LQDH iShares Interest Rate Hedged Corporate Bond ETF

Last close: 91.80
504-day return: +12.06%
Median $/day: $2.8M
Relationships shown: 16
Leader rank: #797

LQDH moves with IGHG, TPR and HZO once the market is taken out; moves against TAIL, VIXM and VXX; is repeated 1 day later by HYZD.

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

Same exposure: IGBH move almost identically to LQDH (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.

LQDH vs IGHG

Both indexed to 100 at 2026-05-11.

LQDH IGHG · range 100–102 · 2026-05-11 → 2026-11-06

Follows LQDH

These tend to repeat LQDH's moves later.

HYZD WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund

lag 1dρ +0.23holdout +0.19stable 88%$/day $789krobust

Moves with LQDH

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

IGHG ProShares Investment Grade-Interest Rate Hedged

ρ +0.58beyond mkt +0.45holdout +0.68stable 100%robust

TPR Tapestry, Inc. Common Stock

ρ +0.36beyond mkt +0.10holdout +0.24stable 88%robust

HZO MarineMax, Inc.

ρ +0.35beyond mkt +0.04holdout +0.22stable 88%robust

TCBI Texas Capital Bancshares, Inc. Common Stock, par value $0.01 per share

ρ +0.35beyond mkt +0.03holdout +0.21stable 88%robust

ESI Element Solutions Inc.

ρ +0.36beyond mkt +0.02holdout +0.34stable 100%robust

SFNC Simmons First National Corporation Class A Common Stock

ρ +0.30beyond mkt +0.01holdout +0.17stable 88%robust

Moves against LQDH

TAIL Cambria Tail Risk ETF

ρ -0.40beyond mkt -0.07holdout -0.28stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.45beyond mkt -0.07holdout -0.44stable 100%robust

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

ρ -0.51beyond mkt -0.06holdout -0.47stable 100%robust

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

ρ -0.43beyond mkt +0.01holdout -0.44stable 100%robust

Weekly, not daily

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

MCO Moody's Corporation

horizon 5dρ +0.40holdout +0.19stable 75%moderate

MRCY Mercury Systems Inc Common Stock

horizon 10dρ +0.38holdout +0.44stable 75%robust

ESAB ESAB Corporation

horizon 5dρ +0.36holdout +0.28stable 75%robust

LAD Lithia Motors, Inc.

horizon 5dρ +0.33holdout +0.05stable 75%moderate

HRMY Harmony Biosciences Holdings, Inc. Common Stock

horizon 5dρ +0.30holdout +0.20stable 88%robust

Changed this quarter

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

E ENI S.p.A.

Δ -0.51recent -0.41prior +0.10beyond mkt -0.06

TCBI Texas Capital Bancshares, Inc. Common Stock, par value $0.01 per share

Δ -0.50recent -0.09prior +0.41beyond mkt +0.03

PLGO Pelagos Insurance Capital Limited

Δ -0.50recent -0.31prior +0.18beyond mkt -0.03

SFNC Simmons First National Corporation Class A Common Stock

Δ -0.49recent -0.13prior +0.36beyond mkt +0.01

REPX Riley Exploration Permian, Inc.

Δ -0.48recent -0.31prior +0.17beyond mkt +0.02

R Ryder System, Inc.

Δ -0.48recent -0.13prior +0.35beyond mkt -0.03

Hidden links

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

Symbol	beyond mkt	raw ρ	shared	isolation
IGHG ProShares Investment Grade-Interest Rate Hedged	+0.45	+0.58	20
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF	+0.51	+0.42	22