ρ +0.86beyond mkt +0.64holdout +0.87stable 100%robust
PBD Invesco Global Clean Energy ETF
- Last close
- 15.14
- 504-day return
- +23.19%
- Median $/day
- $475k
- Relationships shown
- 13
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
PBD vs PBW
Both indexed to 100 at 2026-05-11.
Moves with PBD
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.84beyond mkt +0.61holdout +0.85stable 100%robust
ρ +0.87beyond mkt +0.58holdout +0.89stable 100%robust
ρ +0.82beyond mkt +0.58holdout +0.86stable 100%robust
ρ +0.87beyond mkt +0.58holdout +0.86stable 100%robust
ρ +0.80beyond mkt +0.58holdout +0.81stable 100%robust
Moves against PBD
ρ -0.67beyond mkt +0.03holdout -0.78stable 100%robust
ρ -0.56beyond mkt +0.02holdout -0.56stable 100%robust
ρ -0.44beyond mkt -0.01holdout -0.40stable 88%robust
ρ -0.31beyond mkt +0.01holdout -0.38stable 75%robust
ρ -0.48beyond mkt +0.00holdout -0.42stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.68recent -0.42prior +0.26beyond mkt -0.02
Δ -0.66recent -0.24prior +0.42beyond mkt -0.04
Δ -0.63recent -0.49prior +0.15beyond mkt +0.05
Δ -0.62recent -0.42prior +0.20beyond mkt -0.00
Δ -0.61recent -0.35prior +0.26beyond mkt +0.06
Δ -0.58recent -0.33prior +0.24beyond mkt -0.02
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| KARS KraneShares Electric Vehicles and Future Mobility Index ETF | +0.37 | +0.73 | 7 | |
| BATT Amplify Lithium & Battery Technology ETF | +0.36 | +0.79 | 7 | |
| DRIV Global X Funds Global X Autonomous & Electric Vehicles ETF | +0.48 | +0.87 | 13 | |
| FDRV Fidelity Electric Vehicles and Future Transportation ETF | +0.44 | +0.83 | 12 | |
| IDRV iShares Self-Driving EV and Tech ETF | +0.45 | +0.82 | 13 | |
| TAN Invesco Solar ETF | +0.58 | +0.80 | 19 |