NKX Nuveen California AMT-Free Quality Municipal Income Fund

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

NKX vs VCV

Both indexed to 100 at 2026-05-11.

NKX VCV · range 85–103 · 2026-05-11 → 2026-11-06

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

VCV INVESCO CALIFORNIA VALUE MUNI INCOME TRUST

ρ +0.56beyond mkt +0.47holdout +0.70stable 100%robust

NAC Nuveen California Quality Municipal Income Fund

ρ +0.56beyond mkt +0.44holdout +0.72stable 88%robust

PCQ Pimco California Municipal Income Fund

ρ +0.55beyond mkt +0.43holdout +0.68stable 100%robust

MUC BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC

ρ +0.55beyond mkt +0.42holdout +0.70stable 100%robust

MUJ BLACKROCK MUNIHOLDINGS NEW JERSEY QUALITY FUND, INC.

ρ +0.51beyond mkt +0.36holdout +0.63stable 100%robust

NAN Nuveen New York Quality Municipal Income Fund

ρ +0.48beyond mkt +0.35holdout +0.62stable 100%robust

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

SPSK SP Funds Dow Jones Global Sukuk ETF

horizon 10dρ +0.42holdout +0.66stable 50%moderate

VCSH Vanguard Short-Term Corporate Bond ETF

horizon 10dρ +0.38holdout +0.58stable 75%robust

FTSD Franklin Short Duration U.S. Government ETF

horizon 10dρ +0.37holdout +0.65stable 25%moderate

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

TAXX BondBloxx IR+M Tax Aware Short Duration ETF

Δ +0.49recent +0.74prior +0.25beyond mkt +0.17

BOF BranchOut Food Inc. Common Stock

Δ -0.48recent -0.34prior +0.14beyond mkt -0.02

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.47recent -0.12prior +0.36beyond mkt +0.18

SPSK SP Funds Dow Jones Global Sukuk ETF

Δ +0.47recent +0.59prior +0.12beyond mkt -0.06

QXO QXO, Inc.

Δ +0.46recent +0.57prior +0.11beyond mkt -0.02

F Ford Motor Company

Δ +0.46recent +0.62prior +0.17beyond mkt +0.04

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

Symbol	beyond mkt	raw ρ	shared
VCV INVESCO CALIFORNIA VALUE MUNI INCOME TRUST	+0.47	+0.56	20
NAC Nuveen California Quality Municipal Income Fund	+0.44	+0.56	20
MUC BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC	+0.42	+0.55	20
MUJ BLACKROCK MUNIHOLDINGS NEW JERSEY QUALITY FUND, INC.	+0.36	+0.51	19
PCQ Pimco California Municipal Income Fund	+0.43	+0.55	21