NDAQ Nasdaq, Inc. Common Stock

Last close: 107.12
504-day return: +47.83%
Median $/day: $268.8M
Relationships shown: 13

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

NDAQ vs IAI

Both indexed to 100 at 2026-05-11.

NDAQ IAI · range 87–125 · 2026-05-11 → 2026-11-06

Moves with NDAQ

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

IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF

ρ +0.68beyond mkt +0.45holdout +0.56stable 100%robust

KCE State Street SPDR S&P Capital Markets ETF

ρ +0.67beyond mkt +0.43holdout +0.60stable 100%robust

ICE Intercontinental Exchange Inc.

ρ +0.58beyond mkt +0.38holdout +0.60stable 100%robust

MSCI MSCI, Inc.

ρ +0.59beyond mkt +0.34holdout +0.62stable 100%robust

SPGI S&P Global Inc.

ρ +0.61beyond mkt +0.33holdout +0.59stable 100%robust

SEIC SEI Investments Company Common Stock

ρ +0.59beyond mkt +0.31holdout +0.50stable 100%robust

Moves against NDAQ

TAIL Cambria Tail Risk ETF

ρ -0.34beyond mkt -0.10holdout -0.18stable 88%robust

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

ρ -0.41beyond mkt -0.08holdout -0.20stable 88%moderate

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.35beyond mkt -0.00holdout -0.18stable 75%moderate

Weekly, not daily

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

CBOE Cboe Global Markets, Inc.

horizon 10dρ +0.39holdout +0.63stable 75%robust

QNST QuinStreet, Inc. Common Stock

horizon 10dρ +0.39holdout +0.17stable 88%moderate

BATRK Atlanta Braves Holdings, Inc. Series C Common Stock

horizon 5dρ +0.33holdout +0.28stable 88%robust

STXT Strive Total Return Bond ETF

horizon 5dρ +0.30holdout +0.46stable 75%robust

Changed this quarter

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

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.50recent -0.32prior +0.18beyond mkt +0.06

VTS Vitesse Energy, Inc..

Δ -0.49recent -0.39prior +0.10beyond mkt -0.01

BATRK Atlanta Braves Holdings, Inc. Series C Common Stock

Δ -0.48recent -0.12prior +0.37beyond mkt +0.05

ITGR Integer Holdings Corporation

Δ -0.47recent -0.12prior +0.35beyond mkt +0.05

MSGK MSG Knickerbockers Corp.

Δ -0.45recent -0.14prior +0.31beyond mkt +0.04

PUBM PubMatic, Inc. Class A Common Stock

Δ -0.45recent -0.12prior +0.33beyond mkt -0.06

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	+0.45	+0.68	13
KCE State Street SPDR S&P Capital Markets ETF	+0.43	+0.67	13
ICE Intercontinental Exchange Inc.	+0.38	+0.58	19