lag 1dρ +0.23holdout +0.24stable 88%$/day $1.1Mrobust
PRN Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Industrials Momentum ETF
- Last close
- 184.54
- 504-day return
- +18.82%
- Median $/day
- $3.8M
- Relationships shown
- 15
- Leader rank
- #55
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
PRN vs AIRR
Both indexed to 100 at 2026-05-11.
Follows PRN
These tend to repeat PRN's moves later.
lag 1dρ +0.21holdout +0.14stable 88%$/day $290krobust
lag 1dρ +0.20holdout +0.23stable 88%$/day $2.1Mrobust
lag 1dρ +0.21holdout +0.23stable 75%$/day $169krobust
Moves with PRN
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.90beyond mkt +0.53holdout +0.88stable 100%robust
ρ +0.89beyond mkt +0.44holdout +0.88stable 100%robust
ρ +0.83beyond mkt +0.42holdout +0.81stable 100%robust
ρ +0.81beyond mkt +0.42holdout +0.81stable 100%robust
ρ +0.86beyond mkt +0.40holdout +0.86stable 100%robust
ρ +0.86beyond mkt +0.38holdout +0.89stable 100%robust
Moves against PRN
ρ -0.73beyond mkt -0.10holdout -0.75stable 100%robust
ρ -0.57beyond mkt +0.08holdout -0.48stable 100%robust
ρ -0.50beyond mkt +0.05holdout -0.35stable 100%robust
ρ -0.51beyond mkt -0.00holdout -0.37stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 5dρ +0.33holdout +0.01stable 75%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.79recent -0.24prior +0.54beyond mkt +0.16
Δ -0.70recent -0.42prior +0.28beyond mkt +0.05
Δ -0.67recent -0.23prior +0.44beyond mkt -0.05
Δ -0.65recent +0.07prior +0.72beyond mkt -0.00
Δ -0.63recent -0.11prior +0.52beyond mkt -0.04
Δ -0.63recent -0.26prior +0.37beyond mkt +0.04
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| VFMO Vanguard U.S. Momentum Factor ETF | +0.44 | +0.89 | 8 | |
| QMOM EA Series Trust Alpha Architect U.S. Quantitative Momentum ETF | +0.40 | +0.86 | 9 | |
| PWRD TCW Transform Systems ETF | +0.38 | +0.86 | 9 | |
| STRL Sterling Infrastructure, Inc. Common Stock | +0.37 | +0.79 | 9 | |
| AIRR First Trust Exchange-Traded Fund VI First Trust RBA American Industrial Renaissance ETF | +0.53 | +0.90 | 16 | |
| EME EMCOR Group, Inc. | +0.42 | +0.81 | 13 |