ICLN iShares Global Clean Energy ETF

Last close: 16.45
504-day return: +29.02%
Median $/day: $60.4M
Relationships shown: 14

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

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

ICLN vs TAN

Both indexed to 100 at 2026-05-11.

ICLN TAN · range 64–117 · 2026-05-11 → 2026-11-06

Moves with ICLN

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

TAN Invesco Solar ETF

ρ +0.87beyond mkt +0.77holdout +0.90stable 100%robust

CNRG State Street SPDR S&P Kensho Grid Innovation ETF

ρ +0.87beyond mkt +0.76holdout +0.93stable 100%robust

SMOG VanEck Low Carbon Energy ETF

ρ +0.84beyond mkt +0.63holdout +0.90stable 100%robust

NXT Nextpower Inc. Common Stock

ρ +0.74beyond mkt +0.60holdout +0.76stable 100%robust

FSLR First Solar, Inc. Common Stock

ρ +0.70beyond mkt +0.60holdout +0.74stable 100%robust

PBD Invesco Global Clean Energy ETF

ρ +0.82beyond mkt +0.58holdout +0.86stable 100%robust

Moves against ICLN

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

ρ -0.46beyond mkt -0.07holdout -0.51stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.38beyond mkt -0.04holdout -0.38stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.33beyond mkt -0.02holdout -0.31stable 75%robust

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.30beyond mkt -0.02holdout -0.36stable 88%robust

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

ρ -0.57beyond mkt -0.00holdout -0.75stable 100%robust

Weekly, not daily

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

CODX Co-Diagnostics, Inc. Common Stock

horizon 10dρ +0.41holdout +0.57stable 50%moderate

ENLV Enlivex Ltd. Ordinary Shares

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

JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF

horizon 5dρ +0.31holdout +0.32stable 88%robust

Changed this quarter

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

DOW Dow Inc.

Δ -0.62recent -0.43prior +0.19beyond mkt -0.02

XOM ExxonMobil Holdings Corporation

Δ -0.56recent -0.53prior +0.03beyond mkt -0.03

TTE TotalEnergies SE

Δ -0.55recent -0.38prior +0.17beyond mkt +0.02

LYB LyondellBasell Industries N.V. Class A

Δ -0.55recent -0.41prior +0.14beyond mkt -0.00

VET VERMILION ENERGY INC.

Δ -0.54recent -0.38prior +0.15beyond mkt -0.01

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.54recent -0.44prior +0.10beyond mkt -0.03

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
SMOG VanEck Low Carbon Energy ETF	+0.63	+0.84	18
BE Bloom Energy Corporation	+0.46	+0.64	14
SDG iShares Trust iShares MSCI Global Sustainable Development Goals ETF	+0.35	+0.70	12
PBW Invesco WilderHill Clean Energy ETF	+0.57	+0.77	19
HYDR Global X Funds Global X Hydrogen ETF	+0.40	+0.70	15
ERTH Invesco MSCI Sustainable Future ETF	+0.55	+0.79	19