MORN Morningstar, Inc. Common Stock

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

MORN vs FDS

Both indexed to 100 at 2026-05-11.

MORN FDS · range 80–158 · 2026-05-11 → 2026-11-06

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

FDS Factset Research Systems

ρ +0.69beyond mkt +0.46holdout +0.81stable 100%robust

MSCI MSCI, Inc.

ρ +0.61beyond mkt +0.37holdout +0.68stable 100%robust

SPGI S&P Global Inc.

ρ +0.62beyond mkt +0.32holdout +0.62stable 100%robust

MCO Moody's Corporation

ρ +0.61beyond mkt +0.30holdout +0.57stable 100%robust

NDAQ Nasdaq, Inc. Common Stock

ρ +0.53beyond mkt +0.25holdout +0.51stable 100%robust

VRSK Verisk Analytics, Inc. Common Stock

ρ +0.51beyond mkt +0.24holdout +0.65stable 100%robust

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

USMF WisdomTree U.S. Multifactor Fund

horizon 5dρ +0.38holdout +0.03stable 75%moderate

SABR Sabre Corporation Common Stock

horizon 5dρ +0.32holdout +0.19stable 75%robust

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

PLXS Plexus Corp. Common Stock

Δ -0.62recent -0.52prior +0.10beyond mkt +0.10

PRLB PROTO LABS, INC.

Δ -0.61recent -0.44prior +0.17beyond mkt -0.01

UEIC Universal Electronics Inc. Common Stock

Δ -0.61recent -0.39prior +0.22beyond mkt -0.02

KLIC Kulicke and Soffa Industries, Inc. Common Stock

Δ -0.57recent -0.51prior +0.06beyond mkt +0.08

KN KNOWLES CORPORATION

Δ -0.57recent -0.50prior +0.07beyond mkt +0.08

BFLY Butterfly Network, Inc.

Δ -0.54recent -0.34prior +0.20beyond mkt -0.08

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

Symbol	beyond mkt	raw ρ	shared	isolation
FDS Factset Research Systems	+0.46	+0.69	15
MSCI MSCI, Inc.	+0.37	+0.61	13