PYZ Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Basic Materials Momentum ETF

Last close: 109.59
504-day return: +19.07%
Median $/day: $127k
Relationships shown: 15
Leader rank: #167

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

PYZ vs XME

Both indexed to 100 at 2026-05-11.

PYZ XME · range 73–107 · 2026-05-11 → 2026-11-06

Follows PYZ

These tend to repeat PYZ's moves later.

BCV Bancroft Fund Ltd.

lag 1dρ +0.22holdout +0.12stable 88%$/day $290krobust

UTG Reaves Utility Income Fund

lag 1dρ +0.21holdout +0.20stable 88%$/day $8.6Mrobust

CHW Calamos Global Dynamic Income Fund Common Stock

lag 1dρ +0.23holdout +0.22stable 62%$/day $1.1Mmoderate

Moves with PYZ

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

XME State Street SPDR S&P Metals & Mining ETF

ρ +0.87beyond mkt +0.60holdout +0.88stable 100%robust

IYM iShares U.S. Basic Materials ETF

ρ +0.87beyond mkt +0.59holdout +0.87stable 100%robust

XLB State Street Materials Select Sector SPDR ETF

ρ +0.78beyond mkt +0.50holdout +0.70stable 100%robust

SLX VanEck Steel ETF

ρ +0.78beyond mkt +0.40holdout +0.79stable 100%robust

CENX Century Aluminum Company Common Stock

ρ +0.58beyond mkt +0.37holdout +0.61stable 100%robust

KALU Kaiser Aluminum Corporation Common Stock

ρ +0.68beyond mkt +0.35holdout +0.72stable 100%robust

Moves against PYZ

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

ρ -0.58beyond mkt +0.08holdout -0.66stable 100%robust

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

ρ -0.51beyond mkt +0.05holdout -0.45stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.42beyond mkt -0.02holdout -0.27stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.46beyond mkt -0.00holdout -0.33stable 100%robust

Weekly, not daily

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

FDIQ Invesco Exchange-Traded Fund Trust II Invesco Bloomberg Financial Data Providers ETF

horizon 10dρ +0.46holdout +0.20stable 62%moderate

CDIO Cardio Diagnostics Holdings Inc. Common stock

horizon 5dρ +0.32holdout +0.36stable 100%robust

Changed this quarter

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

DIVB iShares Core Dividend ETF

Δ -0.56recent -0.01prior +0.56beyond mkt -0.06

VSMV Victory Portfolios II VictoryShares US Multi-Factor Minimum Volatility ETF

Δ -0.56recent -0.01prior +0.55beyond mkt +0.06

WSO Watsco, Inc.

Δ -0.56recent -0.10prior +0.46beyond mkt -0.06

MG Mistras Group Inc.

Δ -0.53recent -0.05prior +0.49beyond mkt +0.01

ONEY State Street SPDR Russell 1000 Yield Focus ETF

Δ -0.52recent +0.10prior +0.62beyond mkt -0.01

CTVA Corteva, Inc. Common Stock

Δ -0.52recent -0.07prior +0.45beyond mkt +0.21

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
XLB State Street Materials Select Sector SPDR ETF	+0.50	+0.78	13
IYM iShares U.S. Basic Materials ETF	+0.59	+0.87	18
XME State Street SPDR S&P Metals & Mining ETF	+0.60	+0.87	19
SLX VanEck Steel ETF	+0.40	+0.78	19
CENX Century Aluminum Company Common Stock	+0.37	+0.58	19