sotnkcorrelations

DWSH AdvisorShares Trust AdvisorShares Dorsey Wright Short ETF

Last close: 5.35
504-day return: -18.87%
Median $/day: $195k
Significant pairs: 3164

DWSH vs HDGE

Both indexed to 100 at 2026-05-11.

DWSH HDGE · range 79–104 · 2026-05-11 → 2026-11-06

Moves with DWSH

Same-day co-movement.

Symbol	$/day	Lag	ρ	Holdout ρ	Stability	q	Tier
HDGE AdvisorShares Active Bear ETF	$1.1M	0d	+0.87	+0.90	100%	<1e-15	robust
VXX iPath Series B S&P 500 VIX Short-Term Futures ETN	$222.2M	0d	+0.44	+0.21	88%	<1e-15	moderate
VXZ iPath Series B S&P 500 VIX Mid-Term Futures ETN	$572k	0d	+0.42	+0.24	88%	<1e-15	moderate
VIXM ProShares VIX Mid-Term Futures ETF	$2.7M	0d	+0.42	+0.23	88%	<1e-15	moderate

Moves against DWSH

Symbol	$/day	Lag	ρ	Holdout ρ	Stability	q	Tier
VFVA Vanguard U.S. Value Factor ETF	$1.6M	0d	-0.87	-0.83	100%	<1e-15	robust
CALF Pacer US Small Cap Cash Cows ETF	$41.3M	0d	-0.86	-0.85	100%	<1e-15	robust
DSMC Distillate Small/Mid Cash Flow ETF	$246k	0d	-0.85	-0.79	100%	<1e-15	robust
GVLU Gotham 1000 Value ETF	$114k	0d	-0.84	-0.77	100%	<1e-15	robust
MOAT VanEck Morningstar Wide Moat ETF	$72.7M	0d	-0.84	-0.83	100%	<1e-15	robust
DSTL Distillate U.S. Fundamental Stability & Value ETF	$4.4M	0d	-0.84	-0.85	100%	<1e-15	robust
COWZ Pacer US Cash Cows 100 ETF	$96.0M	0d	-0.83	-0.77	100%	<1e-15	robust
SFLO Victory Portfolios II VictoryShares Small Cap Free Cash Flow ETF	$1.7M	0d	-0.82	-0.84	100%	<1e-15	robust
FYT First Trust Small Cap Value AlphaDEX Fund	$391k	0d	-0.82	-0.72	100%	<1e-15	robust
FNK First Trust Mid Cap Value AlphaDEX Fund	$314k	0d	-0.82	-0.68	100%	<1e-15	robust
MDPL Monarch Dividend Plus Index ETF	$192k	0d	-0.81	-0.79	100%	<1e-15	robust
COWS Amplify ETF Trust Amplify Cash Flow Dividend Leaders ETF	$129k	0d	-0.81	-0.74	100%	<1e-15	robust
NIXT EA Series Trust Research Affiliates Deletions ETF	$109k	0d	-0.81	-0.73	100%	<1e-15	robust
BSMC Brandes U.S. Small-Mid Cap Value ETF	$327k	0d	-0.80	-0.72	100%	<1e-15	robust
SOVF Sovereign's Capital Flourish Fund	$255k	0d	-0.80	-0.82	100%	<1e-15	robust