Looking to diversify beyond DWSH? The ETFs below have the lowest correlation with DWSH — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from DWSH.
Best Diversifiers for DWSH
1940 ETFs have low correlation with DWSH (below 0.3), 1918 of which are negatively correlated. The least correlated is Vanguard U.S. Value Factor ETF (VFVA) (Mid Cap Value Equities) with a 1Y correlation of -0.87, roughly unchanged from -0.86 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard U.S. Value Factor ETF | -0.87 | -0.88 | -0.86 | 62 | Mid Cap Value Equities | DWSH vs VFVA | |
| Pacer US Small Cap Cash Cows 100 ETF | -0.85 | -0.83 | -0.81 | 64 | Small Cap Blend Equities | DWSH vs CALF | |
| Distillate Small/Mid Cash Flow ETF | -0.84 | -0.85 | -0.86 | 51 | Small Cap Value Equities | DWSH vs DSMC | |
| Victoryshares Small Cap Free Cash Flow ETF | -0.82 | — | — | 64 | Small Cap Blend Equities | DWSH vs SFLO | |
| Bushido Capital US SMID Cap Equity ETF | -0.82 | — | — | 73 | Mid Cap Value Equities | DWSH vs RNIN |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DWSH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DWSH and solid risk/return profiles. The least correlated is Pfizer Inc. (PFE) (Healthcare) with a 1Y correlation of -0.49, down from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Pfizer Inc. | -0.49 | -0.42 | -0.33 | 50 | Healthcare | |
| Dow Inc. | -0.47 | -0.56 | -0.57 | 51 | Basic Materials | |
| Algonquin Power & Utilities Corp | -0.22 | -0.42 | -0.42 | 53 | Utilities | |
| PG&E Corporation | -0.22 | -0.27 | -0.33 | 66 | Utilities | |
| Star Bulk Carriers Corp. | -0.20 | -0.21 | -0.26 | 86 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DWSH
Add DWSH to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DWSH