IYM iShares U.S. Basic Materials ETF

Last close: 179.90
504-day return: +26.95%
Median $/day: $5.5M
Relationships shown: 13

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

Same exposure: FXZ, MXI move almost identically to IYM (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.

IYM vs XLB

Both indexed to 100 at 2026-05-11.

IYM XLB · range 92–105 · 2026-05-11 → 2026-11-06

Moves with IYM

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

XLB State Street Materials Select Sector SPDR ETF

ρ +0.92beyond mkt +0.80holdout +0.87stable 100%robust

PYZ Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Basic Materials Momentum ETF

ρ +0.87beyond mkt +0.59holdout +0.87stable 100%robust

LIN Linde plc Ordinary Shares

ρ +0.55beyond mkt +0.51holdout +0.39stable 100%robust

GUNR Northern Trust Morningstar Global Upstream Natural Resources ETF

ρ +0.73beyond mkt +0.47holdout +0.68stable 100%robust

FTRI First Trust Exchange-Traded Fund II First Trust Indxx Global Natural Resources Income ETF

ρ +0.78beyond mkt +0.43holdout +0.83stable 100%robust

XME State Street SPDR S&P Metals & Mining ETF

ρ +0.76beyond mkt +0.42holdout +0.81stable 100%robust

Moves against IYM

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

ρ -0.50beyond mkt -0.03holdout -0.48stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.43beyond mkt -0.03holdout -0.36stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.33beyond mkt +0.02holdout -0.23stable 62%moderate

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

ρ -0.45beyond mkt +0.02holdout -0.55stable 100%robust

Weekly, not daily

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

DBMF iMGP DBi Managed Futures Strategy ETF

horizon 5dρ +0.42holdout +0.06stable 75%moderate

PFN PIMCO Income Strategy Fund II

horizon 5dρ +0.35holdout +0.34stable 88%robust

HII Huntington Ingalls Industries, Inc.

horizon 5dρ +0.32holdout +0.10stable 75%moderate

Changed this quarter

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

VSMV Victory Portfolios II VictoryShares US Multi-Factor Minimum Volatility ETF

Δ -0.54recent +0.08prior +0.62beyond mkt +0.01

HII Huntington Ingalls Industries, Inc.

Δ -0.53recent -0.17prior +0.36beyond mkt -0.08

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.50recent -0.35prior +0.15beyond mkt +0.01

WSO Watsco, Inc.

Δ -0.50recent +0.01prior +0.50beyond mkt -0.05

DIVB iShares Core Dividend ETF

Δ -0.49recent +0.14prior +0.63beyond mkt -0.05

ULH Universal Logistics Holdings, Inc. Common Stock

Δ -0.48recent -0.11prior +0.37beyond mkt -0.00

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
LIN Linde plc Ordinary Shares	+0.51	+0.55	11
APD Air Products & Chemicals, Inc.	+0.41	+0.56	10
XLB State Street Materials Select Sector SPDR ETF	+0.80	+0.92	20
PYZ Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Basic Materials Momentum ETF	+0.59	+0.87	18
GUNR Northern Trust Morningstar Global Upstream Natural Resources ETF	+0.47	+0.73	15
FTRI First Trust Exchange-Traded Fund II First Trust Indxx Global Natural Resources Income ETF	+0.43	+0.78	14