KTEC KraneShares Hang Seng TECH Index ETF

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

KTEC vs FXI

Both indexed to 100 at 2026-05-11.

KTEC FXI · range 74–103 · 2026-05-11 → 2026-11-06

These tend to repeat KTEC's moves later.

CHW Calamos Global Dynamic Income Fund Common Stock

lag 1dρ +0.21holdout +0.22stable 88%$/day $1.1Mrobust

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

FXI iShares China Large-Cap ETF

ρ +0.89beyond mkt +0.84holdout +0.81stable 100%robust

CXSE WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund

ρ +0.85beyond mkt +0.79holdout +0.75stable 100%robust

KLIP KraneShares KWEB Covered Call Strategy ETF

ρ +0.82beyond mkt +0.74holdout +0.80stable 100%robust

CQQQ Invesco China Technology ETF

ρ +0.82beyond mkt +0.74holdout +0.69stable 100%robust

BKF iShares MSCI BIC ETF

ρ +0.82beyond mkt +0.73holdout +0.77stable 100%robust

TDF Templeton Dragon Fund

ρ +0.82beyond mkt +0.72holdout +0.75stable 100%robust

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

ρ -0.31beyond mkt +0.02holdout -0.39stable 100%robust

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

INOD Innodata Inc. Common Stock

horizon 10dρ +0.35holdout +0.27stable 75%robust

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

E ENI S.p.A.

Δ -0.54recent -0.44prior +0.10beyond mkt -0.08

SRE Sempra

Δ -0.51recent -0.41prior +0.10beyond mkt +0.10

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.51recent -0.43prior +0.07beyond mkt -0.05

SSL Sasol Limited

Δ -0.50recent -0.33prior +0.17beyond mkt +0.05

LYB LyondellBasell Industries N.V. Class A

Δ -0.49recent -0.32prior +0.18beyond mkt +0.04

YSXT YSX Tech. Co., Ltd Class A Ordinary Shares

Δ +0.48recent +0.44prior -0.05beyond mkt -0.04

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

Symbol	beyond mkt	raw ρ	shared
KGRN KraneShares MSCI China Clean Technology Index ETF	+0.69	+0.77	19
CXSE WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund	+0.79	+0.85	21
CQQQ Invesco China Technology ETF	+0.74	+0.82	21
ECNS iShares MSCI China Small-Cap ETF	+0.61	+0.74	21
SOCL Global X Funds Global X Social Media ETF	+0.52	+0.68	20
TDF Templeton Dragon Fund	+0.72	+0.82	23