SeriesMagCorrSyncOverlapThrough
Correlation
of values
-49%
In sync
of periods
43%
History
daysdays · through 2026-04-30
5,827
These move opposite each other about 43% of the time
Their swing sizes loosely mirror each other (~24% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Explore
Advanced
Statistics
In sync(i)
43.0%
Headline metric
Movement correlation(i)
-49%
Based on values
95% CI
-51% → -47%
Likely range of correlation
Pipeline
Pipeline Summary
5,827 paired data points survived the daily window.
Raw input
9,176
5,837
Normalized
9,176
5,837
Prepared
9,176
5,837
Aligned
5,827
5,827
Invalid removed
R²(i)
24.3%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
5,827
Deep
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
-49%
No shift — both series at their actual dates.
5,827 overlapping points at this shift
Baseline
-49%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-49%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
+36%
55 periods · Return correlation when both series rose
Both Falling
+2%
46 periods · Return correlation when both series fell
Diverging
-80%
148 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
3,359
A: 3349 / B: 10
Series A
VIX
VIXCLS
FRED · 9,176 raw → 9,176 prepared
Series B
5Y Breakeven Inflation
T5YIE
FRED · 5,837 raw → 5,837 prepared
Sign agreement
99.0%
How often both values share the same sign.
Zero crossings
331
Estimated crossover points between normalized spreads.
Slope
-0.0335
Linear regression slope.
Intercept
2.6003
Linear regression intercept.
Saved 4 days ago · ID: fred-t5yie_fred-vixcls_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.