XP XP Inc. Class A Common Stock

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

XP vs EWZ

Both indexed to 100 at 2026-05-11.

XP EWZ · range 76–177 · 2026-05-11 → 2026-11-06

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

EWZ iShares MSCI Brazil ETF

ρ +0.74beyond mkt +0.65holdout +0.81stable 100%robust

INTR Inter & Co. Inc. Class A Common Shares

ρ +0.67beyond mkt +0.57holdout +0.73stable 100%robust

STNE StoneCo Ltd. Class A Common Shares

ρ +0.67beyond mkt +0.56holdout +0.70stable 100%robust

PAGS PagSeguro Digital Ltd.

ρ +0.64beyond mkt +0.52holdout +0.68stable 100%robust

BSBR BANCO SANTANDER (BRASIL) SA

ρ +0.62beyond mkt +0.48holdout +0.58stable 100%robust

SBS COMPANHIA DE SANEAMENTO B SICO DO ESTADO DE SAO PAULO-SABESP ADS'S

ρ +0.57beyond mkt +0.47holdout +0.63stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.33beyond mkt -0.11holdout -0.29stable 100%robust

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

ρ -0.38beyond mkt -0.04holdout -0.49stable 75%robust

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

ρ -0.37beyond mkt -0.04holdout -0.46stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.30beyond mkt +0.01holdout -0.43stable 75%robust

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

FNLC First Bancorp, Inc (ME) Common Stock

Δ -0.46recent -0.30prior +0.16beyond mkt -0.04

BWMX Betterware de Mexico, S.A.P.I. de C.V.

Δ -0.46recent -0.15prior +0.31beyond mkt +0.12

PRN Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Industrials Momentum ETF

Δ -0.43recent -0.05prior +0.38beyond mkt +0.02

DLHC DLH Holdings Corp.

Δ +0.43recent +0.50prior +0.07beyond mkt +0.03

SPRO Spero Therapeutics, Inc. Common Stock

Δ +0.43recent +0.55prior +0.12beyond mkt +0.03

OSK Oshkosh Corp.

Δ -0.42recent -0.09prior +0.33beyond mkt +0.03

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

Symbol	beyond mkt	raw ρ	shared
STNE StoneCo Ltd. Class A Common Shares	+0.56	+0.67	23
PAGS PagSeguro Digital Ltd.	+0.52	+0.64	23
SBS COMPANHIA DE SANEAMENTO B SICO DO ESTADO DE SAO PAULO-SABESP ADS'S	+0.47	+0.57	24
NU Nu Holdings Ltd.	+0.46	+0.59	24
EWZ iShares MSCI Brazil ETF	+0.65	+0.74	26
BSBR BANCO SANTANDER (BRASIL) SA	+0.48	+0.62	25