SNN Smith & Nephew plc

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

SNN vs XHE

Both indexed to 100 at 2026-05-11.

SNN XHE · range 91–129 · 2026-05-11 → 2026-11-06

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

XHE State Street SPDR S&P Health Care Equipment ETF

ρ +0.54beyond mkt +0.32holdout +0.64stable 100%robust

ALC Alcon Inc. Ordinary Shares

ρ +0.56beyond mkt +0.28holdout +0.61stable 100%robust

ZBH Zimmer Biomet Holdings, Inc.

ρ +0.51beyond mkt +0.28holdout +0.63stable 100%robust

GMED GLOBUS MEDICAL INC

ρ +0.47beyond mkt +0.27holdout +0.62stable 88%robust

MDT Medtronic plc

ρ +0.50beyond mkt +0.25holdout +0.62stable 100%robust

IHI iShares U.S. Medical Devices ETF

ρ +0.54beyond mkt +0.25holdout +0.65stable 100%robust

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

STBF Performance Trust Short Term Bond ETF

horizon 10dρ +0.53holdout +0.39stable 62%moderate

NDMO Nuveen Dynamic Municipal Opportunities Fund Common Shares of Beneficial Interest

horizon 10dρ +0.42holdout +0.40stable 50%moderate

PGP PIMCO Global StockPLUS & Income Fund

horizon 10dρ +0.39holdout +0.19stable 38%moderate

PRPL Purple Innovation, Inc. Common Stock

horizon 10dρ +0.36holdout +0.38stable 62%moderate

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

IPGP IPG Photonics Corporation Common Stock

Δ -0.54recent -0.37prior +0.17beyond mkt +0.09

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.52recent -0.33prior +0.19beyond mkt +0.09

CVEO Civeo Corporation

Δ -0.50recent -0.37prior +0.13beyond mkt -0.03

VSH Vishay Intertechnology, Inc.

Δ -0.50recent -0.38prior +0.13beyond mkt +0.02

NPO Enpro Inc.

Δ -0.49recent -0.34prior +0.15beyond mkt +0.02

EWY iShares MSCI South Korea ETF

Δ -0.48recent -0.32prior +0.16beyond mkt +0.05