SDEM Global X MSCI SuperDividend Emerging Markets ETF

Last close: 32.07
504-day return: +46.99%
Median $/day: $137k
Relationships shown: 13

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

SDEM vs JPEM

Both indexed to 100 at 2026-05-11.

SDEM JPEM · range 94–106 · 2026-05-11 → 2026-11-06

Moves with SDEM

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

JPEM JPMorgan Diversified Return Emerging Markets Equity ETF

ρ +0.83beyond mkt +0.51holdout +0.84stable 100%robust

ECOW Pacer Funds Pacer Emerging Markets Cash Cows 100 ETF

ρ +0.79beyond mkt +0.46holdout +0.82stable 100%robust

FNDE Schwab Fundamental Emerging Markets Equity ETF

ρ +0.79beyond mkt +0.43holdout +0.80stable 100%robust

EELV Invesco S&P Emerging Markets Low Volatility ETF

ρ +0.78beyond mkt +0.42holdout +0.82stable 100%robust

EWZ iShares MSCI Brazil ETF

ρ +0.69beyond mkt +0.41holdout +0.77stable 100%robust

GVAL Cambria Global Value ETF

ρ +0.78beyond mkt +0.35holdout +0.78stable 100%robust

Moves against SDEM

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.47beyond mkt -0.06holdout -0.52stable 100%robust

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

ρ -0.46beyond mkt -0.02holdout -0.53stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.37beyond mkt +0.02holdout -0.43stable 100%robust

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

ρ -0.42beyond mkt -0.01holdout -0.49stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.30beyond mkt +0.01holdout -0.27stable 75%robust

Weekly, not daily

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

ERC Allspring Multi-Sector Income Fund

horizon 5dρ +0.47holdout +0.48stable 75%robust

OWL Blue Owl Capital Inc.

horizon 5dρ +0.31holdout +0.26stable 75%robust

Changed this quarter

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

SXI Standex International Corporation

Δ -0.55recent -0.12prior +0.43beyond mkt +0.05

CR Crane Company

Δ -0.50recent -0.08prior +0.42beyond mkt +0.06

PEPG PepGen Inc. Common Stock

Δ +0.49recent +0.59prior +0.10beyond mkt -0.03

SEA U.S. Global Sea to Sky Cargo ETF

Δ -0.48recent +0.03prior +0.51beyond mkt +0.06

PRN Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Industrials Momentum ETF

Δ -0.48recent -0.04prior +0.44beyond mkt +0.03

KE Kimball Electronics, Inc. Common Stock

Δ -0.47recent -0.05prior +0.42beyond mkt +0.04

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
FNDE Schwab Fundamental Emerging Markets Equity ETF	+0.43	+0.79	7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF	+0.51	+0.83	17
ECOW Pacer Funds Pacer Emerging Markets Cash Cows 100 ETF	+0.46	+0.79	16
EWZ iShares MSCI Brazil ETF	+0.41	+0.69	15
EELV Invesco S&P Emerging Markets Low Volatility ETF	+0.42	+0.78	17