Odaily Planet News: In her 2026 outlook released, ARK Invest CEO Cathie Wood stated that Bitcoin's low correlation with major asset classes such as gold, stocks, and bonds makes it a powerful tool for portfolio diversification and achieving higher returns per unit of risk.
ARK's weekly return analysis from January 2020 to early January 2026 shows that Bitcoin has a moderate correlation with gold at 0.14, significantly lower than the 0.27 correlation between the S&P 500 and bonds. Bitcoin exhibits the lowest correlation with bonds at 0.06, slightly higher correlations with gold and REITs, and the highest correlation with the S&P 500 at 0.28. Even at its peak, Bitcoin's correlations remain well below those of traditional asset pairs, such as the 0.79 correlation between the S&P 500 and REITs.