lag 1dρ -0.23holdout -0.23stable 88%$/day $129krobust
HTEC ROBO Global Healthcare Technology and Innovation ETF
- Last close
- 44.70
- 504-day return
- +58.57%
- Median $/day
- $179k
- Relationships shown
- 12
- Leader rank
- #496
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
HTEC vs GNOM
Both indexed to 100 at 2026-05-11.
Follows HTEC
These tend to repeat HTEC's moves later.
lag 1dρ -0.21holdout -0.04stable 75%$/day $228kmoderate
Moves with HTEC
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.83beyond mkt +0.57holdout +0.82stable 100%robust
ρ +0.83beyond mkt +0.56holdout +0.83stable 100%robust
ρ +0.80beyond mkt +0.53holdout +0.80stable 100%robust
ρ +0.80beyond mkt +0.52holdout +0.77stable 100%robust
ρ +0.67beyond mkt +0.50holdout +0.64stable 100%robust
ρ +0.80beyond mkt +0.48holdout +0.81stable 100%robust
Moves against HTEC
ρ -0.47beyond mkt -0.12holdout -0.41stable 88%robust
ρ -0.32beyond mkt +0.06holdout -0.14stable 75%moderate
ρ -0.54beyond mkt -0.03holdout -0.42stable 100%robust
ρ -0.47beyond mkt -0.03holdout -0.38stable 100%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.61recent -0.35prior +0.26beyond mkt -0.04
Δ -0.60recent -0.40prior +0.20beyond mkt -0.01
Δ -0.56recent -0.16prior +0.41beyond mkt +0.02
Δ -0.56recent -0.24prior +0.32beyond mkt -0.01
Δ -0.53recent -0.04prior +0.49beyond mkt -0.02
Δ -0.53recent -0.02prior +0.51beyond mkt +0.04
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| XHE State Street SPDR S&P Health Care Equipment ETF | +0.52 | +0.80 | 5 | |
| IHI iShares U.S. Medical Devices ETF | +0.46 | +0.67 | 7 | |
| GNOM Global X Funds Global X Genomics & Biotechnology ETF | +0.57 | +0.83 | 12 | |
| HEAL Global X Funds Global X HealthTech ETF | +0.41 | +0.75 | 9 | |
| GMED GLOBUS MEDICAL INC | +0.35 | +0.63 | 7 | |
| PBE Invesco Biotechnology & Genome ETF | +0.48 | +0.80 | 14 |