PPI Investment Managers Series Trust II Astoria Real Assets ETF

Last close: 18.89
504-day return: +27.72%
Median $/day: $299k
Relationships shown: 17
Leader rank: #251

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

PPI vs FTWO

Both indexed to 100 at 2026-05-11.

PPI FTWO · range 85–104 · 2026-05-11 → 2026-11-06

Follows PPI

These tend to repeat PPI's moves later.

UTG Reaves Utility Income Fund

lag 1dρ +0.21holdout +0.19stable 88%$/day $8.6Mrobust

CHW Calamos Global Dynamic Income Fund Common Stock

lag 1dρ +0.21holdout +0.18stable 88%$/day $1.1Mrobust

BCV Bancroft Fund Ltd.

lag 1dρ +0.20holdout +0.08stable 62%$/day $290kmoderate

Moves with PPI

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

FTWO Strive Natural Resources and Security ETF

ρ +0.86beyond mkt +0.44holdout +0.83stable 100%robust

PWRD TCW Transform Systems ETF

ρ +0.80beyond mkt +0.36holdout +0.80stable 100%robust

CEG Constellation Energy Corporation Common Stock

ρ +0.61beyond mkt +0.35holdout +0.57stable 100%robust

VST Vistra Corp.

ρ +0.60beyond mkt +0.33holdout +0.60stable 100%robust

UTES Virtus Reaves Utilities ETF

ρ +0.64beyond mkt +0.30holdout +0.58stable 100%robust

GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

ρ +0.79beyond mkt +0.26holdout +0.82stable 100%robust

Moves against PPI

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.64beyond mkt -0.16holdout -0.67stable 100%robust

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

ρ -0.54beyond mkt +0.06holdout -0.53stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.47beyond mkt +0.05holdout -0.35stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.48beyond mkt -0.01holdout -0.40stable 100%robust

Weekly, not daily

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

DSTL Distillate U.S. Fundamental Stability & Value ETF

horizon 10dρ +0.44holdout +0.31stable 75%robust

RMM RiverNorth Managed Duration Municipal Income Fund, Inc.

horizon 10dρ +0.40holdout +0.35stable 50%moderate

CTVA Corteva, Inc. Common Stock

horizon 10dρ +0.36holdout +0.09stable 62%moderate

GOOD Gladstone Commercial Corporation Real Estate Investment Trust

horizon 10dρ +0.36holdout +0.42stable 62%moderate

Changed this quarter

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

CTVA Corteva, Inc. Common Stock

Δ -0.63recent -0.26prior +0.37beyond mkt +0.05

ISRG Intuitive Surgical, Inc. Common Stock

Δ -0.62recent -0.26prior +0.35beyond mkt +0.08

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.61recent -0.12prior +0.49beyond mkt +0.08

TTWO Take-Two Interactive Software, Inc. Common Stock

Δ -0.61recent -0.36prior +0.25beyond mkt +0.03

WSO Watsco, Inc.

Δ -0.58recent -0.19prior +0.40beyond mkt -0.03

STXS Stereotaxis, Inc. Common Stock

Δ -0.57recent -0.18prior +0.39beyond mkt -0.00

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
FTWO Strive Natural Resources and Security ETF	+0.44	+0.86	7
CEG Constellation Energy Corporation Common Stock	+0.35	+0.61	10
PWRD TCW Transform Systems ETF	+0.36	+0.80	12