XHE State Street SPDR S&P Health Care Equipment ETF

Last close: 93.77
504-day return: +5.83%
Median $/day: $1.0M
Relationships shown: 15
Leader rank: #35

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

XHE vs IHI

Both indexed to 100 at 2026-05-11.

XHE IHI · range 100–129 · 2026-05-11 → 2026-11-06

Follows XHE

These tend to repeat XHE's moves later.

RGCO RGC Resources Inc. Common Stock

lag 1dρ -0.24holdout -0.16stable 88%$/day $228krobust

PBFS Pioneer Bancorp, Inc. Common Stock

lag 1dρ -0.20holdout -0.27stable 100%$/day $175krobust

EP Empire Petroleum Corporation

lag 1dρ -0.22holdout -0.27stable 88%$/day $129krobust

NODK NI Holdings, Inc. Common Stock

lag 1dρ -0.21holdout -0.27stable 75%$/day $186krobust

Moves with XHE

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

IHI iShares U.S. Medical Devices ETF

ρ +0.84beyond mkt +0.76holdout +0.86stable 100%robust

GMED GLOBUS MEDICAL INC

ρ +0.75beyond mkt +0.55holdout +0.80stable 100%robust

HTEC ROBO Global Healthcare Technology and Innovation ETF

ρ +0.80beyond mkt +0.52holdout +0.77stable 100%robust

HEAL Global X Funds Global X HealthTech ETF

ρ +0.75beyond mkt +0.48holdout +0.79stable 100%robust

ATEC Alphatec Holdings, Inc. Common Stock

ρ +0.64beyond mkt +0.47holdout +0.77stable 100%robust

SYK Stryker Corporation

ρ +0.61beyond mkt +0.47holdout +0.64stable 100%robust

Moves against XHE

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

ρ -0.34beyond mkt -0.07holdout -0.27stable 88%robust

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

ρ -0.51beyond mkt -0.07holdout -0.41stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.46beyond mkt -0.07holdout -0.39stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.30beyond mkt -0.03holdout -0.14stable 62%moderate

Weekly, not daily

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

HIG The Hartford Insurance Group, Inc.

horizon 5dρ +0.31holdout +0.35stable 88%robust

Changed this quarter

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

HZO MarineMax, Inc.

Δ -0.72recent -0.19prior +0.53beyond mkt +0.05

ITGR Integer Holdings Corporation

Δ -0.69recent -0.05prior +0.64beyond mkt +0.34

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.65recent -0.45prior +0.19beyond mkt -0.03

MSM MSC Industrial Direct Co., Inc. Class A

Δ -0.62recent -0.17prior +0.44beyond mkt +0.03

MEOH Methanex Corporation Common Stock

Δ -0.57recent -0.46prior +0.11beyond mkt -0.08

ASH Ashland Inc.

Δ -0.54recent -0.06prior +0.48beyond mkt -0.08

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
HTEC ROBO Global Healthcare Technology and Innovation ETF	+0.52	+0.80	5
FXH First Trust Health Care AlphaDEX Fund	+0.40	+0.75	5
HEAL Global X Funds Global X HealthTech ETF	+0.48	+0.75	12
IHI iShares U.S. Medical Devices ETF	+0.76	+0.84	19
COO The Cooper Companies, Inc. Common Stock	+0.40	+0.67	12
BSX Boston Scientific Corp.	+0.39	+0.49	13