MSMR McElhenny Sheffield Managed Risk ETF

Last close: 34.77
504-day return: +23.70%
Median $/day: $249k
Relationships shown: 14
Leader rank: #1016

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

MSMR vs PTNQ

Both indexed to 100 at 2026-05-11.

MSMR PTNQ · range 91–107 · 2026-05-11 → 2026-11-06

Follows MSMR

These tend to repeat MSMR's moves later.

CHW Calamos Global Dynamic Income Fund Common Stock

lag 1dρ +0.20holdout +0.14stable 88%$/day $1.1Mrobust

Moves with MSMR

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

PTNQ Pacer Funds Trust Pacer Trendpilot 100 ETF

ρ +0.69beyond mkt +0.38holdout +0.67stable 100%robust

HCMT Direxion HCM Tactical Enhanced US ETF

ρ +0.70beyond mkt +0.33holdout +0.64stable 100%robust

QVOY Q3 All-Season Active Rotation ETF

ρ +0.67beyond mkt +0.28holdout +0.58stable 100%robust

TRND Pacer Trendpilot Fund of Funds ETF

ρ +0.71beyond mkt +0.26holdout +0.70stable 100%robust

CLSM Exchange Listed Funds Trust ETC Cabana Target Leading Sector Moderate ETF

ρ +0.69beyond mkt +0.21holdout +0.70stable 100%robust

CHW Calamos Global Dynamic Income Fund Common Stock

ρ +0.48beyond mkt -0.13holdout +0.52stable 100%robust

Moves against MSMR

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.39beyond mkt +0.15holdout -0.36stable 100%robust

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

ρ -0.48beyond mkt +0.14holdout -0.46stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.38beyond mkt +0.12holdout -0.30stable 100%robust

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

ρ -0.54beyond mkt -0.05holdout -0.56stable 100%robust

Weekly, not daily

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

JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF

horizon 5dρ +0.34holdout +0.32stable 75%robust

IVDA Iveda Solutions, Inc. Common Stock

horizon 5dρ +0.30holdout +0.37stable 75%robust

RIG Transocean LTD.

horizon 5dρ +0.30holdout +0.18stable 50%moderate

Changed this quarter

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

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.67recent -0.56prior +0.11beyond mkt +0.08

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.65recent -0.50prior +0.15beyond mkt -0.09

CTA Simplify Managed Futures Strategy ETF

Δ -0.60recent -0.55prior +0.06beyond mkt +0.12

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.54recent -0.09prior +0.45beyond mkt +0.10

HGER Harbor Commodity All-Weather Strategy ETF

Δ -0.53recent -0.37prior +0.16beyond mkt +0.15

PDBC Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Δ -0.53recent -0.46prior +0.07beyond mkt +0.05

Hidden links

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

Symbol	beyond mkt	raw ρ	shared	isolation
PTNQ Pacer Funds Trust Pacer Trendpilot 100 ETF	+0.38	+0.69	9