IBB iShares Biotechnology ETF

Last close: 213.63
504-day return: +50.21%
Median $/day: $253.0M
Relationships shown: 11

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

Same exposure: BBH move almost identically to IBB (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.

IBB vs FBT

Both indexed to 100 at 2026-05-11.

IBB FBT · range 96–134 · 2026-05-11 → 2026-11-06

Moves with IBB

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

FBT First Trust NYSE Arca Biotechnology Index Fund

ρ +0.91beyond mkt +0.72holdout +0.92stable 100%robust

PBE Invesco Biotechnology & Genome ETF

ρ +0.91beyond mkt +0.71holdout +0.92stable 100%robust

XBI State Street SPDR S&P Biotech ETF

ρ +0.92beyond mkt +0.66holdout +0.93stable 100%robust

IDNA iShares Genomics Immunology and Healthcare ETF

ρ +0.90beyond mkt +0.56holdout +0.92stable 100%robust

BBP Virtus Biotech ETF

ρ +0.89beyond mkt +0.54holdout +0.91stable 100%robust

HRTS Tema ETF Trust Tema Heart & Health ETF

ρ +0.84beyond mkt +0.51holdout +0.84stable 100%robust

Moves against IBB

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

ρ -0.39beyond mkt -0.09holdout -0.41stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.37beyond mkt +0.04holdout -0.35stable 100%robust

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

ρ -0.46beyond mkt -0.01holdout -0.43stable 100%robust

Weekly, not daily

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

DHY UBS Asset Management High Yield Credit Fund

horizon 5dρ +0.31holdout +0.38stable 88%robust

CDRE Cadre Holdings, Inc.

horizon 5dρ +0.31holdout +0.34stable 62%moderate

Changed this quarter

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

PKE Park Aerospace Corp. Common Stock

Δ -0.60recent -0.25prior +0.35beyond mkt -0.03

VMI Valmont Industries, Inc.

Δ -0.55recent -0.16prior +0.40beyond mkt +0.04

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.55recent -0.37prior +0.18beyond mkt -0.04

HZO MarineMax, Inc.

Δ -0.51recent -0.10prior +0.41beyond mkt +0.02

UFCS United Fire Group, Inc. Common Stock

Δ -0.51recent -0.31prior +0.19beyond mkt +0.00

BUSE First Busey Corporation Class A Common Stock

Δ -0.51recent -0.19prior +0.31beyond mkt +0.17

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
XBI State Street SPDR S&P Biotech ETF	+0.66	+0.92	10
IDNA iShares Genomics Immunology and Healthcare ETF	+0.56	+0.90	12
GNOM Global X Funds Global X Genomics & Biotechnology ETF	+0.48	+0.85	9
BBP Virtus Biotech ETF	+0.54	+0.89	13
FBT First Trust NYSE Arca Biotechnology Index Fund	+0.72	+0.91	19
HTEC ROBO Global Healthcare Technology and Innovation ETF	+0.40	+0.77	12