Looking to balance out your exposure to DSX? The ETFs below have the lowest correlation with DSX — they tend to move on their own, which can help reduce risk when DSX drops. The stock ideas table highlights individual companies that behave independently from DSX.
No Diversifiers Found for DSX
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DSX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DSX and solid risk/return profiles. The least correlated is ZIM Integrated Shipping Services Ltd. (ZIM) (Industrials) with a 1Y correlation of 0.26, roughly unchanged from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ZIM Integrated Shipping Services Ltd. | 0.26 | 0.27 | 0.35 | 76 | Industrials |
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