IBAT iShares Trust iShares Energy Storage & Materials ETF

Last close: 33.29
504-day return: +43.56%
Median $/day: $139k
Relationships shown: 15

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

IBAT vs PBD

Both indexed to 100 at 2026-05-11.

IBAT PBD · range 68–107 · 2026-05-11 → 2026-11-06

Moves with IBAT

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

PBD Invesco Global Clean Energy ETF

ρ +0.85beyond mkt +0.50holdout +0.87stable 100%robust

HYDR Global X Funds Global X Hydrogen ETF

ρ +0.76beyond mkt +0.45holdout +0.85stable 100%robust

BE Bloom Energy Corporation

ρ +0.65beyond mkt +0.45holdout +0.72stable 100%robust

DRIV Global X Funds Global X Autonomous & Electric Vehicles ETF

ρ +0.85beyond mkt +0.40holdout +0.86stable 100%robust

SMOG VanEck Low Carbon Energy ETF

ρ +0.79beyond mkt +0.39holdout +0.85stable 100%robust

CNRG State Street SPDR S&P Kensho Grid Innovation ETF

ρ +0.77beyond mkt +0.38holdout +0.78stable 100%robust

Moves against IBAT

KR The Kroger Co.

ρ -0.32beyond mkt -0.04holdout -0.48stable 75%robust

TAIL Cambria Tail Risk ETF

ρ -0.46beyond mkt -0.03holdout -0.42stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.47beyond mkt -0.01holdout -0.45stable 100%robust

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

ρ -0.56beyond mkt +0.01holdout -0.55stable 100%robust

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

ρ -0.67beyond mkt +0.01holdout -0.78stable 100%robust

Weekly, not daily

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

TNON Tenon Medical, Inc. Common Stock

horizon 5dρ +0.41holdout +0.29stable 62%moderate

TKC TURKCELL ILETISIM HIZMETLERI A.S. ADS

horizon 10dρ +0.39holdout +0.38stable 75%robust

AXNX Axonex AI Group Limited Class A Ordinary Shares

horizon 10dρ +0.35holdout +0.46stable 38%moderate

PHK PIMCO High Income Fund

horizon 5dρ +0.33holdout +0.25stable 75%robust

Changed this quarter

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

GCOW Pacer Global Cash Cows Dividend ETF

Δ -0.67recent -0.34prior +0.32beyond mkt -0.07

WSO Watsco, Inc.

Δ -0.65recent -0.24prior +0.41beyond mkt +0.06

DIVB iShares Core Dividend ETF

Δ -0.63recent -0.22prior +0.41beyond mkt +0.09

DOW Dow Inc.

Δ -0.61recent -0.36prior +0.25beyond mkt +0.03

ONEY State Street SPDR Russell 1000 Yield Focus ETF

Δ -0.61recent -0.20prior +0.41beyond mkt +0.03

BINV Brandes International ETF

Δ -0.58recent -0.09prior +0.49beyond mkt -0.07

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
IDRV iShares Self-Driving EV and Tech ETF	+0.37	+0.77	13
ICLN iShares Global Clean Energy ETF	+0.37	+0.75	14
DRIV Global X Funds Global X Autonomous & Electric Vehicles ETF	+0.40	+0.85	16
CNRG State Street SPDR S&P Kensho Grid Innovation ETF	+0.38	+0.77	15
PBD Invesco Global Clean Energy ETF	+0.50	+0.85	19
HYDR Global X Funds Global X Hydrogen ETF	+0.45	+0.76	19