VSMV Victory Portfolios II VictoryShares US Multi-Factor Minimum Volatility ETF

Last close: 60.54
504-day return: +30.25%
Median $/day: $231k
Relationships shown: 15

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

VSMV vs MFUS

Both indexed to 100 at 2026-05-11.

VSMV MFUS · range 99–107 · 2026-05-11 → 2026-11-06

Moves with VSMV

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

MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

ρ +0.78beyond mkt +0.37holdout +0.56stable 100%robust

USMV iShares MSCI USA Min Vol Factor ETF

ρ +0.80beyond mkt +0.35holdout +0.70stable 100%robust

RAFE PIMCO RAFI ESG U.S. ETF

ρ +0.82beyond mkt +0.35holdout +0.71stable 100%robust

AAPL Apple Inc. Common Stock

ρ +0.53beyond mkt +0.33holdout +0.57stable 100%robust

VIG Vanguard Dividend Appreciation ETF

ρ +0.83beyond mkt +0.32holdout +0.73stable 100%robust

QLV Northern Trust US Quality Low Volatility ETF

ρ +0.82beyond mkt +0.32holdout +0.70stable 100%robust

Moves against VSMV

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

ρ -0.53beyond mkt +0.07holdout -0.32stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.38beyond mkt +0.05holdout -0.16stable 75%moderate

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.49beyond mkt -0.00holdout -0.31stable 88%robust

Weekly, not daily

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

FLOC Flowco Holdings Inc.

horizon 10dρ +0.45holdout +0.48stable 75%robust

NBB Nuveen Taxable Municipal Income Fund

horizon 10dρ +0.44holdout +0.48stable 62%moderate

VTN Invesco Trust for Investment Grade New York Municipals

horizon 10dρ +0.38holdout +0.38stable 75%robust

STXT Strive Total Return Bond ETF

horizon 10dρ +0.38holdout +0.62stable 75%robust

SMTC Semtech Corporation Common Stock

horizon 5dρ +0.34holdout +0.11stable 88%moderate

NL NLI Holdings, Inc.

horizon 5dρ +0.32holdout +0.07stable 100%moderate

Changed this quarter

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

FORM FormFactor, Inc. FormFactor, Inc. Common Stock

Δ -0.80recent -0.44prior +0.36beyond mkt +0.13

SMTC Semtech Corporation Common Stock

Δ -0.79recent -0.39prior +0.40beyond mkt +0.05

PLXS Plexus Corp. Common Stock

Δ -0.76recent -0.30prior +0.45beyond mkt +0.11

GRC The Gorman-Rupp Company Common Shares

Δ -0.73recent -0.22prior +0.51beyond mkt -0.02

AEHR Aehr Test Systems Common Stock

Δ -0.72recent -0.37prior +0.35beyond mkt +0.09

KEYS Keysight Technologies, Inc.

Δ -0.72recent -0.21prior +0.51beyond mkt +0.17

Hidden links

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

Symbol	beyond mkt	raw ρ	shared	isolation
USMV iShares MSCI USA Min Vol Factor ETF	+0.35	+0.80	9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	+0.37	+0.78	11