ZTS ZOETIS INC.

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

ZTS vs IDXX

Both indexed to 100 at 2026-05-11.

ZTS IDXX · range 91–131 · 2026-05-11 → 2026-11-06

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

IDXX IDEXX Laboratories, Inc. Common Stock

ρ +0.60beyond mkt +0.39holdout +0.67stable 100%robust

IHI iShares U.S. Medical Devices ETF

ρ +0.60beyond mkt +0.29holdout +0.69stable 100%robust

PAHC Phibro Animal Health Corporation Class A Common Stock

ρ +0.46beyond mkt +0.29holdout +0.54stable 100%robust

PAWZ ProShares Pet Care ETF

ρ +0.61beyond mkt +0.28holdout +0.66stable 100%robust

ABT Abbott Laboratories

ρ +0.51beyond mkt +0.26holdout +0.59stable 100%robust

ELAN Elanco Animal Health Incorporated Common Stock

ρ +0.45beyond mkt +0.25holdout +0.42stable 100%robust

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

STBF Performance Trust Short Term Bond ETF

horizon 10dρ +0.37holdout +0.42stable 62%moderate

CXT Crane NXT, Co.

horizon 10dρ +0.35holdout +0.43stable 75%robust

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

AVNW Aviat Networks, Inc. Common Stock

Δ -0.64recent -0.42prior +0.22beyond mkt +0.11

ALNT Allient Inc. Common Stock

Δ -0.64recent -0.52prior +0.12beyond mkt +0.05

AROC Archrock Inc

Δ -0.64recent -0.52prior +0.12beyond mkt +0.04

IPGP IPG Photonics Corporation Common Stock

Δ -0.63recent -0.49prior +0.14beyond mkt +0.01

MBCE Monarch Blue Chips Elite Index ETF

Δ -0.62recent -0.33prior +0.29beyond mkt +0.02

SMTC Semtech Corporation Common Stock

Δ -0.62recent -0.59prior +0.03beyond mkt -0.07

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

Symbol	beyond mkt	raw ρ	shared	isolation
IDXX IDEXX Laboratories, Inc. Common Stock	+0.39	+0.60	12