Cathie Wood Highlights Bitcoin's Low Correlation with Traditional Assets

According to Odaily, ARK Invest CEO Cathie Wood has emphasized Bitcoin's low correlation with major asset classes such as gold, stocks, and bonds in her 2026 outlook, suggesting it as a powerful tool for portfolio diversification and higher returns per unit of risk. ARK's analysis of weekly returns from January 2020 to early January 2026 indicates that Bitcoin's correlation with gold is moderate at 0.14, significantly lower than the correlation between the S&P 500 and bonds, which stands at 0.27. Bitcoin shows the lowest correlation with bonds at 0.06, slightly higher with gold and Real Estate Investment Trusts (REITs), and the highest correlation with the S&P 500 at 0.28. Even at peak levels, Bitcoin's correlation remains far below that of traditional asset pairs, such as the S&P 500 and REITs, which have a correlation of 0.79.