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
2061 ETFs have low correlation with DWSH (below 0.3), 2011 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 -0.86, 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 | -0.86 | -0.87 | -0.86 | 71 | Mid Cap Value Equities | DWSH vs VFVA | |
| Pacer US Small Cap Cash Cows ETF | -0.84 | -0.82 | -0.82 | 75 | Small Cap Value Equities | DWSH vs CALF | |
| Victoryshares Small Cap Free Cash Flow ETF | -0.81 | — | — | 80 | Small Cap Blend Equities | DWSH vs SFLO | |
| Alpha Blue Capital US Small-Mid Cap Dynamic ETF | -0.81 | — | — | 50 | Mid Cap Blend Equities | DWSH vs ABCS | |
| Bushido Capital US SMID Cap Equity ETF | -0.80 | — | — | 81 | Mid Cap Value Equities | DWSH vs RNIN |
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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 Dow Inc. (DOW) (Basic Materials) with a 1Y correlation of -0.39, up from -0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Dow Inc. | -0.39 | -0.54 | -0.55 | 54 | Basic Materials | |
| International Seaways, Inc. | -0.19 | -0.19 | -0.20 | 98 | Energy | |
| PG&E Corporation | -0.19 | -0.27 | -0.32 | 77 | Utilities | |
| Star Bulk Carriers Corp. | -0.18 | -0.19 | -0.26 | 85 | Industrials | |
| Taseko Mines Limited | -0.15 | -0.30 | -0.36 | 88 | Basic Materials |
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