JPMorgan International Growth ETF (JIG) — Stock Correlations & Overview
Over the past year, JIG has moved most closely with FFGX, ACWX, BINT. Explore the stocks most correlated and inversely correlated with JIG below, along with its price, financials, and company profile.
Stocks correlated with JIG
Correlation of daily returns. Higher positive values move with JIG; negative values move opposite it. Informational only, not investment advice.
Most correlated with JIG
| Symbol | Company | Correlation |
|---|---|---|
| FFGX | Fidelity Fundamental Global ex-U.S. ETF | 0.97 |
| ACWX | iShares MSCI ACWI ex US ETF | 0.97 |
| BINT | Bluemonte Global Equity ETF | 0.97 |
| IXUS | iShares Core MSCI Total International Stock ETF | 0.96 |
| CORO | iShares International Country Rotation Active ETF | 0.96 |
Most inversely correlated with JIG
| Symbol | Company | Correlation |
|---|---|---|
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.93 |
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.93 |
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.93 |
| EFU | ProShares Trust UltraShort MSCI EAFE | -0.88 |
| EFZ | ProShares Trust Short MSCI EAFE | -0.86 |
Frequently asked questions about JIG correlations
- Which stocks are most correlated with JIG?
- Based on one year of daily returns, the stocks most correlated with JPMorgan International Growth ETF (JIG) are FFGX (0.97), ACWX (0.97) and BINT (0.97). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with JIG?
- Over the past year, the stocks most inversely correlated with JPMorgan International Growth ETF (JIG) are EUM (-0.93), EEV (-0.93) and EDZ (-0.93). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these JIG correlations calculated?
- We compute the correlation of daily returns between JIG and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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