Looking to balance out your exposure to DOW? The ETFs below have historically moved differently from DOW, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DOW
266 ETFs have low correlation with DOW (below 0.3), 32 of which are negatively correlated. The least correlated is Vanguard Tax-Exempt Bond ETF (VTEB) (Municipal Bonds) with a 1Y correlation of -0.17, down from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | -0.17 | 0.03 | 0.02 | 66 | Municipal Bonds | DOW vs VTEB | |
| Vanguard Short-Term Treasury ETF | -0.13 | -0.04 | -0.03 | 85 | Government Bonds, Short-Term Bond | DOW vs VGSH | |
| iShares 1-3 Year Treasury Bond ETF | -0.12 | -0.00 | -0.01 | 81 | Government Bonds, Short-Term Bond | DOW vs SHY | |
| Vanguard Short-Term Bond Index Fund ETF Shares | -0.12 | -0.00 | -0.00 | 54 | Short-Term Bond | DOW vs BSV | |
| Schwab Short-Term U.S. Treasury ETF | -0.11 | -0.03 | -0.03 | 84 | Government Bonds, Short-Term Bond | DOW vs SCHO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DOW, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is General Electric Company (GE) (Industrials) with a 1Y correlation of -0.22, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| General Electric Company | -0.22 | 0.01 | 0.24 | 75 | Industrials | |
| Monster Beverage Corporation | -0.15 | 0.07 | 0.17 | 90 | Consumer Defensive | |
| The Bank of Nova Scotia | -0.13 | 0.20 | 0.36 | 97 | Financial Services | |
| Omega Healthcare Investors, Inc. | -0.12 | 0.05 | 0.16 | 83 | Real Estate | |
| Howmet Aerospace Inc. | -0.12 | 0.06 | 0.26 | 89 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DOW
Add DOW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DOW