LIN Linde plc Ordinary Shares

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

LIN vs XLB

Both indexed to 100 at 2026-05-11.

LIN XLB · range 91–109 · 2026-05-11 → 2026-11-06

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 +0.63beyond mkt +0.54holdout +0.54stable 100%robust

IYM iShares U.S. Basic Materials ETF

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

APD Air Products & Chemicals, Inc.

ρ +0.60beyond mkt +0.44holdout +0.71stable 100%robust

CBT Cabot Corporation

ρ +0.41beyond mkt +0.24holdout +0.30stable 88%robust

FTCS First Trust Capital Strength ETF

ρ +0.55beyond mkt +0.19holdout +0.36stable 100%robust

HUSV First Trust Horizon Managed Volatility Domestic ETF

ρ +0.53beyond mkt +0.17holdout +0.37stable 100%robust

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

UTF Cohen & Steers Infrastructure Fund, Inc.

horizon 10dρ +0.55holdout +0.52stable 75%robust

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

QVMT Invesco S&P 500 Concentrated QVM ETF

Δ -0.67recent -0.27prior +0.40beyond mkt +0.03

INTC Intel Corporation Common Stock

Δ -0.61recent -0.44prior +0.17beyond mkt +0.09

MTRN Materion Corporation

Δ -0.60recent -0.33prior +0.26beyond mkt +0.07

NOK Nokia Corporation

Δ -0.58recent -0.33prior +0.25beyond mkt +0.14

DOCN DigitalOcean Holdings, Inc.

Δ -0.58recent -0.46prior +0.13beyond mkt +0.05

FCTE ETF Opportunities Trust SMI 3Fourteen Full-Cycle Trend ETF

Δ -0.56recent -0.18prior +0.38beyond mkt +0.03

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

Symbol	beyond mkt	raw ρ	shared
IYM iShares U.S. Basic Materials ETF	+0.51	+0.55	11
XLB State Street Materials Select Sector SPDR ETF	+0.54	+0.63	17
APD Air Products & Chemicals, Inc.	+0.44	+0.60	17