WisdomTree U.S. High Dividend Fund (DHS) — Stock Correlations & Overview
Over the past year, DHS has moved most closely with CDL, CDC, DVY. Explore the stocks most correlated and inversely correlated with DHS below, along with its price, financials, and company profile.
Stocks correlated with DHS
Correlation of daily returns. Higher positive values move with DHS; negative values move opposite it. Informational only, not investment advice.
Most correlated with DHS
| Symbol | Company | Correlation |
|---|---|---|
| CDL | VictoryShares US Large Cap High Div Volatility Wtd ETF | 0.92 |
| CDC | VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 0.91 |
| DVY | iShares Select Dividend ETF | 0.89 |
| DIVG | Invesco S&P 500 High Dividend Growers ETFINVESTMENT ADVICE | 0.89 |
| DIVP | Cullen Enhanced Equity Income ETF | 0.88 |
Frequently asked questions about DHS correlations
- Which stocks are most correlated with DHS?
- Based on one year of daily returns, the stocks most correlated with WisdomTree U.S. High Dividend Fund (DHS) are CDL (0.92), CDC (0.91) and DVY (0.89). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with DHS?
- Over the past year, the stocks most inversely correlated with WisdomTree U.S. High Dividend Fund (DHS) are DRV (-0.69), SRS (-0.68) and REK (-0.68). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these DHS correlations calculated?
- We compute the correlation of daily returns between DHS and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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