WCN Waste Connections, Inc.

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

WCN vs RSG

Both indexed to 100 at 2026-05-11.

WCN RSG · range 99–127 · 2026-05-11 → 2026-11-06

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

RSG Republic Services Inc.

ρ +0.77beyond mkt +0.61holdout +0.78stable 100%robust

WM Waste Management, Inc.

ρ +0.76beyond mkt +0.60holdout +0.79stable 100%robust

EVX VanEck Environmental Services ETF

ρ +0.50beyond mkt +0.48holdout +0.44stable 100%robust

GFL GFL Environmental Inc. Subordinate Voting Shares

ρ +0.52beyond mkt +0.40holdout +0.56stable 100%robust

CWST Casella Waste Systems, Inc. Class A Common Stock

ρ +0.56beyond mkt +0.38holdout +0.62stable 100%robust

CLH Clean Harbors, Inc

ρ +0.33beyond mkt +0.30holdout +0.25stable 88%robust

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

FMF First Trust Managed Futures Strategy Fund

Δ -0.64recent -0.60prior +0.04beyond mkt +0.05

SMTC Semtech Corporation Common Stock

Δ -0.53recent -0.57prior -0.04beyond mkt +0.09

MBCE Monarch Blue Chips Elite Index ETF

Δ -0.53recent -0.46prior +0.07beyond mkt +0.03

AROC Archrock Inc

Δ -0.53recent -0.36prior +0.17beyond mkt +0.11

AVNW Aviat Networks, Inc. Common Stock

Δ -0.51recent -0.44prior +0.07beyond mkt +0.11

KGS Kodiak Gas Services, Inc.

Δ -0.51recent -0.43prior +0.08beyond mkt +0.04

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

Symbol	beyond mkt	raw ρ	shared
EVX VanEck Environmental Services ETF	+0.48	+0.50	6
WM Waste Management, Inc.	+0.60	+0.76	11
RSG Republic Services Inc.	+0.61	+0.77	12
GFL GFL Environmental Inc. Subordinate Voting Shares	+0.40	+0.52	7
CWST Casella Waste Systems, Inc. Class A Common Stock	+0.38	+0.56	7