sotnkρ +0.74beyond mkt +0.61holdout +0.82stable 100%robust
NCDL Nuveen Churchill Direct Lending Corp
- Last close
- 11.81
- 504-day return
- -9.98%
- Median $/day
- $2.7M
- Relationships shown
- 7
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
NCDL vs PBDC
Both indexed to 100 at 2026-05-11.
Moves with NCDL
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.69beyond mkt +0.55holdout +0.76stable 100%robust
ρ +0.69beyond mkt +0.54holdout +0.78stable 100%robust
ρ +0.69beyond mkt +0.54holdout +0.76stable 100%robust
ρ +0.67beyond mkt +0.53holdout +0.70stable 100%robust
ρ +0.68beyond mkt +0.52holdout +0.77stable 100%robust
Moves against NCDL
ρ -0.31beyond mkt -0.02holdout -0.23stable 88%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.46recent -0.32prior +0.14beyond mkt -0.02
Δ -0.45recent -0.41prior +0.03beyond mkt -0.07
Δ +0.44recent +0.53prior +0.09beyond mkt -0.03
Δ -0.44recent -0.33prior +0.11beyond mkt -0.04
Δ -0.43recent -0.37prior +0.06beyond mkt -0.08
Δ -0.43recent -0.30prior +0.12beyond mkt -0.05
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| KBWD Invesco Exchange-Traded Fund Trust II Invesco KBW High Dividend Yield Financial ETF | +0.50 | +0.69 | 17 | |
| PBDC Putnam BDC Income ETF | +0.61 | +0.74 | 25 | |
| HIPS GraniteShares HIPS US High Income ETF | +0.36 | +0.57 | 22 | |
| PFLT PennantPark Floating Rate Capital Ltd. | +0.52 | +0.68 | 25 | |
| BBDC Barings BDC, Inc. | +0.55 | +0.69 | 26 | |
| BCSF Bain Capital Specialty Finance, Inc. | +0.54 | +0.69 | 26 |