IAF abrdn Australia Equity Fund, Inc.

Last close: 12.41
504-day return: -61.12%
Median $/day: $218k
Relationships shown: 17
Leader rank: #949

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

IAF vs EWA

Both indexed to 100 at 2026-05-11.

IAF EWA · range 95–109 · 2026-05-11 → 2026-11-06

Follows IAF

These tend to repeat IAF's moves later.

ERC Allspring Multi-Sector Income Fund

lag 1dρ +0.21holdout +0.16stable 88%$/day $680krobust

Moves with IAF

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

EWA iShares MSCI Australia ETF

ρ +0.75beyond mkt +0.50holdout +0.75stable 100%robust

ENZL iShares Trust iShares MSCI New Zealand ETF

ρ +0.50beyond mkt +0.19holdout +0.54stable 100%robust

RENT Rent the Runway, Inc. Class A Common Stock

ρ +0.31beyond mkt +0.16holdout +0.33stable 88%robust

AAPL Apple Inc. Common Stock

ρ +0.31beyond mkt +0.08holdout +0.36stable 88%robust

NMAI Nuveen Multi-Asset Income Fund

ρ +0.42beyond mkt +0.08holdout +0.40stable 100%robust

EMEQ Nomura ETF Trust Nomura Focused Emerging Markets Equity ETF

ρ +0.38beyond mkt -0.07holdout +0.32stable 88%robust

Moves against IAF

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.39beyond mkt -0.06holdout -0.45stable 100%robust

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

ρ -0.43beyond mkt -0.05holdout -0.54stable 100%robust

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.34beyond mkt +0.00holdout -0.41stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.35beyond mkt -0.00holdout -0.44stable 100%robust

Weekly, not daily

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

ERC Allspring Multi-Sector Income Fund

horizon 10dρ +0.57holdout +0.67stable 62%moderate

FPI Farmland Partners Inc.

horizon 10dρ +0.46holdout +0.38stable 75%robust

PAG Penske Automotive Group, Inc.

horizon 10dρ +0.43holdout +0.40stable 88%robust

UTMD Utah Medical Products, Inc. Common Stock

horizon 10dρ +0.41holdout +0.17stable 62%moderate

TLK PT Telekomunikasi Indonesia

horizon 5dρ +0.33holdout +0.30stable 75%robust

HON Honeywell International Inc. Common Stock

horizon 5dρ +0.32holdout +0.37stable 75%robust

Changed this quarter

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

FPI Farmland Partners Inc.

Δ -0.47recent -0.12prior +0.34beyond mkt +0.05

TKR The Timken Company

Δ -0.41recent -0.05prior +0.36beyond mkt +0.03

BTX BlackRock Technology and Private Equity Term Trust

Δ -0.40recent -0.05prior +0.35beyond mkt -0.03

MTRN Materion Corporation

Δ -0.39recent -0.02prior +0.36beyond mkt +0.04

VMI Valmont Industries, Inc.

Δ -0.38recent -0.01prior +0.37beyond mkt +0.05

AEHR Aehr Test Systems Common Stock

Δ -0.38recent -0.03prior +0.34beyond mkt +0.04

Hidden links

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

Symbol	beyond mkt	raw ρ	shared	isolation
EWA iShares MSCI Australia ETF	+0.50	+0.75	9