TBG TBG Dividend Focus ETF

Last close: 39.01
504-day return: +29.34%
Median $/day: $918k
Relationships shown: 11
Leader rank: #823

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

TBG vs DHS

Both indexed to 100 at 2026-05-11.

TBG DHS · range 100–113 · 2026-05-11 → 2026-11-06

Follows TBG

These tend to repeat TBG's moves later.

RGCO RGC Resources Inc. Common Stock

lag 1dρ -0.21holdout -0.18stable 88%$/day $228krobust

Moves with TBG

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

DHS WisdomTree U.S. High Dividend Fund

ρ +0.89beyond mkt +0.55holdout +0.87stable 100%robust

SCHD Schwab US Dividend Equity ETF

ρ +0.88beyond mkt +0.50holdout +0.86stable 100%robust

DJD Invesco Dow Jones Industrial Average Dividend ETF

ρ +0.87beyond mkt +0.46holdout +0.84stable 100%robust

DIVB iShares Core Dividend ETF

ρ +0.88beyond mkt +0.46holdout +0.81stable 100%robust

DIVP Cullen Enhanced Equity Income ETF

ρ +0.88beyond mkt +0.44holdout +0.86stable 100%robust

MDLV Morgan Dempsey Large Cap Value ETF

ρ +0.85beyond mkt +0.44holdout +0.79stable 100%robust

Moves against TBG

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

ρ -0.43beyond mkt +0.06holdout -0.22stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.39beyond mkt +0.02holdout -0.21stable 88%robust

Weekly, not daily

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

MYI BLACKROCK MUNIYIELD QUALITY FUND III, INC.

horizon 10dρ +0.48holdout +0.67stable 75%robust

MFAN MFA Financial Inc

horizon 10dρ +0.38holdout +0.47stable 62%moderate

Changed this quarter

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

MTRN Materion Corporation

Δ -0.75recent -0.36prior +0.39beyond mkt -0.08

AEHR Aehr Test Systems Common Stock

Δ -0.74recent -0.47prior +0.27beyond mkt +0.06

FORM FormFactor, Inc. FormFactor, Inc. Common Stock

Δ -0.73recent -0.53prior +0.20beyond mkt +0.00

AVT Avnet, Inc. Common Stock

Δ -0.72recent -0.32prior +0.40beyond mkt -0.04

PRLB PROTO LABS, INC.

Δ -0.72recent -0.31prior +0.41beyond mkt -0.11

AHLT American Beacon AHL Trend ETF

Δ -0.71recent -0.53prior +0.19beyond mkt -0.04

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
DIVB iShares Core Dividend ETF	+0.46	+0.88	10
PWV Invesco Large Cap Value ETF	+0.38	+0.85	11
DOGG FT Vest DJIA Dogs 10 Target Income ETF	+0.42	+0.75	13
SCHD Schwab US Dividend Equity ETF	+0.50	+0.88	17
DJD Invesco Dow Jones Industrial Average Dividend ETF	+0.46	+0.87	16
EQIN Columbia U.S. Equity Income ETF	+0.38	+0.86	13