BHM vs JDZG: Correlation
How closely do Bluerock Homes Trust, Inc. (BHM) and JIADE LIMITED - Class A (JDZG) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BHM and JDZG?
On 3 years of weekly data the BHM/JDZG correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.26 over 3. The 5-year figure is n/a, and annualized covariance runs at -2760.6 %².
JDZG is close to the least connected end of BHM's tracked universe, ranking #17 of 18. Their recent paths diverged sharply: over the last 12 months BHM outperformed by 64.8 percentage points (-34.5% for BHM against -99.3% for JDZG). One caveat on sizing: JDZG is 6.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BHM vs JDZG: side by side
| BHM (Bluerock Homes Trust, Inc.) | JDZG (JIADE LIMITED - Class A) | |
|---|---|---|
| 1-year return | -34.5% | -99.3% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 41.3% | 252.5% |
| Beta vs S&P 500 | 0.13 | 0.21 |
| Max drawdown (3Y) | -54.9% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 5.85% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BHM | JDZG |
|---|---|---|
| 2023 | -29.7% | – |
| 2024 | -5.1% | – |
| 2025 | -15.9% | -88.0% |
| 2026 | -19.4% | -98.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BHM and JDZG good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BHM and JDZG?
As of 2026-08-27, the correlation of weekly returns between BHM and JDZG is -0.26 over 3 years, -0.28 over 1 year and n/a over 5 years.
Is JDZG a good diversifier for BHM?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
A reading of -0.26 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
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Related comparisons
Hubs: BHM correlations · JDZG correlations
