lag 1dρ +0.25holdout +0.23stable 100%$/day $290krobust
PBW Invesco WilderHill Clean Energy ETF
- Last close
- 26.24
- 504-day return
- +33.67%
- Median $/day
- $13.5M
- Relationships shown
- 15
- Leader rank
- #232
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
Same exposure: QCLN, ACES move almost identically to PBW (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.
PBW vs CNRG
Both indexed to 100 at 2026-05-11.
Follows PBW
These tend to repeat PBW's moves later.
lag 1dρ +0.21holdout +0.25stable 75%$/day $1.1Mrobust
Moves with PBW
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.91beyond mkt +0.77holdout +0.91stable 100%robust
ρ +0.86beyond mkt +0.64holdout +0.87stable 100%robust
ρ +0.79beyond mkt +0.62holdout +0.83stable 100%robust
ρ +0.77beyond mkt +0.57holdout +0.86stable 100%robust
ρ +0.80beyond mkt +0.54holdout +0.82stable 100%robust
ρ +0.79beyond mkt +0.52holdout +0.84stable 100%robust
Moves against PBW
ρ -0.46beyond mkt -0.07holdout -0.38stable 100%robust
ρ -0.47beyond mkt -0.02holdout -0.40stable 100%robust
ρ -0.53beyond mkt -0.01holdout -0.51stable 100%robust
ρ -0.70beyond mkt -0.01holdout -0.82stable 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 -0.53recent -0.10prior +0.43beyond mkt -0.05
Δ -0.51recent -0.12prior +0.39beyond mkt +0.03
Δ -0.50recent -0.38prior +0.12beyond mkt -0.03
Δ -0.50recent -0.11prior +0.39beyond mkt +0.07
Δ +0.50recent +0.54prior +0.04beyond mkt -0.07
Δ -0.49recent -0.14prior +0.35beyond mkt +0.05
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| KOMP State Street SPDR S&P Kensho New Economies Composite ETF | +0.40 | +0.85 | 2 | |
| LAC Lithium Americas Corp. | +0.39 | +0.67 | 5 | |
| FDRV Fidelity Electric Vehicles and Future Transportation ETF | +0.41 | +0.79 | 8 | |
| IDRV iShares Self-Driving EV and Tech ETF | +0.40 | +0.75 | 8 | |
| DRIV Global X Funds Global X Autonomous & Electric Vehicles ETF | +0.44 | +0.83 | 10 | |
| QS QuantumScape Corporation Class A Common Stock | +0.50 | +0.76 | 13 |