Looking to diversify beyond DWSH? The ETFs below have historically moved differently from DWSH, 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 DWSH
2286 ETFs have low correlation with DWSH (below 0.3), 2221 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 -0.84, roughly unchanged from -0.86 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard U.S. Value Factor ETF | -0.84 | -0.87 | -0.86 | 93 | Mid Cap Value Equities | DWSH vs VFVA | |
| Pacer US Small Cap Cash Cows ETF | -0.84 | -0.83 | -0.82 | 94 | Small Cap Value Equities | DWSH vs CALF | |
| Distillate U.S. Fundamental Stability & Value ETF | -0.83 | -0.80 | -0.81 | 71 | Large Cap Value Equities | DWSH vs DSTL | |
| Distillate Small/Mid Cash Flow ETF | -0.82 | -0.84 | — | 82 | Small Cap Value Equities | DWSH vs DSMC | |
| Victoryshares Small Cap Free Cash Flow ETF | -0.81 | — | — | 94 | Small Cap Blend Equities | DWSH vs SFLO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DWSH, 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 Pfizer Inc. (PFE) (Healthcare) with a 1Y correlation of -0.40, roughly unchanged from -0.32 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Pfizer Inc. | -0.40 | -0.41 | -0.32 | 62 | Healthcare | |
| Dow Inc. | -0.30 | -0.52 | -0.54 | 73 | Basic Materials | |
| LyondellBasell Industries N.V. | -0.23 | -0.46 | -0.48 | 60 | Basic Materials | |
| PG&E Corporation | -0.18 | -0.26 | -0.32 | 71 | Utilities | |
| International Seaways, Inc. | -0.14 | -0.18 | -0.19 | 98 | Industrials |
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