MAGC Roundhill China Magnificent Seven ETF

MAGC moves with BIDU, WB and FXI once the market is taken out; is bought and sold on the same days as LOUP, QQQA, KSTR.

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

MAGC vs BIDU

Both indexed to 100 at 2026-05-11.

MAGC BIDU · range 52–104 · 2026-05-11 → 2026-11-06

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

BIDU Baidu, Inc. ADS

ρ +0.68beyond mkt +0.57holdout +0.56stable 100%robust

WB Weibo Corporation American Depositary Share

ρ +0.65beyond mkt +0.51holdout +0.65stable 100%robust

FXI iShares China Large-Cap ETF

ρ +0.91beyond mkt +0.87holdout +0.87stable 100%robust

KTEC KraneShares Hang Seng TECH Index ETF

ρ +0.90beyond mkt +0.86holdout +0.87stable 100%robust

KLIP KraneShares KWEB Covered Call Strategy ETF

ρ +0.83beyond mkt +0.76holdout +0.84stable 100%robust

BKF iShares MSCI BIC ETF

ρ +0.81beyond mkt +0.75holdout +0.73stable 100%robust

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

RACE Ferrari N.V.

horizon 5dρ +0.43holdout +0.38stable 75%robust

WRAP Wrap Technologies, Inc. Common Stock

horizon 10dρ +0.40holdout +0.14stable 50%moderate

CHW Calamos Global Dynamic Income Fund Common Stock

horizon 5dρ +0.31holdout +0.06stable 75%moderate

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

ENTG Entegris, Inc. Common Stock

Δ -0.55recent -0.23prior +0.31beyond mkt +0.04

CLS Celestica, Inc.

Δ -0.54recent -0.31prior +0.23beyond mkt +0.04

EJUL Innovator Emerging Markets Power Buffer ETF - July

Δ -0.52recent +0.08prior +0.60beyond mkt +0.29

EMPD Empery Digital Inc. Common stock

Δ -0.52recent -0.38prior +0.13beyond mkt -0.09

HPE Hewlett Packard Enterprise Company

Δ -0.51recent -0.32prior +0.18beyond mkt -0.08

RNGR Ranger Energy Services, Inc.

Δ -0.50recent -0.34prior +0.16beyond mkt -0.05

Abnormal volume rises and falls on the same days as MAGC's, while prices do not move together: the same hands, not the same business.

Symbol	traded together ρ	big prints together ρ	priced together ρ	q
LOUP Innovator Deepwater Frontier Tech ETF	+0.31	+0.14	+0.06	2e-9
QQQA ProShares Trust ProShares Nasdaq-100 Dorsey Wright Momentum ETF	+0.31	+0.13	-0.03	3e-9
KSTR KraneShares China Technology & Semiconductor STAR 50 Index ETF	+0.35	+0.15	+0.27	4e-12

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

Symbol	beyond mkt	raw ρ	shared
KGRN KraneShares MSCI China Clean Technology Index ETF	+0.61	+0.71	19
CXSE WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund	+0.72	+0.79	21
CQQQ Invesco China Technology ETF	+0.61	+0.71	21
TDF Templeton Dragon Fund	+0.71	+0.79	23
SOCL Global X Funds Global X Social Media ETF	+0.49	+0.64	21
DINT Davis Select International ETF	+0.56	+0.69	23