Looking to balance out your exposure to DHIL? The ETFs below have the lowest correlation with DHIL — they tend to move on their own, which can help reduce risk when DHIL drops. The stock ideas table highlights individual companies that behave independently from DHIL.
Best Diversifiers for DHIL
2 ETFs have low correlation with DHIL (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) (Gold) with a 1Y correlation of 0.15, roughly unchanged from 0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | 0.15 | 0.20 | — | 52 | Gold | DHIL vs GDE | |
| Vanguard S&P 500 ETF | 0.30 | 0.37 | 0.44 | 74 | S&P 500 | DHIL vs VOO | |
| State Street SPDR S&P 500 ETF | 0.30 | 0.37 | 0.44 | 74 | S&P 500 | DHIL vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DHIL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DHIL and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.07, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.07 | 0.12 | 0.18 | 73 | Consumer Defensive | |
| Silicon Motion Technology Corporation | 0.13 | 0.15 | 0.21 | 98 | Technology | |
| Chubb Limited | 0.13 | 0.20 | 0.28 | 57 | Financial Services | |
| United Therapeutics Corporation | 0.14 | 0.18 | 0.20 | 86 | Healthcare | |
| Bank of America Corporation | 0.20 | 0.38 | 0.41 | 70 | Financial Services |
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