MDIV First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund

Last close: 16.04
504-day return: +12.48%
Median $/day: $872k
Relationships shown: 15
Leader rank: #819

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

MDIV vs HIPS

Both indexed to 100 at 2026-05-11.

MDIV HIPS · range 92–104 · 2026-05-11 → 2026-11-06

Follows MDIV

These tend to repeat MDIV's moves later.

RGCO RGC Resources Inc. Common Stock

lag 1dρ -0.22holdout -0.18stable 75%$/day $228krobust

Moves with MDIV

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

HIPS GraniteShares HIPS US High Income ETF

ρ +0.66beyond mkt +0.28holdout +0.57stable 100%robust

DIV Global X SuperDividend U.S. ETF

ρ +0.81beyond mkt +0.26holdout +0.77stable 100%robust

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

ρ +0.67beyond mkt +0.25holdout +0.60stable 100%robust

ICAP Infrastructure Capital Equity Income ETF

ρ +0.59beyond mkt +0.24holdout +0.38stable 100%robust

ALTY Global X Funds Global X Alternative Income ETF

ρ +0.71beyond mkt +0.24holdout +0.71stable 100%robust

XMLV Invesco S&P MidCap Low Volatility ETF

ρ +0.80beyond mkt +0.22holdout +0.76stable 100%robust

Moves against MDIV

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

ρ -0.40beyond mkt -0.00holdout -0.31stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.36beyond mkt +0.00holdout -0.26stable 88%robust

Weekly, not daily

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

PTY PIMCO Corporate & Income Opportunity Fund

horizon 10dρ +0.46holdout +0.47stable 88%robust

XOM ExxonMobil Holdings Corporation

horizon 10dρ +0.39holdout +0.08stable 62%moderate

FANG Diamondback Energy, Inc. Common Stock

horizon 10dρ +0.39holdout +0.19stable 62%moderate

GOF Guggenheim Strategic Opportunities Fund

horizon 5dρ +0.37holdout +0.36stable 75%robust

FET Forum Energy Technologies, Inc.

horizon 5dρ +0.34holdout +0.07stable 75%moderate

KALU Kaiser Aluminum Corporation Common Stock

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

Changed this quarter

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

FMF First Trust Managed Futures Strategy Fund

Δ -0.55recent -0.45prior +0.10beyond mkt -0.03

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.55recent -0.45prior +0.10beyond mkt -0.18

MTUS Metallus Inc.

Δ -0.54recent -0.08prior +0.46beyond mkt -0.01

AVT Avnet, Inc. Common Stock

Δ -0.53recent -0.17prior +0.36beyond mkt -0.04

MSM MSC Industrial Direct Co., Inc. Class A

Δ -0.53recent -0.08prior +0.45beyond mkt -0.02

OIS OIL STATES INTERNATIONAL, INC.

Δ -0.52recent -0.14prior +0.38beyond mkt -0.12