PXI Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Energy Momentum ETF

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

PXI vs XLE

Both indexed to 100 at 2026-05-11.

PXI XLE · range 91–124 · 2026-05-11 → 2026-11-06

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

XLE State Street Energy Select Sector SPDR ETF

ρ +0.86beyond mkt +0.39holdout +0.89stable 100%robust

VLO Valero Energy Corporation

ρ +0.66beyond mkt +0.34holdout +0.75stable 100%robust

MPC MARATHON PETROLEUM CORPORATION

ρ +0.68beyond mkt +0.33holdout +0.76stable 100%robust

DINO HF Sinclair Corporation

ρ +0.63beyond mkt +0.32holdout +0.71stable 100%robust

IGE iShares North American Natural Resources ETF

ρ +0.80beyond mkt +0.31holdout +0.75stable 100%robust

DK Delek US Holdings, Inc.

ρ +0.57beyond mkt +0.31holdout +0.67stable 100%robust

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

UTG Reaves Utility Income Fund

horizon 10dρ +0.42holdout +0.16stable 62%moderate

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

CRON Cronos Group Inc. Common Share

Δ -0.61recent -0.44prior +0.17beyond mkt +0.00

NXST Nexstar Media Group, Inc. Common Stock

Δ -0.58recent -0.46prior +0.12beyond mkt -0.04

DOMH Dominari Holdings Inc. Common Stock

Δ -0.57recent -0.35prior +0.22beyond mkt +0.05

MAMA Mama's Creations, Inc. Common Stock

Δ -0.56recent -0.36prior +0.20beyond mkt +0.04

TRON Tron Inc. Common Stock

Δ -0.56recent -0.39prior +0.17beyond mkt -0.07

NAGE Niagen Bioscience, Inc. Common Stock

Δ -0.55recent -0.47prior +0.09beyond mkt +0.01

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

Symbol	beyond mkt	raw ρ	shared	isolation
XLE State Street Energy Select Sector SPDR ETF	+0.39	+0.86	15