW DNOW Inc.

Δ -0.56recent -0.56prior +0.00beyond mkt -0.06

LFUS Littelfuse, Inc. Common Stock

Δ -0.55recent -0.48prior +0.07beyond mkt +0.10

ROG Rogers Corporation

Δ -0.55recent -0.45prior +0.09beyond mkt +0.08

INTC Intel Corporation Common Stock

Δ -0.53recent -0.55prior -0.02beyond mkt +0.05

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

Symbol	beyond mkt	raw ρ	shared
XLP State Street Consumer Staples Select Sector SPDR ETF	+0.36	+0.59	16
IYK iShares U.S. Consumer Staples ETF	+0.36	+0.59	18
MDLZ Mondelez International, Inc. Class A Common Stock	+0.41	+0.59	21
FTXG First Trust Exchange-Traded Fund VI First Trust Nasdaq Food & Beverage ETF	+0.45	+0.63	24