XLB State Street Materials Select Sector SPDR ETF

Last close: 51.95
504-day return: +15.86%
Median $/day: $536.1M
Relationships shown: 11
Leader rank: #653

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

Same exposure: VAW, FMAT move almost identically to XLB (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.

XLB vs IYM

Both indexed to 100 at 2026-05-11.

XLB IYM · range 92–105 · 2026-05-11 → 2026-11-06

Follows XLB

These tend to repeat XLB's moves later.

RGCO RGC Resources Inc. Common Stock

lag 1dρ -0.20holdout -0.22stable 88%$/day $228krobust

Moves with XLB

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

IYM iShares U.S. Basic Materials ETF

ρ +0.92beyond mkt +0.80holdout +0.87stable 100%robust

LIN Linde plc Ordinary Shares

ρ +0.63beyond mkt +0.54holdout +0.54stable 100%robust

PYZ Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Basic Materials Momentum ETF

ρ +0.78beyond mkt +0.50holdout +0.70stable 100%robust

APD Air Products & Chemicals, Inc.

ρ +0.63beyond mkt +0.47holdout +0.53stable 100%robust

EMN Eastman Chemical Company

ρ +0.74beyond mkt +0.39holdout +0.65stable 100%robust

MLM Martin Marietta Materials

ρ +0.72beyond mkt +0.36holdout +0.78stable 100%robust

Moves against XLB

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

ρ -0.36beyond mkt -0.05holdout -0.34stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.42beyond mkt -0.04holdout -0.31stable 100%robust

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

ρ -0.48beyond mkt -0.04holdout -0.37stable 100%robust

Weekly, not daily

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

STXT Strive Total Return Bond ETF

horizon 10dρ +0.40holdout +0.79stable 88%robust

Changed this quarter

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

MTRN Materion Corporation

Δ -0.70recent -0.11prior +0.59beyond mkt +0.07

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.66recent -0.24prior +0.41beyond mkt +0.07

AHLT American Beacon AHL Trend ETF

Δ -0.65recent -0.34prior +0.31beyond mkt -0.01

BOF BranchOut Food Inc. Common Stock

Δ -0.63recent -0.41prior +0.21beyond mkt -0.01

FORM FormFactor, Inc. FormFactor, Inc. Common Stock

Δ -0.62recent -0.25prior +0.37beyond mkt -0.05

ACLS Axcelis Technologies, Inc. Common Stock

Δ -0.62recent -0.19prior +0.43beyond mkt -0.07

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
MLM Martin Marietta Materials	+0.36	+0.72	5
PYZ Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Basic Materials Momentum ETF	+0.50	+0.78	13
IYM iShares U.S. Basic Materials ETF	+0.80	+0.92	20
LIN Linde plc Ordinary Shares	+0.54	+0.63	17
NUE Nucor Corporation	+0.35	+0.59	12
APD Air Products & Chemicals, Inc.	+0.47	+0.63	17