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34 Stocks and 66 ETFs for diversifying James Hardie Industries (JHX)

The least correlated asset to James Hardie Industries (JHX) is ETF TSMZ (DIREXION DAILY TSM BEAR 1X SHARES). The correlation is -0.6483.

Stocks that lowly correlated with JHX

SymbolName
Market cap
SectorIndustry
Correlation
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.61
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.58
INHDInno Holdings Inc$9.59MBasic MaterialsSteel-0.56
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.54
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.51
CHARUCharlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$21MFinancial ServicesShell Companies-0.50
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.50
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.50
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.49
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.49
HYAC-UHaymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War)$65MN/AN/A-0.48
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.47
GRDNGuardian Pharmacy Services Inc$2.49BHealthcareMedical Care Facilities-0.47
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.46
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.46
PTNMPitanium Ltd - Class A$225MConsumer DefensiveHousehold & Personal Products-0.45
UFGUni Fuels Holdings Ltd - Class A$24MIndustrialsMarine Shipping-0.45
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.44
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.43
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.43
FBYDFalcon`s Beyond Global Inc - Class A$725MIndustrialsConglomerates-0.42
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.42
TURBTurbo Energy S.A.$7.58MTechnologySolar-0.42
QMMMQMMM Holdings Ltd$2.05BCommunication ServicesAdvertising Agencies-0.42
SKBLSkyline Builders Group Holding Ltd - Class A$91MIndustrialsEngineering & Construction-0.40
AIREreAlpha Tech Corp$12MReal EstateReal Estate Services-0.40
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.39
EDHLEverbright Digital Holding Ltd$4.80MCommunication ServicesAdvertising Agencies-0.38
CWDCaliberCos Inc - Class A$6.51MFinancial ServicesAsset Management-0.38
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.37
ATMVRAMC Robotics Corp$24MN/AN/A-0.37
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.37
FGLFounder Group Ltd$2.30MIndustrialsEngineering & Construction-0.36
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.36

ETFs that lowly correlated with JHX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.65
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.64
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.64
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.64
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.64
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.63
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.63
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.63
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.63
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.62
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.62
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.61
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.61
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.61
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.60
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.60
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.59
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.59
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.58
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.58
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.58
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.58
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.58
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.56
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.56
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.56
MHYWestern Asset Managed High Incm Fnd Inc$20M0.69%Sep 16, 2025-0.56
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.56
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.55
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.55
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.55
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.55
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.54
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.53
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.53
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.53
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.52
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.51
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.51
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.51
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.49
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.48
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.48
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.48
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.48
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.47
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.47
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.46
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.46
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.46
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.46
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.45
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.45
TSLIGRANITESHARES 1X SHORT TSLA DAILY ETF $4MN/ASep 8, 2025-0.44
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.44
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.42
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.42
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.42
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.40
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.40
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.39
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.37
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.37
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.37
FNGDBank of Montreal$68MN/AJan 22, 2018-0.37
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.36