INSE vs JETS: Correlation
Measured on weekly returns over the past three years, Inspired Entertainment, Inc. (INSE) and US Global Jets ETF (JETS) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INSE and JETS?
Over the past 3 years, INSE and JETS moved with a correlation of 0.53, which is moderate. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 697.6 %².
Within INSE's tracked universe of 11 assets, JETS comes in at #5 by 3-year correlation. The last year tells two different stories: JETS led by 49.0 percentage points, -35.8% for INSE against +13.2% for JETS. Risk is not evenly split, since INSE carries 1.5 times the volatility of the other side.
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.
INSE vs JETS: side by side
| INSE (Inspired Entertainment, Inc.) | JETS (US Global Jets ETF) | |
|---|---|---|
| 1-year return | -35.8% | +13.2% |
| 5-year return | -52.5% | +30.9% |
| Volatility (ann.) | 45.1% | 29.2% |
| Beta vs S&P 500 | 1.37 | 1.16 |
| Max drawdown (3Y) | -56.8% | -35.2% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | ETF · Thematic |
Year-by-year returns
| Year | INSE | JETS |
|---|---|---|
| 2022 | -2.2% | -19.0% |
| 2023 | -22.0% | +11.4% |
| 2024 | -8.4% | +33.2% |
| 2025 | +3.4% | +11.6% |
| 2026 | -37.3% | +4.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INSE and JETS good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between INSE and JETS?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.58 over the last year and 0.50 over 5 years.
Is JETS a good diversifier for INSE?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/inse-vs-jets.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/inse-vs-jets/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: INSE correlations · JETS correlations
