SNOW Snowflake Inc.

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

SNOW vs DDOG

Both indexed to 100 at 2026-05-11.

SNOW DDOG · range 86–243 · 2026-05-11 → 2026-11-06

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

DDOG Datadog, Inc. Class A Common Stock

ρ +0.68beyond mkt +0.46holdout +0.70stable 100%robust

MDB MongoDB, Inc. Class A Common Stock

ρ +0.69beyond mkt +0.45holdout +0.72stable 100%robust

LRNZ TrueShares Technology, AI & Deep Learning ETF

ρ +0.66beyond mkt +0.42holdout +0.54stable 100%robust

WCLD WisdomTree Trust WisdomTree Cloud Computing Fund

ρ +0.68beyond mkt +0.41holdout +0.67stable 100%robust

ESTC Elastic N.V.

ρ +0.65beyond mkt +0.37holdout +0.67stable 100%robust

OKTA Okta, Inc. Class A Common Stock

ρ +0.63beyond mkt +0.37holdout +0.62stable 100%robust

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

ρ -0.32beyond mkt +0.04holdout -0.12stable 88%moderate

TAIL Cambria Tail Risk ETF

ρ -0.33beyond mkt +0.03holdout -0.21stable 75%robust

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

ρ -0.34beyond mkt +0.01holdout -0.16stable 75%moderate

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

SPOT Spotify Technology S.A.

horizon 10dρ +0.39holdout +0.18stable 75%moderate

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

CTVA Corteva, Inc. Common Stock

Δ -0.55recent -0.49prior +0.06beyond mkt -0.09

SPOT Spotify Technology S.A.

Δ -0.50recent -0.18prior +0.32beyond mkt -0.07

FRNM Freenome, Inc. Common stock

Δ +0.50recent +0.36prior -0.14beyond mkt -0.10

FIAX Nicholas Fixed Income Alternative ETF

Δ -0.50recent -0.20prior +0.30beyond mkt +0.03

FMC FMC Corporation

Δ -0.50recent -0.44prior +0.05beyond mkt -0.06

VABK Virginia National Bankshares Corporation Common Stock

Δ -0.49recent -0.33prior +0.16beyond mkt +0.04

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

Symbol	beyond mkt	raw ρ	shared
WCLD WisdomTree Trust WisdomTree Cloud Computing Fund	+0.41	+0.68	21
ESTC Elastic N.V.	+0.37	+0.65	21
OKTA Okta, Inc. Class A Common Stock	+0.37	+0.63	22
DDOG Datadog, Inc. Class A Common Stock	+0.46	+0.68	24
MDB MongoDB, Inc. Class A Common Stock	+0.45	+0.69	24
SKYY First Trust Cloud Computing ETF	+0.36	+0.70	25