IBP INSTALLED BUILDING PRODUCTS, INC.

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

IBP vs XHB

Both indexed to 100 at 2026-05-11.

IBP XHB · range 88–121 · 2026-05-11 → 2026-11-06

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

XHB State Street SPDR S&P Homebuilders ETF

ρ +0.84beyond mkt +0.56holdout +0.86stable 100%robust

LEN Lennar Corporation Class A

ρ +0.74beyond mkt +0.41holdout +0.76stable 100%robust

DHI D.R. Horton Inc.

ρ +0.74beyond mkt +0.41holdout +0.80stable 100%robust

KBH KB Home

ρ +0.74beyond mkt +0.40holdout +0.73stable 100%robust

HOV Hovnanian Enterprises, Inc. Class A

ρ +0.71beyond mkt +0.37holdout +0.73stable 100%robust

MHO M/I Homes, Inc.

ρ +0.72beyond mkt +0.37holdout +0.76stable 100%robust

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

ρ -0.33beyond mkt -0.08holdout -0.33stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.33beyond mkt -0.04holdout -0.30stable 100%robust

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

ρ -0.36beyond mkt -0.03holdout -0.36stable 100%robust

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

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.67recent -0.44prior +0.23beyond mkt -0.00

BOF BranchOut Food Inc. Common Stock

Δ -0.62recent -0.42prior +0.20beyond mkt -0.02

AIT Applied Industrial Technologies, Inc.

Δ -0.56recent -0.02prior +0.54beyond mkt +0.01

MEOH Methanex Corporation Common Stock

Δ -0.56recent -0.48prior +0.09beyond mkt -0.10

MTRN Materion Corporation

Δ -0.52recent -0.07prior +0.45beyond mkt -0.08

MSM MSC Industrial Direct Co., Inc. Class A

Δ -0.52recent -0.07prior +0.45beyond mkt -0.08

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

Symbol	beyond mkt	raw ρ	shared
XHB State Street SPDR S&P Homebuilders ETF	+0.56	+0.84	22
LEN Lennar Corporation Class A	+0.41	+0.74	20
DHI D.R. Horton Inc.	+0.41	+0.74	20
KBH KB Home	+0.40	+0.74	21
HOV Hovnanian Enterprises, Inc. Class A	+0.37	+0.71	21
BLDR Builders FirstSource, Inc.	+0.36	+0.74	21