Looking to balance out your exposure to DHC? The ETFs below have the lowest correlation with DHC — they tend to move on their own, which can help reduce risk when DHC drops. The stock ideas table highlights individual companies that behave independently from DHC.
Best Diversifiers for DHC
2 ETFs have low correlation with DHC (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 0.24, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.24 | 0.29 | 0.37 | 70 | S&P 500 | DHC vs VOO | |
| Schwab U.S. Dividend Equity ETF | 0.30 | 0.34 | 0.40 | 80 | Dividend | DHC vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DHC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DHC and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.15, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.15 | 0.16 | 0.25 | 89 | Technology | |
| Pfizer Inc. | 0.24 | 0.22 | 0.17 | 61 | Healthcare | |
| CBL & Associates Properties, Inc. | 0.31 | 0.34 | — | 97 | ||
| Outfront Media Inc. (REIT) | 0.36 | 0.35 | 0.40 | 95 | Real Estate |
Build a portfolio that complements DHC
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