sotnkρ +0.91beyond mkt +0.79holdout +0.93stable 100%robust
IHE iShares U.S. Pharmaceuticals ETF
- Last close
- 106.60
- 504-day return
- +59.72%
- Median $/day
- $5.2M
- Relationships shown
- 8
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
IHE vs PPH
Both indexed to 100 at 2026-05-11.
Moves with IHE
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.82beyond mkt +0.76holdout +0.86stable 100%robust
ρ +0.87beyond mkt +0.68holdout +0.90stable 100%robust
ρ +0.89beyond mkt +0.67holdout +0.93stable 100%robust
ρ +0.84beyond mkt +0.55holdout +0.91stable 100%robust
ρ +0.66beyond mkt +0.48holdout +0.75stable 100%robust
Moves against IHE
ρ -0.31beyond mkt -0.01holdout -0.24stable 88%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.45holdout +0.61stable 62%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.58recent -0.35prior +0.23beyond mkt -0.05
Δ -0.56recent -0.30prior +0.25beyond mkt +0.04
Δ -0.55recent -0.24prior +0.32beyond mkt +0.04
Δ -0.52recent -0.13prior +0.39beyond mkt -0.06
Δ -0.51recent -0.39prior +0.12beyond mkt -0.07
Δ -0.51recent -0.36prior +0.15beyond mkt -0.07
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| XPH State Street SPDR S&P Pharmaceuticals ETF | +0.48 | +0.77 | 6 | |
| JNJ Johnson & Johnson | +0.48 | +0.66 | 12 | |
| XLV State Street Health Care Select Sector SPDR ETF | +0.68 | +0.87 | 21 | |
| PJP Invesco Pharmaceuticals ETF | +0.67 | +0.89 | 21 | |
| OZEM Roundhill ETF Trust Roundhill GLP-1 & Weight Loss ETF | +0.38 | +0.70 | 15 | |
| LLY Eli Lilly & Co. | +0.76 | +0.82 | 23 |