Looking to balance out your exposure to DH? The ETFs below have the lowest correlation with DH — they tend to move on their own, which can help reduce risk when DH drops. The stock ideas table highlights individual companies that behave independently from DH.
Best Diversifiers for DH
0 ETFs have low correlation with DH (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.37, roughly unchanged from 0.40 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.37 | 0.40 | — | 70 | S&P 500 | DH vs VOO | |
| State Street SPDR S&P 500 ETF | 0.37 | 0.40 | — | 70 | S&P 500 | DH vs SPY |
Diversification Analysis
Build a portfolio that complements DH
Add DH to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DH