KBWD Invesco Exchange-Traded Fund Trust II Invesco KBW High Dividend Yield Financial ETF

Last close: 10.64
504-day return: -6.17%
Median $/day: $3.3M
Relationships shown: 16
Leader rank: #289

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

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

KBWD vs REM

Both indexed to 100 at 2026-05-11.

KBWD REM · range 78–103 · 2026-05-11 → 2026-11-06

Follows KBWD

These tend to repeat KBWD's moves later.

FDBC Fidelity D & D Bancorp, Inc. Common Stock

lag 1dρ -0.22holdout -0.24stable 100%$/day $289krobust

RGCO RGC Resources Inc. Common Stock

lag 1dρ -0.22holdout -0.17stable 88%$/day $228krobust

Moves with KBWD

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

REM iShares Mortgage Real Estate ETF

ρ +0.89beyond mkt +0.75holdout +0.90stable 100%robust

HIPS GraniteShares HIPS US High Income ETF

ρ +0.81beyond mkt +0.68holdout +0.79stable 100%robust

PBDC Putnam BDC Income ETF

ρ +0.80beyond mkt +0.66holdout +0.88stable 100%robust

VPC Virtus Private Credit Strategy ETF

ρ +0.79beyond mkt +0.66holdout +0.87stable 100%robust

CIM Chimera Investment Corp.

ρ +0.80beyond mkt +0.61holdout +0.86stable 100%robust

NLY Annaly Capital Management. Inc.

ρ +0.78beyond mkt +0.61holdout +0.81stable 100%robust

Moves against KBWD

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.46beyond mkt -0.02holdout -0.41stable 100%robust

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

ρ -0.50beyond mkt -0.02holdout -0.43stable 100%robust

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

ρ -0.37beyond mkt +0.00holdout -0.34stable 100%robust

Weekly, not daily

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

CLOZ Eldridge BBB-B CLO ETF

horizon 10dρ +0.41holdout +0.13stable 88%moderate

DNOW DNOW Inc.

horizon 10dρ +0.38holdout +0.31stable 88%robust

SMHI SEACOR Marine Holdings Inc. Common Stock

horizon 5dρ +0.34holdout +0.33stable 75%robust

INKT MiNK Therapeutics, Inc. Common Stock

horizon 5dρ +0.33holdout +0.35stable 38%moderate

TAIL Cambria Tail Risk ETF

horizon 5dρ -0.31holdout -0.04stable 62%moderate

Changed this quarter

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 -0.41prior +0.26beyond mkt -0.03

MEOH Methanex Corporation Common Stock

Δ -0.65recent -0.49prior +0.16beyond mkt -0.05

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.61recent -0.25prior +0.37beyond mkt -0.17

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.57recent -0.50prior +0.07beyond mkt -0.15

TAIL Cambria Tail Risk ETF

Δ +0.56recent +0.23prior -0.32beyond mkt -0.01

RSST Return Stacked U.S. Stocks & Managed Futures ETF

Δ -0.55recent -0.10prior +0.45beyond mkt -0.07

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
REM iShares Mortgage Real Estate ETF	+0.75	+0.89	11
CIM Chimera Investment Corp.	+0.61	+0.80	11
NLY Annaly Capital Management. Inc.	+0.61	+0.78	11
RIET Hoya Capital High Dividend Yield ETF	+0.47	+0.80	6
ORC Orchid Island Capital, Inc.	+0.58	+0.70	11
AGNC AGNC Investment Corp. Common Stock	+0.57	+0.76	11