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High CorrelationLow Correlation

29 Stocks and 71 ETFs for diversifying James Hardie Industries (JHX)

The least correlated asset to James Hardie Industries (JHX) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.6382.

Stocks that lowly correlated with JHX

SymbolName
Market cap
SectorIndustry
Correlation
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.61
WGRXWellgistics Health Inc$6.79MHealthcarePharmaceutical Retailers-0.61
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.56
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.54
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.51
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.50
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.49
PSKYParamount Skydance Corp - Class B$10BCommunication ServicesEntertainment-0.48
HYAC-UHaymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War)$65MN/AN/A-0.48
NAMIJinxin Technology Holding Company$7.41MCommunication ServicesInternet Content & Information-0.47
MIAXMiami International Holdings Inc$4BFinancial ServicesCapital Markets-0.47
PTNMPitanium Ltd - Class A$225MConsumer DefensiveHousehold & Personal Products-0.46
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.45
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.44
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.44
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.42
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.41
UFGUni Fuels Holdings Ltd - Class A$24MIndustrialsMarine Shipping-0.41
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.41
QMMMQMMM Holdings Ltd$2.05BCommunication ServicesAdvertising Agencies-0.41
CHARUCharlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$20MFinancial ServicesShell Companies-0.41
SKBLSkyline Builders Group Holding Limited Class A Ordinary Shares$92MIndustrialsEngineering & Construction-0.40
TURBTurbo Energy S.A.$7.58MTechnologySolar-0.40
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.40
GRDNGuardian Pharmacy Services Inc$2.54BHealthcareMedical Care Facilities-0.39
NEE-P-UNextEra Energy Inc Series U Junior Subordinated Debentures due June 1 2085$51BN/AN/A-0.39
DLXYDelixy Holdings Ltd$7.64MEnergyOil & Gas Refining & Marketing-0.38
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.38
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.38

ETFs that lowly correlated with JHX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.64
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.64
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.63
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.63
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.63
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.62
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.62
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.62
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.61
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.61
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.61
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.61
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.60
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.60
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.60
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.60
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.59
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.59
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.58
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.57
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.57
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.57
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.56
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.55
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.55
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.55
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.54
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.54
MHYWestern Asset Managed High Incm Fnd Inc$23M0.69%Sep 16, 2025-0.54
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.54
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.54
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.53
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.53
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.52
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.52
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.52
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.51
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.51
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.50
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.50
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.49
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.48
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.48
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.48
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.47
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.47
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.47
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.47
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.46
TSLIGRANITESHARES 1X SHORT TSLA DAILY ETF $5.80MN/ASep 8, 2025-0.46
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.46
GOOWROUNDHILL GOOGL WEEKLYPAY ETF $85MN/AJul 23, 2025-0.45
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.45
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.45
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.44
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.43
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.43
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.42
CHRIGLOBAL X S&P 500 CHRISTIAN VALUES ETF $7.10M0.29%Sep 23, 2025-0.42
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.42
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.42
AVGUT-REX 2X LONG AVGO DAILY TARGET ETF $36MN/AJul 14, 2025-0.40
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.40
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.40
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.39
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.39
AVGWROUNDHILL AVGO WEEKLYPAY ETF $45MN/AJul 23, 2025-0.39
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.38
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.38