DCH vs IWM: Correlation
Dauch Corporation (DCH) and iShares Russell 2000 ETF (IWM) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCH and IWM?
Over the past 3 years, DCH and IWM moved with a correlation of 0.62, which is strong. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. Over 5 years the correlation is 0.65, and the annualized covariance of weekly returns is 593.0 %².
IWM is one of the assets that tracks DCH most closely: it ranks #2 out of the 16 assets we track against DCH. The last year tells two different stories: IWM led by 23.2 percentage points, +5.2% for DCH against +28.4% for IWM. Note the risk asymmetry: DCH runs 2.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
DCH vs IWM: side by side
| DCH (Dauch Corporation) | IWM (iShares Russell 2000 ETF) | |
|---|---|---|
| 1-year return | +5.2% | +28.4% |
| 5-year return | -28.5% | +41.5% |
| Volatility (ann.) | 48.5% | 19.8% |
| Beta vs S&P 500 | 1.58 | 1.06 |
| Max drawdown (3Y) | -65.3% | -27.5% |
| Market cap | $1.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.91% |
| Expense ratio | – | 0.19% |
| Assets under management | – | $80.1B |
| Sector / category | US Listed | ETF · US Small & Mid Cap |
IWM, iShares's Small Blend fund, carries $80.1B under management, 1757 holdings, a 0.19% expense ratio, a 0.91% trailing dividend yield.
Year-by-year returns
| Year | DCH | IWM |
|---|---|---|
| 2022 | -16.2% | -20.5% |
| 2023 | +12.7% | +16.8% |
| 2024 | -33.8% | +11.4% |
| 2025 | +9.9% | +12.7% |
| 2026 | -1.4% | +22.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.05% of IWM is DCH itself, so the fund partly moves with the stock by construction.
Are DCH and IWM good diversifiers for each other?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DCH and IWM?
The DCH/IWM correlation stands at 0.62 on a 3-year window (1 year: 0.54, 5 years: 0.65), computed from weekly returns as of 2026-08-27.
Is IWM a good diversifier for DCH?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dch-vs-iwm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dch-vs-iwm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DCH correlations · IWM correlations
