UPS United Parcel Service, Inc. Class B

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

UPS vs FDX

Both indexed to 100 at 2026-05-11.

UPS FDX · range 92–120 · 2026-05-11 → 2026-11-06

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

FDX FedEx Corporation

ρ +0.68beyond mkt +0.48holdout +0.67stable 100%robust

IYT iShares U.S. Transportation ETF

ρ +0.64beyond mkt +0.36holdout +0.66stable 100%robust

FTXR First Trust Exchange-Traded Fund VI First Trust Nasdaq Transportation ETF

ρ +0.60beyond mkt +0.28holdout +0.60stable 100%robust

WBIY WBI Power Factor High Dividend ETF

ρ +0.63beyond mkt +0.27holdout +0.51stable 100%robust

HTLD Heartland Express, Inc. Common Stock

ρ +0.53beyond mkt +0.27holdout +0.46stable 100%robust

CHRW C.H. Robinson Worldwide, Inc. Common Stock

ρ +0.46beyond mkt +0.26holdout +0.46stable 100%robust

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

INTC Intel Corporation Common Stock

Δ -0.72recent -0.40prior +0.32beyond mkt +0.09

MTRN Materion Corporation

Δ -0.68recent -0.27prior +0.42beyond mkt -0.02

ARW Arrow Electronics, Inc.

Δ -0.68recent -0.26prior +0.43beyond mkt +0.00

GHM Graham Corporation

Δ -0.66recent -0.42prior +0.24beyond mkt -0.08

MSM MSC Industrial Direct Co., Inc. Class A

Δ -0.65recent -0.15prior +0.50beyond mkt +0.08

CRAK VanEck Oil Refiners ETF

Δ -0.65recent -0.33prior +0.31beyond mkt +0.05

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

Symbol	beyond mkt	raw ρ	shared	isolation
FDX FedEx Corporation	+0.48	+0.68	16
IYT iShares U.S. Transportation ETF	+0.36	+0.64	16