SAN Banco Santander S.A.

Last close: 11.74
504-day return: +146.64%
Median $/day: $46.1M
Relationships shown: 16

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

SAN vs EWP

Both indexed to 100 at 2026-05-11.

SAN EWP · range 93–124 · 2026-05-11 → 2026-11-06

Moves with SAN

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

EWP iShares MSCI Spain ETF

ρ +0.86beyond mkt +0.69holdout +0.91stable 100%robust

BBVA Banco Bilbao Vizcaya Argentaria, S.A.

ρ +0.84beyond mkt +0.69holdout +0.82stable 100%robust

EUFN iShares MSCI Europe Financials ETF

ρ +0.87beyond mkt +0.67holdout +0.89stable 100%robust

DB Deutsche Bank Aktiengesellschaft

ρ +0.77beyond mkt +0.51holdout +0.80stable 100%robust

GSIB Themes ETF Trust Themes Global Systemically Important Banks ETF

ρ +0.76beyond mkt +0.48holdout +0.80stable 100%robust

BCS Barclays PLC

ρ +0.73beyond mkt +0.45holdout +0.79stable 100%robust

Moves against SAN

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.43beyond mkt -0.10holdout -0.55stable 100%robust

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

ρ -0.48beyond mkt -0.09holdout -0.60stable 100%robust

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.34beyond mkt +0.07holdout -0.44stable 100%robust

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

ρ -0.37beyond mkt -0.07holdout -0.47stable 88%robust

TAIL Cambria Tail Risk ETF

ρ -0.34beyond mkt -0.04holdout -0.33stable 88%robust

Weekly, not daily

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

LRCX Lam Research Corporation Common Stock

horizon 10dρ +0.43holdout +0.43stable 62%moderate

ACNB ACNB Corporation Common Stock

horizon 10dρ +0.43holdout +0.55stable 88%robust

ACMR ACM Research, Inc. Class A Common Stock

horizon 10dρ +0.39holdout +0.46stable 88%robust

STBA S&T Bancorp, Inc. Common Stock

horizon 10dρ +0.38holdout +0.38stable 88%robust

DTG DTE Energy Company 2021 Series E 4.375% Junior Subordinated Debentures

horizon 10dρ +0.38holdout +0.41stable 75%robust

Changed this quarter

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

SEA U.S. Global Sea to Sky Cargo ETF

Δ -0.50recent -0.10prior +0.41beyond mkt -0.03

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.50recent -0.45prior +0.05beyond mkt -0.01

ORKT Orangekloud Technology Inc. Class A Ordinary Shares

Δ -0.50recent -0.37prior +0.14beyond mkt +0.01

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.49recent -0.17prior +0.32beyond mkt +0.02

BSBR BANCO SANTANDER (BRASIL) SA

Δ +0.49recent +0.93prior +0.44beyond mkt +0.17

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.45recent -0.45prior -0.01beyond mkt +0.00

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
DFIV Dimensional International Value ETF	+0.39	+0.74	4
GSIB Themes ETF Trust Themes Global Systemically Important Banks ETF	+0.48	+0.76	10
EWP iShares MSCI Spain ETF	+0.69	+0.86	17
FEUZ First Trust Exchange-Traded AlphDEX Fund II First Trust Eurozone AlphaDEX ETF	+0.38	+0.74	14
EWI iShares MSCI Italy ETF	+0.45	+0.78	17
EUFN iShares MSCI Europe Financials ETF	+0.67	+0.87	22